State schools in England will receive a funding boost of £2.3bn a year for the next two years, Jeremy Hunt has announced, with the Treasury saying the extra funds amount to an “average cash increase for every pupil of more than £1,000 by 2024-25” compared with last year.
The extra cash would see core schools funding rise from £53.8bn this year to £58.8bn by 2025, meeting a previous pledge by the government to restore funding for pupils up to the age of 16 back to 2010 levels in real terms.