NASUWT comments on National Funding Formula announcement
Chris Keates, General Secretary of NASUWT - The Teachers' Union has commented on the announcement of the new National Funding Formula by the Secretary of State.
The NASUWT acknowledges that there are compelling reasons to reform the current school funding system so that it ensures a fairer distribution of the overall funding that is available and takes better account of factors such as pupil deprivation.
However, the funding formula announced today will not be sufficient to offset the real terms funding losses over the period since 2010.
This follows the £1.3billion announced for schools in July which was little more than recycled money from other areas of the education budget
What is needed is significant additional investment into our school system to support high-quality education provision for every child, no matter what their needs or circumstances.
This announcement fails to secure this and therefore fails both schools and pupils