B

Baroness Smith of Malvern (Lab)

Speaking in the House of Lords on 25 November 2025

Debate

Schools: Funding

Contribution

The Treasury’s analysis of this policy suggested that it would be able to raise around £1.8 billion a year by the 2029-30 financial year. As I identified in my first Answer, in this year alone we are increasing the amount of money that is going into our core schools budget by £3.7 billion. I think that demonstrates that, yes, we are investing every pound of that £1.8 billion in the £3.7 billion by which we have increased the core schools budget. That is before we get on to talking about the pay increase that we have been able to provide for our teachers to keep them in our schools, the investment that we are making in special educational needs and disabilities, and the capital funding that will enable schools to have both the condition and the places necessary for the 94% of pupils who have their education in the state system.

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