Written Question·Department for Education·UIN 93404
Schools and Further Education: Finance
Tabled: 21 November 2025
Answered: 1 December 2025
Question
Jim McMahon
Labour (Co-op) — Oldham West, Chadderton and Royton
To ask the Secretary of State for Education, what estimate has been made of total cash reserves held by (a) schools and (b) colleges.
Answer
Georgia GouldIn the 2023/24 financial year, reserves in the school system totalled more than £6 billion, and the total value of reserves for the further education college sector was over £1.6 billion.