Publication Source

The government wants to find another £1 billion of savings in schools and trusts, freeing up funding to “prepare for and manage” rising energy and other costs.

School leaders warned the strategy would not be enough to make up for soaring costs and “inadequate” funding, and said the cost-cutting drive could prove controversial.

But officials say everyone has a “duty” to spend wisely and the strategy was not about reducing spending, with schools able to keep and reinvest savings made.

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