Schools are facing a £1bn loss in funding by 2030 due to falling rolls, with London and the North East set to be hit the hardest.
An analysis published this week by the Education Policy Institute (Cruikshanks, 2024) shows that the total number of pupils in state-funded primary and secondary schools are projected to fall from a peak of 7.57 million in 2022/23 to 7.14 million in 2028/29 – a fall of 436,000.
It estimates that this will result in school funding in England falling from £42.7bn in 2024/25 to £41.6bn in 2029/30.
Primary schools are set to be the hardest hit, with total funding projected to fall by 5.6% between 2023/24 and 2029/30.