The national funding formulae we announced on 14 September sets out the changes to the schools budget in 2018-19 and 2019-20. For the next two years, allocations of school funding to local authorities will be based on what schools are notionally allocated through the national formula. Individual schools will have their actual funding determined through formulae set by their local authorities. The Department does not prescribe to schools how they must use their funding allocations.
There is a statutory process in place to review teachers’ pay and we will be asking the School Teachers Review Body (STRB) later this year to make recommendations taking into consideration key factors such as recruitment and retention, as well as affordability.