We have now set out our final national funding formula for schools, following a consultation in which we heard from over 26,000 individual respondents and representative organisations.
We are recognising the challenges of the very lowest funded schools by introducing a minimum per pupil funding level. In 2019-20 all secondary schools will attract at least £4,800 per pupil, and all primary schools will attract at least £3,500 per pupil. In 2018-19, as a step towards these minimum funding levels, secondary schools will attract at least £4,600, and primary schools £3,300.
Decisions about spending after 2019-20 will be subject to the next Spending Review.