Schools: Finance

Many schools excel at offering a diverse range of activities that are woven into their ethos, all delivered using resources within and outside the school. These school activities are often enhanced by working with local clubs, voluntary sector organisations or national partners. We want to enable and build such partnerships to spread opportunities across our schools.

School funding is increasing by £3.7 billion in 2025/26, meaning that core school budgets will total £65.3 billion compared to £61.6 billion in 2024/25. The department is putting in place a range of support that will help schools further, including physical education and school sport partnerships, the national network of music hubs, and £22.5 million of funding from the Department for Culture, Media and Sport over three years to create a tailored enrichment offer in up to 400 schools. The government is also targeting £132.5 million of Dormant Assets funding to support the provision of services, facilities, and opportunities to meet the needs of young people, particularly those from disadvantaged and underrepresented backgrounds.

In June we announced that the government is providing £24 million of funding for 'TechYouth', which will give one million students over three years across every secondary school in the UK the chance to learn about technology and gain access to new skills training and career opportunities.