Britain’s school budgets are being squeezed by rising energy and wage bills

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Britain’s school budgets are being squeezed by rising energy and wage bills
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Higher costs are all coming at once

Save time by listening to our audio articles as you multitaskThe government had intended schools to be fairly flush this year. Funding per-pupil in mainstream schools in the current financial year, starting in April, is 6.8% higher than in the previous year. Mr Goddard’s school is part of an academy trust, a group of state schools financially independent of local government, where budgets follow the academic year starting in September.

Wages are the biggest drain on schools’ budgets. In the year before the pandemic energy bills represented just 1.4% of costs. But that share is rising quickly along with gas prices. Schools are in wildly different positions, depending on whether they managed to lock in their energy contracts earlier in the year. Micon Meltcafe, who runs a group of academies, reports unit prices doubling from October 1st.

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