Schools in Haringey are set to be hit with a £9.6 million cut to spending power in 2024/25, data from the National Education Union (NEU) has revealed. This means that funding per pupil in Haringey will be cut by £293 in 2024/25 compared with 2023/24.
There are 75 schools in Haringey, 72 of which will have less spending power in 2024/25 as a result of these funding cuts. Primary schools in the borough will see a £257 reduction in spending power per pupil over the next financial year, whilst in secondary schools there will be a £372 fall in spending power per pupil.
Haringey’s Liberal Democrats are warning that the fall in spending power will push already stretched school budgets to the brink, with a worse educational experience for pupils and worse outcomes.
Cllr Marsha Isilar-Gosling (LD-Highgate), Opposition Spokesperson for Children & Families, said:
“This Conservative government has failed Haringey’s children. Parents in our community should not have to send their children to schools which have had their funding decimated by a government that has lost interest in providing high-quality education.
“Investing in education is investing in our future but this Tory government has let school buildings crumble and overseen a severe shortage of teachers. Far from preparing the next generation for the future, Ministers have totally abandoned them.
“The Liberal Democrats know that investment in education boosts our children’s futures. The Treasury needs to urgently look at increasing school funding."