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funding crisis in schools

13 November 2015
Schools are reportedly having to cut back on equipment, maintenance and teaching assistants due to rising costs for national insurance and teachers' pensions. With no fair national funding formula in sight and spending per pupil predicted to fall by 8% in real terms over the next 5 years, schools must plan ahead for difficult times.

Whilst cutting staff and spending less might seem an obvious way forward to meet extra costs and funding cuts, the answer to the impending funding crisis must be for schools to work closer together, either in formal academy groups or hard federations. As well as the educational benefits of close collaboration between schools, the ability to share staff and centralise services will help ease funding pressures. For single schools and academies, maintaining the status quo is unlikely to be a sustainable option in the long-term. Formalising local partnerships and developing relationships with other schools who share a similar vision and ethos will help schools navigate choppy waters, and stay afloat.

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