North East MPs have called on the Government to give the region the funds it needs to meet increasing education costs.
The MPs have signed an Early Day Motion (EDM) which calls on the Government to take action on the estimated £119m real terms cuts that North East schools face by 2020. This funding gap is due variety of factors including changes in the new funding formula, cuts outlined by in the 2015 budget and the effect of inflation on school costs.
An independent report by the National Audit Office found schools across England need to make total savings of £3bn by 2020 to cope with increasing costs. The National Union of Teachers estimate the savings needed in the North East is equivalent to losing 3,203 teachers.
It is not just Labour Members of Parliament worried about this situation, a survey found that 72% of head teachers think their budgets will be unsustainable by 2019.
Tom, who tabled the EDM, said:
These findings are extremely worrying for the North East and casts doubt on the financial sustainability of schools in our area.
The National Audits Office’s findings show that the Government’s current plans for funding our schools aren’t good enough. We’re currently in the mists of a financial crisis in the NHS and this suggests we could be facing something similar in our schools by 2020. It looks the Tories haven’t got their sums right again – they can’t be trusted to run our services.
Either our schools will have to make deep cuts that will affect the education of young people in our area or the Government will have to stump up more cash. We are asking they do the latter.