All posts tagged: 1.4bn

£1.4bn for school rebuilding next year

Published by skeptic

[ad_1] More from this theme Recent articles The government has vowed to “protect” education priorities at next week’s budget, including by committing £1.4 billion to funding the existing school rebuilding programme next year. The announcement represents a £550 million increase in funding for the rebuilding programme compared to last year. Chancellor Rachel Reeves has also said she will triple investment in school breakfast clubs to “over £30 million” next year. But there is no word yet on whether school revenue funding will rise, or whether much-needed extra funding for SEND will materialise. A Treasury press release said today that “improving opportunities” for children and young people would be a “key feature” of the chancellor’s first budget this coming Wednesday. It repeated the new Labour government’s line that the party is having to make “tough decisions” in the face of a £22 billion blackhole in public finances inherited from the Conservatives. More money, but for existing rebuilds The 10-year school rebuilding programme was first announced by Boris Johnson in 2021. At the time, government said it …

Chancellor Rachel Reeves to pledge £1.4bn for crumbling schools and childcare in the budget | Politics News

Published by Sam

[ad_1] Rachel Reeves has promised £1.4bn to rebuild crumbling schools and triple funding for free breakfast clubs, as she gears up for her first budget. The chancellor said children “should not suffer” due to the UK’s depleted public purse, despite the Labour government needing to plug what it calls a £22bn “black hole”. However, economists said the funding would generally ensure existing plans keep going, rather than pay for many new initiatives, and teachers said much more cash was needed. The Treasury said the £1.4bn would “ensure the delivery” of the school rebuilding programme, which was announced in 2020 under then prime minister Boris Johnson. It aims to rebuild or refurbish about 500 schools in a decade, but progress has been slow. The £1.4bn is understood to be a £550m increase on last year to support the programme. Last year more than 100 schools, nurseries and colleges in England were forced to shut down days before the autumn term due to safety concerns over reinforced autoclaved concrete (Raac). Please use Chrome browser for a more …

EU Commission boosts Horizon Europe funding by €1.4bn

Published by skeptic

[ad_1] The European Commission has announced it has adopted an amendment that will boost Horizon Europe funding by around €1.4bn for 2024. The amendment to the 2023-24 Work Programme of Horizon Europe will mobilise previously unallocated Horizon Europe funding, taking the 2024 budget to €7.3bn. The additional Horizon Europe funding includes a nearly €650m investment in the EU Missions to solve some of Europe’s major challenges. This includes helping over 100 cities become climate-neutral, creating a New European Bauhaus (NEB) facility, and taking key actions to support EU research and innovation activities. Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education and Youth, commented on the new Horizon Europe funding allocation: “We need to attract more newcomers to the opportunities presented by Horizon Europe in order to make the most of Europe’s potential. “This is why we are introducing experimental actions in this work programme update. Together with the roll-out of further funding for the EU Missions, the New European Bauhaus Facility and other actions, this will help maximise the impact of our research and innovation …