questionText: To ask the Secretary of State for Education, whether she plans to review the current funding formula for schools to ensure that it is adjusted for (a) inflation and (b) increases in the cost of living.
answerText: The overall core school budget will total £60.7 billion in the 2024/25 financial year, the highest ever level in real terms per pupil. School funding is therefore set to have risen by £11 billion next year, compared with 2021/2022.  
heading: Schools: Finance