Home / Business / The Bolton News declare : Half a billion pounds for new free schools in Philip Hammond’s Budget (From The Bolton News)

The Bolton News declare : Half a billion pounds for new free schools in Philip Hammond’s Budget (From The Bolton News)

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MORE than half a billion pounds is to be pumped into creating new free schools, including grammars, and refurbishing existing school buildings, the Government has said.
Chancellor Philip Hammond’s Budget will include £320 million to help fund up to 140 new schools, creating more than 70,000 new places.
There are currently 431 open free schools – a key plan of Conservative education reform – and a further 243 in the process of opening.
The investment is intended to build on the Government’s commitment to open 500 new free schools by 2020, he will announce today.
And the current entitlement for children who access free home-to-school travel will be expanded to cover selective schools.

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British Chambers of Commerce director general Adam Marshall said: “Businesses had been advised to expect minimal change, rather than a blockbuster Budget, and Philip Hammond did not disappoint.”
Institute of Economic Affairs director general Mark Littlewood said the chancellor had “defused one bomb” by providing relief for business rate rises.
Institute of Directors director general Stephen Martin said: “The ‘nothing to see here’ approach adopted by the chancellor will only fly for so long.
CBI director general Carolyn Fairbairn said: “There has never been a more important time for the UK to sit at the global top table of technical education for young people.”
Although the extra money for social care was welcome, “it doesn’t even come close to making up the funding cut since 2010 and won’t stop extreme rationing of care,” he added.

Budget 2017: Reaction to Philip Hammond's statement*/

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