School buildings money runs dry
The majority of the £15.8bn made available for school building projects has already been allocated.
The vast majority of the Department for Education's (DfE) four-year capital spending budget has already been assigned to existing school projects, CYP Now has learned.
The comprehensive spending review last month allocated £15.8bn to the DfE for capital spending and committed to rebuilding or refurbishing more than 600 schools from the last administration's Building Schools for the Future (BSF) and academies programmes.
At Prime Minister's questions held last week, David Cameron described the settlement as "additional" cash for building new schools.
"We have had to scrap the unaffordable and badly put forward BSF programme," he said. "But in the spending plans for the next four years are £15bn additional capital for school building, so there are plenty of opportunities for additional school building, and not just secondary schools, but primary schools as well. That is what we will be making available." Read more... (Children & Young People - 2 November)
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