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Education’s funding crisis: what happens when the money runs out?

For years, school leaders have been in the grip of a funding crisis, struggling to make ends meet. Across the country, provision has been cut and staffing stripped to the bone. But what actually happens when a school can no longer balance its books? Will it be forced to close? Nick Morrison looks at the measures available to prevent cash-strapped schools from shutting their gates for good

The school funding crisis: what happens if schools run out of money?

Michael Ferry has been struggling to sleep at night.

Two weeks ago, the secondary headteacher was preparing to announce that five members of staff – both teachers and support staff – would be at risk of redundancy. In the end, he managed to find cost savings from elsewhere. But Ferry knows that there are more hard decisions ahead. He is long past the point at which he could make cuts without seriously affecting his school’s provision.

“You wake up at two o’clock in the morning and can’t get back to sleep because you’re thinking, ‘So-and-so might be leaving, so how can I maintain the ...

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