Schools hoard #163;2.4bn in funds

8th February 2013 at 00:00

Schools in England are "hoarding" a record #163;2.4 billion of unspent funds, an amount that has soared by more than #163;600 million since the coalition government came to power. Figures released by the Department for Education revealed that a handful of schools were sitting on unspent surpluses of more than #163;1 million, prompting questions over the use of the pupil premium, which is supposed to be spent on educating pupils from deprived backgrounds.

Log-in as an existing print or digital subscriber

Forgotten your subscriber ID?


To access this content and the full TES archive, subscribe now.

View subscriber offers


Get TES online and delivered to your door – for less than the price of a coffee

Save 33% off the cover price with this great subscription offer. Every copy delivered to your door by first-class post, plus full access to TES online and the TES app for just £1.90 per week.
Subscribers also enjoy a range of fantastic offers and benefits worth over £270:

  • Discounts off TES Institute courses
  • Access over 200,000 articles in the TES online archive
  • Free Tastecard membership worth £79.99
  • Discounts with Zipcar,, Virgin Wines and other partners
Order your low-cost subscription today