“Jonathan Simons, head of the education unit at the Policy Exchange thinktank, told TES that today’s announcement was an “incredibly good settlement for education across the board” but would “feel like a cash cut” for some academies.
‘Academies will have inflationary cuts because per-pupil funding is only protected in cash terms, and there will be the ESG cut as well,’ he said. ‘On top of this some academies will lose money under the changes to the funding formula.'”