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OPT-OUT SCHOOLS FACE FUNDING CUTS OF UP TO£20,000

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New government funding rules mean opted-out schools will lose up to£20,000 a year from their budget, reports the I...
New government funding rules mean opted-out schools will lose up to £20,000 a year from their budget, reports the Independent (15 January, p6).

In future those schools which opt for self-government will have no cash advantage over those which stay within council control, says the report.

The decision follows revelations that the first schools to opt out are receiving almost £14m bonuses each year and councils which have large numbers of self-governing schools lose more than £1m annually.

Now schools will lose up to 10% of the extra cash each year, the Independent reports.
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