Schools across England to Sign a Joint Letter to Chancellor Hammond


Posted March 7, 2018 by JamieMartin

Most of the head teachers from around 5500 schools across England have resolved to sign a joint letter to the Chancellor Philip Hammond warning him about the funding shortages.

 
London, England –March 07, 2018

Most of the head teachers from around 5500 schools across England have resolved to sign a joint letter to the Chancellor Philip Hammond warning him about the funding shortages.

Several primary schools in west London are considering cutting down working hours because of money issues. The head teachers are warning the government regarding the budget gaps and unequal funding. They state that the schools across England would have an additional £5.5 billion if they were equally funded as that of Hackney.

It was after this action that the UK government promised to give additional £1.3 billion to the schools. According to the Department for Education, the head’s calculations were surprisingly misleading.

The head teachers are sending invoices to the Chancellor which clearly states their funding issues. Only extra funding will be able to solve this issue,which is what over 3.5 million parents believe.

The heads have also mentioned how a high level of school funding will ensure higher levels of social mobility. If carefully observed, among the 20 highest funded areas in England, 18 of them are located in the London City. On the other hand, among the 20 places at the top of government’s social mobility index, 17 of them are in London again.

By already informing the parents, the schools have already been saving some money by not filling vacant posts and reducing music lessons.

What schools can do alternatively is to consult alternative finance companies for securing their funds. Nucleus Commercial Finance understands that education is important and thus provides education finance. They know exactly how to support you and guide you throughout the process.

To know more about them, you can visit their website https://nucleuscommercialfinance.com/

Nucleus Commercial Finance Ltd.
2 Gees Court
London
W1U 1JA
+44 (0)207 839 9451
Email: [email protected]
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Issued By Jamie Martin
Website Nucleus Commercial Finance Ltd.
Country United Kingdom
Categories Business , Finance , Loans
Tags commercial finance , construction finance , invoice finance
Last Updated March 7, 2018