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Treasury sets out education spending plans for 2015-2021

The Treasury has confirmed plans to spend more than £21 billion on the school estate over the course of the next Parliament (2015 to 2021). The money will create 275,000 new primary and 245,000 new secondary school places, ministers say.

Funding will also be allocated to rebuilding 261 schools through the Priority Schools Building Programme (PSBP) as well as for maintenance of other schools in need.

Chief secretary to the Treasury, Danny Alexander, told the House of Commons last Thursday (June 27), that the investment, on top of existing plans, would mean the creation of one million new school places in a decade.

However, the announcement comes at a time when the Department for Education (DfE) is under intense pressure over whether it will meet the increased demand for school places expected in September 2014 (for more on this, see the SecEd report by clicking here).

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