Bloomberg News

U.K. to Spend 600 Million Pounds to Fund Autonomous Schools

November 27, 2011

Nov. 26 (Bloomberg) --The British government will spend 600 million pounds ($926 million) to fund so-called free schools that run independently from the control of local education authorities, according to an official.

The money, to be disbursed over the next three years, would fund about 100 schools, as well a specialist school in mathematics for 16 to 18 year-olds, said the government official, who declined to be identified in line with U.K. civil- service practice.

Chancellor of the Exchequer George Osborne on Nov. 29 will detail updated economic forecasts to parliament together with plans to revive the economy.

The government wants to encourage schools to break away from local education authorities to give them greater control over admissions. Free schools can be set up by groups of parents or other community groups, a plan opposed by the opposition Labour Party. It says money used to fund them reduces the amount available for existing state schools.

--Editor: Alan Crosby

To contact the reporter on this story: Gonzalo Vina in London at gvina@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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