More support to help schools with costs
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A new toolkit to help schools save money to ensure every pound
possible is being spent in the classroom has been published today
by Education Secretary Damian Hinds. The School Resource Management
Strategy provides schools with practical advice on how to reduce
the £10 billion non-staffing spend spent across England last year.
It is estimated schools could save up to a billion pounds through
better procurement and buying...Request free trial
A new toolkit to help schools save money to ensure every pound possible is being spent in the classroom has been published today by Education Secretary Damian Hinds. The School Resource Management Strategy provides schools with practical advice on how to reduce the £10 billion non-staffing spend spent across England last year. It is estimated schools could save up to a billion pounds through better procurement and buying strategies. The strategy includes information on how to work collaboratively with other schools to drive down costs on things like stationery, energy and water bills, as well as supporting schools with staff recruitment and retention. Between 2014/15 and 2016/17 schools saved £106 million on non-staff spending and a nationwide network of Schools Resource Management Advisers, who work with schools to use every pound they spend effectively, is helping to build on that success. Today’s announcement follows a pledge by the Education Secretary to work with schools and bear down on cost pressures so every pound counts in the classroom. Education Secretary Damian Hinds said:
Earlier this year, Mr Hinds unveiled plans to clamp down on agencies charging schools excessive fees to recruit staff and provide a free platform for schools to advertise vacancies, which costs on average £75 million a year. A national network of buying hubs which offer procurement support to schools, a register of recommended best value deals and an online utility bill comparison tool are among other steps which have already been taken by the department. The register of recommended deals has helped schools save £21 million since April 2018, with one school – Belmont Community School in Durham – £30,000 better off by simply switching to a better printing and photocopying deal. Another eight deals will be added to the register today. The strategy has been welcomed by The Institute of School Business Leadership. Stephen Morales, CEO of the Institute of School Business Leadership, said:
This strategy is the latest in a series of steps taken by the department to help schools deliver the best value for money and ensure resources can be targeted at the frontline. It includes:
The strategy also underscores the Department for Education’s commitment to investing in the school estate, to work with schools and local authorities to reduce running costs, and to ensure school places are available in the areas that need them. Today’s announcement builds on the Education Secretary’s commitment to work with the profession, unions and Ofsted to strip away unnecessary workload and to champion the teaching profession. |
