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Budget announced: 2017

Posted by: Roisin Evans 8 Mar 17  | Government


Today Philip Hammond has delivered his first Budget as chancellor, here are the key points for Education, Social care and Housing:

EDUCATION

  • Good news for the education sector as there has been additional funding in both under 18 education and university education
  • The budget announced an extra £216m of investments for under 18 education. An example of how this further funding will be used is to extend free transport to all children who already receive free school meals in selective schools.
  • There will also be further investment in university education which will see a rise of investment by 300m in order to support 1,000 new PhD place and fellowships in STEM.
  • A change in the education system is on the horizon as 2017 will see the introduction of new T-levels in order to give uniformity to qualifications across the education system. Further importance will also be put into how much time is used to train for these T-levels as time used to taught the A levels will increase by 50% and will also include a three month work placement.

 

SOCIAL CARE

  • Social Care will also receive a surge in funding as Phil Hammond announced an extra £2bn over the next three years will be spent on social care with 1bn to readily available in the coming year.


 

 

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