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News & Views

School Teachers’ Pay and Conditions Document (STPCD) - 08/03/2024

The Department for Education published its evidence on 29 February. This can be found here.

This is supplemented by the Economic Evidence to the Pay Review Bodies (issued by HM Treasury and the Office of Manpower Economics) and the Schools Costs technical note (DfE).

The School Costs technical note states as one of its main points:

‘Core funding to mainstream schools is set to increase by 3.1 per cent in 2024-25. The difference between the 3.1 per cent increase in funding and the 1.9 per cent increase in costs (excepting the 2024 pay awards) indicates that mainstream schools could increase their spending by a further 1.2 per cent on average, or around £600 million at the national level in 2024-25. This estimate will inform the Department’s overall assessment of what pay awards, for both teachers and support staff, might be absorbed within schools’ existing aggregate budgets.’

The School Teachers’ Review Body is due to send its report to the Government in May 2024.