£1.75bn for Primary Schools Rebuild
The Government has today announced the release of £1.75bn for the rebuilding of Primary Schools across England as part of the Primary Capital Programme, which will be investing a total of £7bn by 2022-23 in a bid to rebuild half of all Primary Schools.
The funds are being released to 41 local authorities that have met all the requirements set out by the DfES for projects between 2009-10, and to a further 92 local authorities for projects between 2010-2011.
Whilst it would appear that only large construction companies will reap the rewards of this investment, Schools Secretary Ed Balls has a different take on things:
Such a massive capital funding injection will have big spin-off benefits for the construction industry and local businesses, who will be crucial to fitting out the new and refurbished schools.
We believe that investment such as this can only have a positive impact on School Suppliers, with many new and refurbished schools requiring new facilities, furniture, equipment and such like.
