A parliamentary committee face questions over the school funding formula

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The change would affect an estimated two million households from the start of the next financial year. Officials stressed that no final decision has been taken and that consultation will run into the autumn. A spokesperson said the approach balances affordability against the need for long-term investment. The figures represent the sharpest movement recorded since comparable data began.

A spokesperson said the approach balances affordability against the need for long-term investment. Several of those briefed on the plans said the detail matters more than the headline commitment. The proposals, published on Tuesday, set out a timetable that officials say is deliberately cautious.

Several of those briefed on the plans said the detail matters more than the headline commitment. Independent analysts note the projections rest on assumptions that may prove optimistic. The change would affect an estimated two million households from the start of the next financial year. Officials stressed that no final decision has been taken and that consultation will run into the autumn.

Critics argue the measures do not go far enough to address the underlying pressures. The proposals, published on Tuesday, set out a timetable that officials say is deliberately cautious. Officials stressed that no final decision has been taken and that consultation will run into the autumn.

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