Schools and trusts will be supported to save millions over this Parliament through a new programme to tackle avoidable costs like high supplier mark-up and wider barriers to getting the best value for money from their budgets - so every penny is invested in delivering opportunities for young people.

It comes alongside action from government to directly tackle the £1.4 billion schools spent in 2023/24 on agency staff. The government’s new agency supply deal - which schools will be expected to use - will cap the rates charged to schools and help them avoid excessive mark-up costs.

Schools will receive support through updated digital tools including to make it easier for them to check whether they are getting the best deals on their interest rates - earning money which could be further rein

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