Schools are being promised an extra £1.3bn per year alongside a shake-up of how funding is allocated to individual schools.
Education Secretary Justine Greening has promised a higher minimum per pupil funding under a revised National Funding Formula.
Extra funding will come from savings from existing budgets - such as from spending on free schools.
Individual schools will receive funding details in their autumn.
Labour's Angela Rayner says this "raised more questions than answers" and said "there wasn't a penny of new money".…