The core schools budget will increase by £2.3 billion next year to “support” the government’s pledge to hire thousands more teachers.

The chancellor Rachel Reeves also announced during her budget speech today that she was providing a £1 billion uplift in funding to support work to reform the system for pupils with special educational needs.

But it is not yet clear whether schools will also receive additional financial help to cover increasing employers’ national insurance contributions, which are increasing by 1.2 percentage points.

In her budget address, Reeves said: “I am increasing the core schools budget by £2.3 billion next year to support our pledge to hire thousands more teachers into key subjects.”

She added that the government “is committed to reforming special educational needs provision.

“To improve outcomes for our most vulnerable children and to ensure that the system is financially sustainable. To support that work, I am today providing a £1 billion uplift in funding. A 6 per cent real-terms increase from this year.”

This is a breaking news story that will be updated.