§ Mr. Timms
We intend to introduce a new grant to contribute towards performance points for leadership group members, post threshold teachers and high performers on the main scale. We believe their skills, expertise, commitment and leadership are crucial to the success of the teaching profession. We propose to make available £100 million in financial year 2002–03 and £150 million in 2003–04, in addition to existing threshold funding.
We will be consulting shortly on the details of the new grant to support the cost of performance points. Details of the consultation will be posted on the DfES website to enable schools to comment on the proposals.