Just four schools have been rebuilt under a government programme which Rishi Sunak said would cover 50 a year.
The figures were confirmed to Sky News as the prime minister continued to face questions over funding for England’s crumbing schools, while the education secretary is being mocked over a graphic that sought to allay fears over the crisis which has led to huge disruption at the start of the new term.
Labour was quick to post a spoof saying “most beachgoers not eaten by big shark”, in reference to the stance of the mayor in the movie Jaws.
The unsafe concrete has forced the full or partial closure of over 100 schools in England this week due to fears it could collapse.
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The government is coming under pressure over its handling of the issue with critics blaming historic underinvestment into school infrastructure.
Sky News has learnt that a “massive” school rebuilding programme launched in 2020 to rebuild 500 schools within a decade has taken off to a slow start.
The plan was for schools to be rebuilt and refurbished at a pace of around 50 a year, but the Department for Education confirmed that just four schools have been completed since the first round of applications was launched in 2021.
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Officials insist the programme is on track, and that they are still confident of “ramping up” to an average of 50 per year.
A report by the National Audit Office, which scrutinises government spending, in June warned that there were concerns about the schools programme.
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What is the concrete crisis?
They said by March of this year the department had awarded just 24 contracts against a forecast of 83, due to “instability in the construction sector and inflationary risks”.
But a Downing Street spokesperson said while just four had been solely rebuilt, refurbishments were underway in many other schools.
And a spokesperson for the DfE said: “We have committed to rebuilding 500 schools under the Schools Rebuilding programme between 2020 and 2030 and are on track to deliver that commitment.
“Awarding contracts and establishing projects takes time but we have made rapid progress and are exceeding delivery timescales compared to the previous Priority School Building Programme, while delivering schools that will be net zero in operation. The Infrastructure and Project Authority has also highlighted the strength of the SRP’s progress.”
Sunak ‘gave less funding than requested’ for crumbling schools
Image: Damage inside Parks Primary School in Leicester which has been affected by reinforced autoclaved aerated concrete (RAAC)
It came as schools minister Nick Gibb admitted that his department had bid for 200 schools a year to be rebuilt, in a case made to the Treasury two years ago.
But Mr Sunak, who was chancellor at the time, approved just 50 – despite the senior civil servant in the department, Jonathan Slater, warning of a “critical risk to life”.
Mr Gibb sought to defend the prime minister, telling Sky News it was “simply not true” to say he oversaw budget cuts and that 50 a year was in line with previous austerity years.
He said: “We put in a bid for 200, but what Rishi agreed to was to continue the rebuilding programme with 50 a year, consistent with what we’d been doing since we came into office.
“We put in a bid for 200, but of course, the Treasury then has to compare that with all the other priorities from right across Whitehall, from the health service, defence, and so on.”
He told Sky News: “You’ve got the schools minister to admit that they asked for more investment to fix schools and Rishi Sunak’s cut it back, so the buck stops with him. Schools have had to close and roofs are being held up with steel girders.”
He said one of the first things he did as chancellor was to announce the rebuilding programme, under which he said “about 50 schools a year… will be refurbished or rebuilt”.
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Education Sec watches the moment she was caught on camera swearing
However, criticism of the government’s strategy has continued after Ms Keegan was caught on camera bemoaning a lack of thanks for doing a “f***ing good job” and claiming others had “been sat on their arses”.
She apologised and went on to admit to being on holiday in Spain in the run-up to ordering more than 100 schools and colleges in England to make complete or partial closures.
Ministers have said that hundreds more schools may be impacted by RAAC – which was widely used in buildings from the 1950s to the mid-1990s.
There have been warnings about the material for many years, but the government said “new evidence” emerged over the summer about the dangers it poses – prompting them to order schools to close areas where it is present.
The lower house of Poland’s parliament failed to secure the required three-fifths majority to override President Karol Nawrocki’s veto of the Crypto-Asset Market Act, pushing the country further away from regulating its digital-asset sector at a moment when lawmakers argue that oversight is increasingly urgent.
As Bloomberg reported Friday, the legislation — advanced by Prime Minister Donald Tusk’s government — was intended to align Poland with the European Union’s MiCA framework for crypto markets. The bill was introduced in June but did not survive the president’s veto.
Nawrocki blocked the measure last week, arguing it would “threaten the freedoms of Poles, their property, and the stability of the state,” as Cointelegraph previously reported.
With the president’s veto upheld, the bill will not move forward, forcing the government to restart its crypto lawmaking process.
The proposal has sharply divided lawmakers and the crypto industry. Supporters framed the bill as a national security priority, saying that comprehensive rules are necessary to curb fraud and prevent potential misuse of crypto assets by foreign actors, including Russia, according to Bloomberg.
However, several crypto-industry groups opposed the legislation, warning that its requirements were overly burdensome and could drive startups out of the country.
Critics pointed to stringent licensing rules, high compliance costs and criminal-liability provisions for service-provider executives, arguing that the bill risked stifling innovation and creating an uncompetitive business environment.
Crypto adoption in Poland ramps up amid regulatory pause
Cryptocurrency use in Poland continues to accelerate even as the country stalls on comprehensive regulation. Chainalysis recently identified Poland as one of Europe’s “large crypto economies,” noting that the country’s onchain activity has expanded significantly over the past year.
According to the company’s 2025 Europe Crypto Adoption report, Poland recorded more than 50% year-over-year growth in overall transaction volume.
Poland ranked eighth in Europe in terms of total cryptocurrency value received between July 2024 and June 2025. Source: Chainalysis
Polish investors are also increasing their exposure to Bitcoin (BTC), reflected in a surge in Bitcoin ATM installations in recent years. In January, Cointelegraph reported that Poland had become the world’s fifth-largest Bitcoin ATM hub, surpassing even El Salvador — a country that has made Bitcoin a central element of its monetary and financial system.
US attorneys representing the federal government have requested that a judge send Terraform Labs co-founder Do Kwon to prison for 12 years at his sentencing hearing next week.
In a Thursday filing in the US District Court for the Southern District of New York, prosecutors asked that a judge sentence Kwon “to a term of twelve years’ imprisonment and finalize the forfeiture of his criminal proceeds.”
The filing came about four months after the Terraform co-founder pleaded guilty to two counts of wire fraud and conspiracy to defraud.
“In just a few years, Kwon caused losses that eclipsed those caused by Samuel Bankman-Fried […] Alexander Mashinsky […] and Karl Sebastian Greenwood [….] combined [emphasis included in filing],” said the Thursday filing. “The Terraform market crash triggered a cascade of crises that swept through cryptocurrency markets and contributed to what has since become known as ‘Crypto Winter.’”
Kwon, who is scheduled to be sentenced on Thursday, was indicted by US authorities in March 2023 for charges including securities fraud, market manipulation, money laundering and wire fraud related to his role at Terraform.
Though his whereabouts were initially unknown after the collapse of Terra in 2022, authorities in Montenegro arrested him on charges unrelated to his role at the company, and he was later extradited to the US.
The price of Terra’s native token, LUNA, surged by more than 40% in the previous 24 hours amid the release of the sentencing recommendation, from about $0.07 to $0.10 at the time of publication. However, the token reached an all-time high price of more than $19.00 before the ecosystem collapsed in May 2022.
Kwon says he could still face prison time in South Korea
In a November court filing, lawyers representing Kwon asked that the Terraform co-founder be given a sentence of no more than five years. His attorneys presented several arguments in favor of a shorter sentence, including that the co-founder could face 40 years in prison in his native South Korea, where prosecutors are also working on a case against him.
“He would not be able to walk out of jail in the United States as a free man for any amount of time: He will be taken from whatever facility in which he serves his sentence directly to an immigration detention center to await a deportation flight to Seoul, where he will immediately reenter pretrial detention pending his criminal charges in South Korea,” said Kwon’s lawyers.
Although Kwon’s and prosecutors’ respective recommendations will remain under consideration, the judge overseeing the sentencing hearing has the authority to sentence the Terraform co-founder to decades in prison, or a significantly shorter time. In contrast, former FTX CEO Sam Bankman-Fried is serving a 25-year sentence after his conviction on seven felony charges, former Celsius CEO Alex Mashinsky was sentenced to 12 years in prison, and a judge sent Karl Sebastian Greenwood to prison for 20 years for his role in the OneCoin scheme.
Deputy Prime Minister David Lammy has suggested it could be beneficial for the UK to consider re-entering a customs union with the EU.
He said that although doing so was not the government’s current policy, he could see how other countries outside the EU had benefited from such arrangements.
“It’s self-evident that leaving the European Union badly damaged our economy, took us out of an important marketplace and created serious friction, that untruths were being peddled by those that thought exiting the EU would be a good thing,” Mr Lammy told the News Agents podcast.
“And it’s why every single day that I was foreign secretary, I returned to the subject of our relationship with the European Union.”
Asked repeatedly if he would like to see the UK in a customs union, he said: “That is not currently our policy. That’s not currently where we are.
“But you can see countries like Turkey with a customs union seemingly benefiting and seeing growth in their economy, and again, that’s self-evident.”
Image: David Lammy meets with Turkish Foreign Minister Hakan Fidan in Ankara earlier this year, when he was foreign secretary. Pic: Turkish Foreign Ministry/Reuters
The Prime Minister’s economic adviser Minouche Shafik has also reportedly advocated behind the scenes for joining a customs union.
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Mr Lammy’s comments were being taken as the clearest indication yet that the government is considering bringing the UK further back in line with the European Union.
But when Sir Keir Starmer was asked to respond and say why he was not advocating for membership given that growth is an ongoing priority for his government, he was quick to dampen down the speculation.
The prime minister said Labour would be sticking to its manifesto, which pledged to deepen ties with the EU without returning to the customs union, single market or freedom of movement.
“Well, the position that we are taking has been clearly set out in the manifesto, and then we’ve been following it,” Sir Keir said. “And earlier this year, we had the first UK-EU summit ever, and we had 10 strands for a closer relationship.
“So we’ve totally reset relations with the EU.
“That’s good for our economy, good for defence and security, good for the work that we need to do on energy.
Earlier a spokesperson for Number 10 said: “We are strengthening relations with the EU whilst sticking to our red lines.”
“The prime minister reiterated that on Monday evening at the Lady Mayor’s Banquet.”
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