00:00Schools in England are set to receive around £500 million towards teachers' pay this school year.
00:07The extra funding is expected to fully cover the 3.5% pay award from September,
00:14after schools had been expected to find some of the cost themselves.
00:18The National Education Union says the move is a significant step in negotiations,
00:23with a formal strike ballot due to begin next month.
00:26The union's executive will now consider whether to call that ballot off in light of the funding announcement.
00:33The government says schools can now meet the cost of the award.
00:37School leaders' unions have welcomed the extra funding while questioning wider budget pressures.
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