Hundreds of the UK's most dilapidated and rundown schools are set for major renovation work, after the successful applicants of the Priority School Building Programme (PSBP) were unveiled.

Education minister Michael Gove stated that 261 schools would benefit from the £2 billion government private finance initiative (PFI) which will see buildings across the country undergo major renovation work improving standards from pupils and teachers alike. Mr Gove announced the full list of schools that were successful from the 587 that applied in October 2011, and also highlighted 42 schools that were in the worst condition.

Work on these facilities is due to begin immediately, with £400 million earmarked for the renovations. However, this specific funding will not come from PFI and will instead be provided for by capital grants.

Coventry has been the big winner in this latest announcement, as six out of the seven schools that were awarded the PSBP funding will benefit from the capital grants. Nottinghamshire also featured prominently in the list, with over 20 schools in the region set to see major refurbishments. Other big winners were the likes of Derby, Birmingham, Cumbria and Devon, which all had a number of applicants receive the PSBP funding with work set to begin in the near future.

In a written statement, Mr Gove said: "Officials have today written to all schools who applied for the programme to confirm whether their application has been successful. Work will begin immediately and the first schools will be open in 2014.

"I recognise that many of the schools that applied to the PSBP and have been unsuccessful will also have significant condition needs. Some of those will have their needs addressed through the other funding we have made available for maintenance."

Following the October deadline, it was expected that a decision was going to be made in December 2011, but following the high number of applicants and the final announcement is set to regenerate some schools that have been left untreated for a number of years.

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