(9 years, 9 months ago)
Commons Chamber3. What recent representations she has received on the financial management of academies; and if she will make a statement.
The financial accountability system for academies is more rigorous than for maintained schools, and my Department has recently received audited financial statements from academy trusts for the period to 31 August 2014. Within financial statements, trusts must set out how they have managed their finances throughout the year. Financial statements are subject to independent scrutiny by auditors. My staff are reviewing financial statements to determine whether there are any issues that we need to investigate.
Happy birthday, Mr Speaker. I hope you have many in the Chair.
I thank the Secretary of State for her answer, but will she commit to including financial information in the performance data relating to academies—a commitment that her predecessor failed to honour—so that we can make accurate comparisons with all schools?
The financial statements are both audited and published, and of course academies, as companies, are also subject to Companies House reporting, as well as to working with the Education Funding Agency. It is therefore clear that academies’ financial statements are already open for scrutiny, and the Department takes a close interest in the figures that are published.
(10 years, 3 months ago)
Commons ChamberT7. The Government’s flagship education policy—free schools— looks like it is fast becoming their greatest liability. When will the Department set out how it will encourage applications from areas with forecasts of high or severe need for additional school places, working with local authorities where appropriate? Will the Secretary of State give a commitment today to a timetable for that to happen, or is she content with business as usual?
I thank the hon. Gentleman very much for his question, but the plain fact is that two thirds of free schools have so far been judged good or outstanding. The tremendous policy of free schools is supported by parents, and we will continue with them.
(10 years, 10 months ago)
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The hon. Gentleman’s pub sounds as though it was a very interesting place, and I am very happy to listen to representations on the figures.
The hon. Gentleman asked about the impact of Budget 2013 on pubs. The British Beer and Pub Association survey showed that, following a reduction in beer duty, 76% of the pubs would increase investment and 61% would employ more staff. That is why this reduction was targeted particularly at pubs. That is not to say that I have not listened to the hon. Gentleman’s arguments.
Given the Government’s commitment to ensuring sustainable public finances, it was not possible to end the escalator on all alcoholic products, so they made a targeted reduction in beer duty. The hon. Gentleman asked whether the Government had failed to consider other alcohol duties. I was not in the Treasury at that point, but I do not think that that was so. However, the decision to reduce the duty on beer was taken in 2013.
I have heard the views of hon. Members and I assure them that I will consider these as part of the Budget process.
I congratulate my hon. Friend the Member for Central Ayrshire (Mr Donohoe) on securing this debate. The Minister may not be aware that there is a considerable number of whisky producers in my constituency, including the North British Distillery in West Calder, Glenmorangie and Glen Turner in Livingston, and Ian MacLeod Distillers in Broxburn. This last wrote to me recently to express concern about the fact that, in the past five years, while we have seen a 44% increase in taxation on whisky, there has been a 12% reduction in UK sales.