Schools Update

Bambos Charalambous Excerpts

Monday 17th July 2017 Commons Chamber

[Justine Greening]

Once we have done our analysis over the summer, we will make the per-school spreadsheets available. I hope that people will look at them, because they will contain the actual reality of school funding, rather than some of the falsehoods that are being peddled.

[Bambos Charalambous (Enfield, Southgate) (Lab)]

Does the Secretary of State accept that, with schools having to pay £575 million in employer contributions to the teachers’ pension scheme and £625 million in national insurance contributions, and with inflation at 2.9%, the £1.3 billion that has been announced will barely cover those costs?

[Justine Greening]

I do not agree. What is important is that we are able to maintain the rates of per-pupil funding in our schools. That is what I have set out today, and we can only do it because we have a strong economy that is creating jobs, growth and taxes that fund our vital public services. We must not fall into the trap of thinking that, every time we want to increase our public spending, we have to reach into the public’s pocket and raise taxes. That is simply not sustainable. Neither is it sustainable to have increasing debt when our debt interest is still more than the amounts we are investing every year in our schools and high-needs funding. It is vital that we have a long-term strategy to deal with that debt, and I believe that we can make our departmental budget work more effectively and, in doing so, get more money to the frontline of schools. That has to be the first port of call for anyone in my role, rather than simply resorting to higher taxes or more debt.