Bambos Charalambous
Main Page: Bambos Charalambous (Labour - Southgate and Wood Green)Department Debates - View all Bambos Charalambous's debates with the Department for Education
Education: Public Funding
Bambos Charalambous Excerpts(7 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Nick Gibb
When we consulted on the national fair funding formula, we said that we would limit gains to 3% in order to ensure that any schools that were losing funding did not lose more than 1.5% per pupil per year, so I cannot give my hon. Friend that reassurance, but we will respond to the consultation shortly.
Bambos Charalambous (Enfield, Southgate) (Lab)
Is the Minister aware of the impact that increased national insurance contributions and pension contributions are having on schools in Enfield, Southgate, resulting in cuts in the classroom and impacts on learning and on assisting children with behavioural issues?
Nick Gibb
As I have said, we are spending record amounts of money on school funding, but there are cost pressures. One of those cost pressures, which the hon. Gentleman has identified, is the increased employer contribution to the teachers’ pension scheme. That is part of a range of measures that are helping to tackle our historic budget deficit, which we have reduced from 9.9% of national income to 2.5% of national income, and which we have to eliminate if we are to keep the economy strong. We are determined to continue with that.