Graham Stuart
Main Page: Graham Stuart (Conservative - Beverley and Holderness)Department Debates - View all Graham Stuart's debates with the Department for Education
(9 years, 7 months ago)
Commons ChamberI think I can reassure my hon. Friend on behalf of both coalition parties that we are committed to the delivery of a fair and transparent national funding formula in the next Parliament. We have already made the first big step and I agree with him that it is vital that we deliver a full solution to this long-standing injustice, which Labour failed to tackle in its long years in office.
21. My hon. Friend the Member for Worcester (Mr Walker) is right that we need a fairer funding formula for our schools and as part of that we need capital funding to be allocated over three years rather than one. Does the Minister agree that the long campaign for the consolidation of St Nicholas primary school in Beverley will be more likely to be realised if such a change can be effected?
I agree with my hon. Friend that long-term capital funding is highly desirable and he will know that we have already moved to multi-year allocations of basic need funding. My right hon. Friend the Secretary of State and I are now looking very carefully at the argument for moving to longer term allocations of other parts of the capital budget.