Education: Public Funding

James Duddridge Excerpts

Tuesday 4th July 2017 Commons Chamber

[Nick Gibb]

The new national funding formula comes in in 2018-19. As I said in my opening comments, no school will see a cut in funding as a consequence of moving to the national funding formula. What the hon. Gentleman is alluding to is the cost pressures on schools that occurred between 2016 and 2017 and that will occur over the next four years. We have already incurred about 3% of those cost pressures, and we will incur between 1.5% and 1.6% of them over the next three years—those are figures from Institute for Fiscal Studies. We are helping schools to tackle those cost pressures, but there would not be those pressures if we did not have to deal with the historic budget deficit we inherited in 2010. Those cost pressures are being borne right across the public sector, but because we are prudent with our public finances, we have record employment numbers and record opportunities for young people when they leave our school system.

[James Duddridge (Rochford and Southend East) (Con)]

The Minister is rapidly becoming my favourite Minister. At the beginning of the consultation period, every school in Southend was going to lose out, but he listened, and that is no longer the case—there is more funding overall. However, will he look specifically at bulge funding where there is a need in the medium term but not the long term to provide extra places?

[Nick Gibb]

I am grateful to my hon. Friend for his kind comments. I hope the same response will come from Opposition Members. [Interruption.] Perhaps in due course. He is right that we have to deal with growth in pupil numbers, and there are provisions in the new funding formula for growth, but we will take his views into account when we respond to the national funding formula.