School Funding Formula Debate

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Department: Department for Education

School Funding Formula

Jim Cunningham Excerpts
Tuesday 10th March 2015

(9 years, 2 months ago)

Commons Chamber
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Nic Dakin Portrait Nic Dakin
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It is indeed. We should focus on giving young people equal opportunities wherever they are.

Jim Cunningham Portrait Mr Jim Cunningham (Coventry South) (Lab)
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As my hon. Friend knows, debates about the school funding formula have been continuing for many years. I remember them taking place about 25 years ago. What is more important is that a quarter of the further education budget is to be cut at Coventry City college.

Nic Dakin Portrait Nic Dakin
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My hon. Friend has made a good point, which illustrates the complexity of the issue and the challenges that it poses. For example, sixth-form colleges currently receive no VAT relief, whereas other institutions do. One political party is going into the next election promising to create 500 new institutions. We have to ask ourselves whether that is good value for money when there is pressure on the basic budgets for young people who are in our existing institutions. It is a simple observation, and with that simple observation I shall end my speech.

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Kevin Brennan Portrait Kevin Brennan
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As confirmed in a House of Commons Library note, the hon. Gentleman is correct to say that education funding has fallen by the greatest amount in real terms under this Government, and that secondary funding has borne the greatest burden of that, with it facing a 7.6% cut in real terms during the course of this Parliament. However, people have forgotten that the last Government started this process with a pledge to have a national funding formula, which the coalition Government promised would be delivered during the course of this Parliament, but they have been unable to fulfil that promise because it is not easy.

Jim Cunningham Portrait Mr Jim Cunningham
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It is a little rich for the Government parties to raise this issue when they have had five years to sort it out. One would think they were not in government. But there is a more important point here. [Interruption.]

Lindsay Hoyle Portrait Mr Deputy Speaker (Mr Lindsay Hoyle)
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Order. In fairness, I have tried to make sure that every Member had a chance to speak. At least respect those who intervene and answer from the Front Bench.

Jim Cunningham Portrait Mr Cunningham
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It is a little rich Government Members talking about young people when they are cutting further education budgets, as they have at City college in Coventry by 24%. What does my hon. Friend think about that?

Kevin Brennan Portrait Kevin Brennan
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In fairness to the Government parties, they have acknowledged that there was record investment in education under the last Labour Government. It is a fact that we have suffered—check the House of Commons note—a real-terms cut during the course of this Parliament. Under the plans outlined, certainly by the Conservative party, there will be real problems with school funding in the next Parliament.