Business of the House

John Glen Excerpts

Thursday 13th June 2013 Commons Chamber

[Mr Lansley]

My hon. Friend makes a good point and in addition to the payday action plan that I referred to in response to an earlier question, it is important—as he says—that the Government have announced they will raise the credit union interest rate cap from 2% to 3%. That should reduce the losses made on loans, increase stability in the sector, and improve consumer access. The Government have also committed up to £38 million in additional investment in credit unions, which should increase access for at least 1 million more people. I hope that will do what my hon. Friend asks in promoting credit unions as an alternative.

[John Glen (Salisbury) (Con)]

The headmaster of Bishop Wordsworth’s school informs me that, by the end of the current spending review period, he will receive £150,000 a year less for sixth-form provision. May we have a statement from the Education Secretary on how he is enabling excellent schools such as Bishop’s to thrive as well as providing funding for pupils from disadvantaged backgrounds?

[Mr Lansley]

I know my hon. Friend has written to Department for Education Ministers—I will encourage them to respond more fully than I can now—but he knows that we have taken steps to protect funding in school budgets with a minimum funding guarantee. Announcements were made only last week, I believe, on further simplifying and protecting schools in the context of the complex structure of school funding we inherited from Labour. I hope we can go further in that regard after the spending review.