(7 years, 2 months ago)
Commons ChamberI will pay tribute to Edward Timpson. He was a fantastic Minister and is much missed in the House.
We work extremely hard, as a Department and as a group of Ministers, to listen to the very different views of colleagues in trying to achieve a national formula that works for very different schools and communities across the country. We have taken a big step in launching the formula today, and I am grateful for the contributions of all Members.
One headteacher in my constituency told me, “The current funding situation means that sixth forms and colleges across the country will find it increasingly difficult to offer the range of subjects they used to and provide the number of teaching hours recommended to deliver courses over the two years.” A situation that leaves sixth forms unable to offer students what they need does not sound very fair because it is not fair. How is such an inadequate funding system in the interests of young people, employers or the economy?
The formula I set out today covers primary and secondary—up to 16. We are making sure that we continue funding post-16 colleges and A-levels, and the hon. Gentleman will be aware that we have gone beyond that. We announced an additional £500 million in the last Budget to help boost technical education, which will be of benefit not just to further education colleges, but to sixth forms and sixth-form colleges.
(14 years ago)
Commons Chamber3. How many child trust funds have been set up in respect of looked-after children since such funds were introduced.
Local authorities report to Her Majesty’s Revenue and Customs all children coming into their care, and if a child does not already have a child trust fund, one is opened for them. Between April 2005 and April 2009, HMRC opened child trust fund accounts for 16,676 children.
Does the Minister agree that improving the life chances of all looked-after children should be an absolute priority for the Government, and will she consider supporting the amendments tabled to the Savings Accounts and Health in Pregnancy Grant Bill that address the issue of child trust funds for looked-after children?
As the hon. Gentleman is aware, we are taking legislation through the House to get rid of the child trust funds. We think it is vital to support looked-after children, but the question is how best to do that while also tackling our fiscal deficit. We have come to the conclusion that what looked-after children need is support today, and that is what we will provide. Over the spending review period, £7 billion will go to supporting the most disadvantaged children in our country, including looked-after children. He will be aware that in the Department for Education, Eileen Munro is leading an inquiry into how social care can work better, including the support of looked-after children, and finally he will be aware that my hon. Friend the Financial Secretary will be considering proposals to bring forward a junior individual savings account, from which we will specifically ensure that looked-after children can benefit.