Oral Answers to Questions

Karen Lumley Excerpts

Wednesday 26th October 2011 Commons Chamber

[The Prime Minister]

I very much agree with what the hon. Gentleman says and I am pleased to note that the Deputy Prime Minister hosted Sheffield university at No. 10 Downing street to celebrate its success. I think we are seeing some positive signs of rebalancing in our economy. Recently I was at the big investment that BP is making in the North sea, as well as at the opening of the new Airbus factory in Broughton in Wales. If one looks across our auto industry, whether it is Nissan, Toyota or Jaguar Land Rover, one sees that all those companies are expanding and bringing more of their production and supply chains onshore. There is a huge amount more to do, but we have to accept that we start from a low base as, sadly, manufacturing production has declined so much in the past decade.

[Karen Lumley (Redditch) (Con)]

Q6. Will the Prime Minister join me in welcoming the nearly £1 million that has been received in Redditch for the pupil premium? Will he persuade the Secretary of State for Education to push for a national funding formula as soon as possible?

[The Prime Minister]

Discussions about a national funding formula are ongoing. It is a difficult issue to resolve because of the historical patterns of differences of funding around the country. I think the pupil premium is a major step forward; it will be up to £2.6 billion by the end of this Parliament. The Institute for Fiscal Studies report says that we have made spending on education much more progressive by the action we have taken. We have taken difficult decisions but at the heart of that was a decision to protect the schools budget and per-pupil funding and, on top of that, to add the pupil premium to make sure that we are looking after the less well-off in our country.