(7 years, 4 months ago)
Commons ChamberMy right hon. Friend will no doubt welcome the fact that today’s announcement means that there will be an increase in funding through core pupil-led factors. I felt it was also right to protect the amount that was already going to children with additional needs, because we want them to catch up. On the overall amount, I assure my right hon. Friend that the formula takes into account the different cost bases in different parts of the country. Today’s announcement means not only that schools will get more funding, but that they will catch up faster because of the 3% increase for two years, which replaces the previous proposal of 3% and then 2.5%.
It is very unclear whether the Secretary of State has dealt with the underlying problems with the funding formula. Nine schools in some of the most deprived parts of Leicester West would have lost out because the Government’s initial proposals drastically reduced the amount of money allocated according to deprivation.
The Secretary of State shakes her head, but that is what happened in my constituency. Has the underlying basis of the funding formula been changed, or are schools in the most deprived areas still going to get a bigger cut, harming not helping social mobility?
We will set out the detail of the national funding formula in September, but it is not true that the deprivation amounts were cut. In fact, as I have said, I actively made sure that they were protected. The hon. Lady will no doubt welcome the fact that, as I said to the right hon. Member for Normanton, Pontefract and Castleford (Yvette Cooper), the schools in her community that were already well funded are being protected more than they would have been had her party won the election.