School Funding

Martin Horwood Excerpts

Thursday 13th March 2014 Commons Chamber

[Mr Laws]

I of course—it is quite possible to do this—have a list of the 62 authorities impacted. If the hon. Member for West Ham (Lyn Brown) wants one, she can go and get a copy. Medway’s current funding is £4,352, which will increase to £4,402 under the proposal.

[Martin Horwood (Cheltenham) (LD)]

May I tell my right hon. Friend that this announcement will be warmly welcomed in Cheltenham and across Gloucestershire—including in schools such as Balcarras, whose sixth-form funding has been particularly badly hit by the inclusion of the historical element in the funding formula—but when will we hear further announcements about progress towards a fully fair funding formula, and will that happen within the next 12 months?

[Mr Laws]

We will now have the consultation on the measures announced today. We will listen to the feedback we get from parents, teachers and others, and we will then make a final decision about the settlement for 2015-16. Given the importance of stability, we do not think it right to fix plans for years beyond 2015-16 until we know the education budgets for those years. It is for the country to decide at the next election whether it wants to return parties that are committed to ongoing funding reform.