Oral Answers to Questions

Debate between Martin Horwood and Baroness Morgan of Cotes

Monday 19th January 2015 Commons Chamber

[Nicky Morgan]

The financial statements are both audited and published, and of course academies, as companies, are also subject to Companies House reporting, as well as to working with the Education Funding Agency. It is therefore clear that academies’ financial statements are already open for scrutiny, and the Department takes a close interest in the figures that are published.

[Martin Horwood (Cheltenham) (LD)]

Many happy returns of the day, Mr Speaker.

Pate’s and Balcarras schools in my constituency are exceptionally well managed financially and are among the most outstanding schools academically in the country, but both of them tell me that they will struggle with projected sixth-form funding in particular. Will the Secretary of State have good news for them and me and other hon. Members by the time she meets us later on today?

[Nicky Morgan]

As the hon. Gentleman may know, the Government can work quite quickly. However, I am not sure they will work that quickly this afternoon, although I take careful note of what he has said. He is not alone among Members of Parliament in raising that issue.