Mohammad Yasin
Main Page: Mohammad Yasin (Labour - Bedford)Department Debates - View all Mohammad Yasin's debates with the HM Treasury
(3 years, 2 months ago)
Commons ChamberMy hon. Friend is absolutely right. Since the scheme has been up and running—as he says, it has been a matter of only a few weeks—we have seen the provision of 95% mortgages expand from just five to 192. This is a significant change, and I am grateful to the industry for the moves that it has made, with Government support.
We are providing a further £1.4 billion over the next three academic years for education recovery. This is on top of the £1.7 billion provided for academic year 2020-21.
It has been widely reported that it was the Chancellor who refused by a 90% margin to find the funding recommended by Sir Kevan Collins to help our nation’s children to catch up on their education after the pandemic. The Chancellor has benefited from a first-class private education, so will he take this opportunity to apologise to the generation of children he is letting down as the Tories refuse to invest in our children’s and our country’s future?
There was a striking omission from that question. There was no reference at all to the additional £2.2 billion of core school funding, over and above which there is the £1.4 billion announced by my right hon. Friend the Chancellor. Of course, the House would expect proposals to be evidence-led, deliverable and provide value for money, and we will work with Department for Education colleagues on that, but there was no mention in the hon. Gentleman’s question of the additional £2.2 billion of core school spending uplift this year.