(10 years, 8 months ago)
Commons ChamberCertainly. We are announcing significant amounts of money today. Hon. Members on both sides of the House need to reflect on the consequence for many millions of young people over a long period of the fact that their schools were not funded fairly in many parts of the country.
I thank my right hon. Friend for the announcement about basic needs capital earlier this year, including the £35 million to enable Sutton to provide extra secondary school places. In his statement, he mentioned Sutton as one of the potential beneficiaries of the changes. Sutton has been short-changed in funding for education for at least 30 years, if not 40 years. Will he give us some indication of the good news that pupils, teachers and schools in Sutton can now expect in securing extra resources for teaching?
I am grateful to my right hon. Friend for welcoming this announcement. In the paper on which we will consult, Sutton is among the top five authorities that we consider to be under-funded and is therefore among the top five beneficiaries. He will know that the funding rate in Sutton is £4,360 at present; under the proposal we are consulting on, it will rise to £4,637, which is an increase of 6.4%.