Schools: National Funding Formula

William Wragg Excerpts

Thursday 14th September 2017 Commons Chamber

[Justine Greening]

The Institute for Fiscal Studies has been clear that our £1.3 billion additional investment will lead to the per pupil core schools budget being protected in real terms, which is good news. As for the schools the hon. Lady mentions specifically, we will ensure that all Members get the breakdown of the notional allocations. I expect some local authorities to choose simply to reflect the national funding formula at a local level, but that will be a matter for them. I am sure that Members from across the House will want to have those discussions at a local level.

[Mr William Wragg (Hazel Grove) (Con)]

I warmly welcome my right hon. Friend’s statement and look forward to additional financial resources for Stockport’s schools. Much of the previous concern about school funding centred on the proportion of the basic amount per pupil, so will she comment further on that aspect of the new national funding formula?

[Justine Greening]

The basic amount will be going up and the proportion is broadly stable, but the bottom line is that the £1.3 billion extra in the core schools budget is principally going through that per-pupil amount, which is why it has been raised overall, and why I have chosen to protect the amount for additional needs.