James Cleverly welcomes extra £1.3bn for schools and asks Education Secretary to confirm no school will lose out as a result of the new funding formula.
James Cleverly (Braintree) (Con)
I welcome the Government’s delivery on our manifesto commitment to ensure that no school loses out under the national funding formula—it is nice to see that at least one party takes its educational commitments at election time seriously. For clarity, can the Secretary of State confirm to the parents and teachers who were concerned about some of the scare stories that were kicking around in March this year that no school will lose out as a result of the changes in the funding formula?
I believe that I can, in the sense that we are going beyond saying that no schools will lose out as a result of the formula, and are saying that every school will gain at least 0.5% additional as part of the introduction of the school formula. It is important for me to be clear that the way we are introducing it is through working with local authorities. They therefore will put their own formula—the final allocation—to schools, but we will be very clear that what we are giving them means that no school need lose out, and in fact, further than that, every school should be able to gain.