Tuesday 3rd September 2019

(4 years, 9 months ago)

Commons Chamber
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Gavin Williamson Portrait Gavin Williamson
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My right hon. Friend is absolutely right. It is a critical point and the reason we were so keen to secure such a significant increase in funding for the 16-to-19 sector. The FE sector provides us with many opportunities to look at how we can invest more, create more opportunities for young people and ensure that people understand that pursuing a vocational career is just as important as pursuing academic interests.

Layla Moran Portrait Layla Moran (Oxford West and Abingdon) (LD)
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The Institute for Fiscal Studies has described the Education Secretary‘s figure of £14 billion extra for schools as

“somewhere between meaningless and misleading.”

It calculates that the real-terms increase will be more like £4.3 billion by 2022-3. That is just enough to reverse the cuts that have been made since 2015, so eight years later schools will, in essence, receive nothing. Given the importance of numeracy to the national curriculum, does the Secretary of State regret not doing his sums properly?

Gavin Williamson Portrait Gavin Williamson
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I know that the hon. Lady has long campaigned in the f40 group for changes in school funding, and I thought that my statement might give her an opportunity to welcome the changes that we have implemented, which will benefit her constituents so much. We have been very clear about the amount of money that we are providing: a total of £18.9 billion for schools, of which £4.5 billion will cover pension costs, with the additional half a billion pounds going to 16-to-19 education. We will of course work closely with the Institute for Fiscal Studies in explaining our figures.