Schools: National Funding Formula Debate

Full Debate: Read Full Debate
Department: Department for Education

Schools: National Funding Formula

Kevin Foster Excerpts
Thursday 14th September 2017

(6 years, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Justine Greening Portrait Justine Greening
- Hansard - - - Excerpts

I welcome the hon. Gentleman’s welcome for the introduction of the funding formula. He is right to say that identifying deprivation is more complex than just looking at free school meals. That is why this formula includes the additional element of an index that looks at child deprivation in particular: the IDACI—income deprivation affecting children index. That index is already used by many local authorities, and it is an aspect of how we are assessing the deprivation factors that are built into this formula. I hope he will welcome that.

Kevin Foster Portrait Kevin Foster (Torbay) (Con)
- Hansard - -

Let me congratulate the Secretary of State on her statement and say how much it will be welcomed in Torbay, where schools have been underfunded for some years. When the last set of figures was published, I found that a number of people felt that the formula would not be of benefit because of some things that they had been told by unofficial groups. What efforts will be made to ensure that schools, particularly in places such as Torbay, hear about the real impact of this new formula?

Justine Greening Portrait Justine Greening
- Hansard - - - Excerpts

We will be writing to every MP in this House with details about their local schools. I hope that they will be able to share those with local headteachers, and of course the local authority will consult on how then to spread that funding. It is vital that schools, and indeed parents, have the facts and are not given misleading information. It is important that we recognise that more funding—record funding—is now going into our schools system and that we focus equally on the standards we are getting in relation to that investment.