Spring Statement

Part of the debate – in the House of Commons at 1:17 pm on 13th March 2019.

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Photo of Philip Hammond Philip Hammond The Chancellor of the Exchequer 1:17 pm, 13th March 2019

The hon. Lady has a legitimate point. The funding as between schools and authorities is very unevenly distributed. That is why, when we put an extra £1.3 billion into the school system in 2017, we committed to a fair funding formula that would redistribute over time. That is happening. I understand that schools that are underfunded relative to the mean would like it to happen more quickly, but that has to be the answer. We have to move towards a fair distribution of funding between schools.