Lib Dem efforts secure extra money for Haringey schools

Lynne Featherstone MP and the Haringey Lib Dems have welcomed a revised funding formula for local schools.

The Hornsey and Wood Green MP reacted angrily and demanded a rethink last year, when Labour-run Haringey Council produced a funding formula which left a number of schools with less money, despite the council receiving £millions more funding from Government.

The local MP publicly criticised the Labour administration and asked the Department for Education to intervene. Under the new formula, all schools in the borough will receive a rise in funding next year.

Haringey Borough received an extra £13million to give to schools this year, thanks to the Pupil Premium policy introduced by the Liberal Democrats in Government. An additional £7.3 million will also be received following the Liberal Democrat MP’s successful campaign for fairer education funding.

The new funding formula is due to be approved at the Haringey Council cabinet meeting next week.

Haringey Lib Dem spokesperson for children, Cllr Katherine Reece, said:

“I am pleased to see that Liberal Democrat campaigns are having a real effect on the ground, and that Haringey’s children are to benefit from the success of these campaigns.

“After so many years of losing out, Haringey schools are close to having truly fair funding.”

Lynne Featherstone MP commented:

“The Lib Dems, both locally and nationally, have worked hard to secure over £20 million in extra funding for our schools – so it is quite right for every school in the borough to get a boost.

“I was absolutely livid last year when Labour-run Haringey Council put together a botched formula which projected a loss of money for some local schools.

“Thankfully, the revised formula, which is more in line with national standards, has produced a much better result.”