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Mr. Gray: That was a PFI.

Ms Morris: The hon. Gentleman must realise that PFI credits have a cost for the Government--somebody has to provide the money to pay for the service. I have lot of time for the private sector and I welcome its involvement in education, but I would be surprised if it paid to build schools without expecting any revenue in return.

26 Mar 2001 : Column 796

I know that education is close to the hearts of all hon. Members and that funding is one of the factors that makes for good schools and effective teaching. I am proud of the Government's record on increasing funding, which I know is recognised by schools. Of course, there is a long way to go and the hon. Gentleman is right to point out that more must be done with the SSA formula. I have sought to assure him that more is being done and that announcements will be made in due course. It is a cheek, however, for any Conservative Member to suggest that funding is worse than it ever was during the 18 years of Conservative Government. I find that teachers and head teachers always want more, but almost all of them recognise the improvement in finance; and I recognise the improvement in standards that has been made under four years of a Labour Government.

Question put and agreed to.

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