6. Will the Minister make a statement on the overall budget allocation to the education portfolio? OAQ(5)0065(FLG)

As set out in the draft budget published last month, the budget allocation for the education main expenditure group next year is £1.99 billion.

Cabinet Secretary, a big part of the job of Government is to decide on priorities, and for me there is no higher priority than education. I believe a well-educated population benefits all aspects of life and life chances in communities. In addition to that, the recent report by Gerry Holtham and Brian Morgan looked at economic development policy across the world and found the strongest correlation between spending on schools and economic success. So, I very much welcome the recent new allocation, but I wonder if, going forward, together with the First Minister and your cabinet colleagues, you will continue to consider very carefully whether additional resources can be made available to our schools in Wales.

I thank John Griffiths for that. He makes a point that others have made this afternoon: that investment in human capital is one of the most powerful ways in which we can continue to sustain our economy and our economic prosperity into the future. Figures published last week by the Treasury showed that expenditure on education in Wales continues to be 4 per cent higher than in England. The draft budget that I published has, by itself, more than £90 million extra to the baseline to be able to make the pupil deprivation grant a permanent part of our funding in Wales; £20 million above that to raise school standards; and £0.5 billion going primarily to the twenty-first century schools programme, of which £28 million is there for Newport. I hope the Member will be assured from that that, even when tough priorities have to be set, the requirement to go on investing in education is one that is much in our minds.