Gideon Amos

The pupil premium was new money, and it went into the state school sector. It was £1.25 billion in the first year, and it is worth £3 billion now. It was in the Liberal Democrat manifesto and was delivered as part of our priority for state schools—but I do not believe in state schools just because of party policy. All four of my children attended great state schools in my constituency: Parkfield Primary School, Bishop Fox’s School, and the fantastic Richard Huish College. The idea that the only way to improve state schools is to level down independent schools shows a shocking lack of imagination and a very disappointing approach to education, and education should not be taxed. The Minister said earlier that those of us who were going for a different approach should be willing to make clear where we would raise the money, and he was right to make that point. The Liberal Democrats have made the same point, and they have made tough decisions in the past. In our manifesto was a very clear Budget spending plan to restore the tax on the big banks’ profits. It was slashed and then taken away in 2018, but simply restoring that single tax would raise £4.2 billion for the economy. I urge the Minister to adopt the principle that if the broadest shoulders should bear the biggest burden, that should apply in the business sector as much as anywhere else. The big companies, the big banks, the giant online retailers, should be bearing the burden of this Budget, not the small high street firms like Mr Miles in Taunton High Street and the other businesses we have heard about, so I urge the Minister to think further about this.