Education and Inspections Bill

I can give my hon. Friend the commitment that there will be no financial inducement for schools to become trusts schools. They will not benefit from any additional capital or from any additional revenue funding. They will be funded by the local authority under the local authority distribution formula, which is then agreed locally by heads. That is the way in which the system will operate because trust schools are local authority schools and operate within the local authority framework. My hon. Friend has an issue about academies, but it is important that authorities think through from first principles on how to raise standards for children. However, I can give him the assurance he is seeking on trusts schools.