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Academies Bill [Lords]

I am grateful to the hon. Gentleman for giving way. He was very generous yesterday too, and the Committee appreciated the answers to some of the questions. However, he is talking now as if, under Labour's proposals, the money for Building Schools for the Future was already in the bank—that is, already in the Department. However, it was made clear time and again that the money for Building Schools for the Future would be made available from savings made elsewhere. He talks as if the money was already in existence and had been earmarked, but that is complete and utter nonsense. It is now being spread about that schools would have been assured of that money, but the previous Government gave no such assurance.