Speaking at a fringe event at the Liberal Democrat conference, David Ward said schools must be answerable for the way in which the money is spent on the most disadvantaged pupils.
“This is public money and we must be accountable for it and show it has gone to the purpose for which it is designed,” he said.
“The education select committee will be looking at the issue of value for money.”
Jonathan Rallings, assistant director of policy and research at Barnardo's, said schools must spend the pupil premium on specific initiatives to help disadvantaged children rather than “plugging gaps” in wider school budgets.
“You have to look at the stick as well as offering the carrot,” he said.
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