• Councils urged to claw back cash as 'excess' school surpluses top £500m

    Councils are being urged to claw back cash from schools holding “excess” surpluses – as new figures show the total amount stored away by cash-rich schools was nearly £600 million. Department for Education figures published on Thursday show a worsening financial position for council-maintained schools – with more than three in ten secondary schools now

    7.00 Dec. 8th, 2018 | News

  • Academy trust deficits rise but reserves grow for many

    The proportion of academy trusts reporting a financial deficit rose to 6.1 per cent in 2016-17 from 5.5 per cent in 2015-16, new statistics from the Department for Education have revealed. The 185 trusts that were in deficit were responsible for 300 academies (4.3 per cent of the total), and smaller trusts were more likely to find

    13.47 Jul. 26th, 2018 | News

  • Nine in 10 heads are headed for an 'unmanageable' budget deficit

    More than 90 per cent of headteachers expect their schools to rack up an unmanageable budget deficit in the near future, a poll has revealed. Twenty-one per cent of the 589 heads who responded to a survey by the school leaders’ union NAHT said their school was already in deficit this year, an increase of

    22.02 Mar. 21st, 2018 | News