• 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