News

Multiple rule breaches found in Dunham Trust ESFA investigation

An academy trust that paid out tens of thousands of pounds to related parties, spent over £1,000 for staff...

Freddie Whittaker
Freddie Whittaker
News

23 trusts submitted financial returns late

The government has named and shamed 23 academy trusts that were late in submitting financial returns in the last...

Freddie Whittaker
Freddie Whittaker
News

Grenfell rules forced us to dip into revenue, says trust

An academy trust says it had no choice but to break finance rules and use £530,000 of revenue funds...

Nicky Phillips
Nicky Phillips
News

Closing trust gave CEO six -figure pay-off

An academy trust set to close over financial worries awarded its outgoing chief executive a £115,000 severance package –...

Simon Kay
Simon Kay
News

ESFA extends deadline for academy accounts amid Covid ‘challenges’

Academy trusts will be given an extra month to submit their audited financial statements and accounts returns because of...

Freddie Whittaker
Freddie Whittaker
News

ESFA raps trust that spent £2.4k on wellbeing conference and spa break for senior staff

An academy trust that spent over £2,400 on a wellbeing conference and spa break for senior managers has been...

Freddie Whittaker
Freddie Whittaker
News

Coronavirus: Struggling academies offered help from resource management advisers

Academies in financial difficulty as a result of the coronavirus pandemic may be offered help from the government’s cost-cutting...

Freddie Whittaker
Freddie Whittaker
News

New academy handbook beefs-up rules on pay, whistleblowing and banning trustees

Ministers have toughened up the academies rulebook today with new guidance to make sure pay is reasonable, ensure trusts...

Kathryn Snowdon
Kathryn Snowdon
News

Ormiston Academies Trust got £1.1m government loan

One of the country’s largest multi-academy trusts was lent more than £1 million by the government to help “cash...

Pippa Allen-Kinross
Pippa Allen-Kinross