• Be ready to challenge 'inappropriate' use of money, academy chiefs told

    Academy leaders must be prepared to call out inappropriate behaviour within their organisations, especially if it involves public money, the government’s top school funding boss has said. Eileen Milner, the head of the Education and Skills Funding Agency (ESFA), has written to the heads of single and multi academy trusts, to remind them that as

    17.16 Sep. 18th, 2018 | News

  • Why the DfE's plan to spend £2.3m on cost-cutting consultants is a great deal for schools

    My twitter timeline heated up a bit last night when I saw quite a lot of negativity to the Schools Week Story about the DfE spending £2.3m on a ‘new army of cost-cutting consultants, set up to help schools save money’. This was seen as a universal waste of money – why not just give

    13.50 Aug. 31st, 2018 | Opinion

  • 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

  • Academy trust bosses' New Zealand trip questioned by the ESFA

    A review of financial management and governance at the London-based Silver Birch Academy Trust has revealed serious failings, including a trip to the other side of the world for senior leaders that cost almost twice as much as the going rate. The trust, which runs four primary schools in Walthamstow, Chingford and Redbridge, was visited

    16.27 Jun. 15th, 2018 | News

  • Government to rebroker Manchester free schools founded by charity boss

    Two free schools in Greater Manchester will be re-brokered to new multi-academy trusts after one was placed into special measures on its first inspection and the second given a financial notice to improve. The Collective Spirit free school in Oldham, which opened in September 2013, received an Ofsted judgement of “inadequate” in all categories in

    15.29 Jan. 31st, 2017 | News

  • Bright Tribe investigation reveals chain breached rules - but will not face notice to improve

    An investigation into a “top-performing” academy trust given government cash to drive up standards in northern schools has revealed it breached rules over payments to trustees – but will escape a financial notice to improve. A long-awaited investigation into the Bright Tribe trust, and another trust also founded by sponsor venture capitalist Michael Dwan, called

    17.56 Nov. 9th, 2016 | News