finances | Schools Week

Cost of DfE’s school insurance scheme to rise 7.4%

Risk protection arrangement costs have risen by 61 per cent since 2020

PFI firm in school repairs row plans to dissolve

Stoke-on-Trent City Council says firm responsible for maintaining 88 schools to shut amid row over who covers outstanding repairs

Retirement planning and financial resilience – what do teachers need to think about?

Regional Manager, Oonagh Morrison, from Wesleyan Financial Services, discusses how financial resilience can impact retirement planning.

Headteacher associations join forces in national network

Group aims to ‘mobilise’ leaders and give heads stronger policymaking voice

Councils take up to 9% of school budgets for core services

Findings challenge claims trusts charge their schools more for services away from classrooms

Trusts look to grow to weather falling rolls storm, survey suggests

One in seven CEOs eye retirement as 45% of trusts expect to grow and dip into reserves this year, CST survey finds

Education funding squeeze ‘puts brakes on levelling up’, and 3 more IFS findings

A think tank report contrasts heavy education cuts contrast with surging healthcare spending

New academy rules put trust autonomy at risk, say sector leaders

Sector leaders are warning the new academy trust handbook could undermine board autonomy , and demanding the government confirm whether it spells “broader intervention” in future. Most of the changes to the rebranded 2021 edition, previously known as the academies financial handbook, are simply pulling in existing school guidance from elsewhere. Minister Baroness Berridge’s foreword […]

School staff should look after ‘every penny like their own’, says academy trust CEO

School staff should treat “every penny” of funding as if it was their own and apply the same “discipline” to financial management as they do to improving educational performance, an academy trust CEO has said. Tes reported earlier this week that the David Ross Education Trust has asked its schools to consider using cover supervisors […]