News

Bailed-out academy boss set for £150k payout, despite £1.1m budget hole

A single academy trust facing closure has set aside a £150,000 payout for its chief executive, despite reporting a...

Tom Belger
Tom Belger
News

Speed read: ‘Academy trust handbook’ 2021 published as DfE rebrands key guide

The DfE has rebranded the academies financial handbook as the academy trust handbook, with ministers dubbing the latest edition...

Tom Belger
Tom Belger
News

DfE blocks MAT’s bid to take shares in outsourcing firm

An outsourcing firm has urged the government not to be “hung up on fear of the different” after officials...

Tom Belger
Tom Belger
News

ESFA investigates finances of Trinity Academy London Trust

The government is investigating alleged financial irregularities at an academy trust in south London that was issued a redacted...

Simon Kay
Simon Kay
News

DfE threatens to reclaim £110k loan unless school joins a multi-academy trust

The government has threatened to forcibly claim back a £110,000 loan issued to a single-academy trust unless it joins...

Pippa Allen-Kinross
Pippa Allen-Kinross
News

Academy trust rapped over boss’ £23,000 ex-gratia fee

A government investigation has uncovered a swathe of financial and governance failings at a single academy trust – including...

Alix Robertson
Alix Robertson
News

London secondary school hit with financial notice to improve over failure to balance budget

A secondary school in Richmond upon Thames has been handed a financial notice to improve by the Education and...

Alix Robertson
Alix Robertson
News

Financial warning for the academy trust that sent leaders to New Zealand

An academy trust that spent over £12,000 on a trip abroad for two of its leaders has been handed...

Alix Robertson
Alix Robertson
News

Troubled UCAT trust to shed four schools after finances warning

Four schools run by the troubled University of Chester Academies Trust (UCAT) will be rebrokered to new sponsors following...

Alix Robertson
Alix Robertson