Schools

PFI firm makes millions as taxpayers pay £870,000 a year for empty school

Wirral council faces eye-watering annual PFI bills despite Kingsway Academy lying empty since 2018

Tom Belger
Tom Belger
Schools

DfE to help schools on PFI handover – but guidance ‘too late’

Government guidance admits hundreds of projects risk 'disruption' and paying twice for repairs when PFI deals eventually expire

Tom Belger
Tom Belger
Schools

The head taking on PFI firms over new school ‘riddled’ with leaks

Newman RC College held back funds from PFI firms and threatened legal action against a council over repeated building...

Tom Belger
Tom Belger
News

Only two of DfE’s 11 major projects ‘likely’ to achieve aims on time and budget

Only two of the Department for Education’s 11 major projects are considered “likely” to achieve their aims and come...

Tom Belger
Tom Belger
News

PFI Endgame: DfE steps in to ensure school handovers go to plan

The Department for Education has launched a new unit to help transfer the first private finance initiative (PFI) schools...

Tom Belger
Tom Belger
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
News

Rescue schools tied to ‘toxic’ PFI contracts, Hammond told

The government will no longer use private financial initiatives (PFI) to fund future school-building projects – but is facing...

John Dickens
John Dickens
News

WCAT school left without sponsor over £1 million-a-year PFI contract

A private finance initiative contract costing more than £1 million a year has stopped one of the last schools...

Jess Staufenberg
Jess Staufenberg
News

United Learning boss rules out taking costly PFI schools ‘ever again’

One of the largest academy chains in England has refused to take on any new schools with costly PFI...

Jess Staufenberg
Jess Staufenberg