Tag: PFI

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A private finance initiative contract costing more than £1 million a year has stopped one of the last schools left from the collapsed Wakefield City Academies Trust from...
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One of the largest academy chains in England has refused to take on any new schools with costly PFI contracts because it has “barely any control” over the...
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The chair of the parliamentary public accounts committee Meg Hillier has spoken out against costly private finance initiative contracts and warned that the scheme’s relaunch as PF2 is...
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A struggling academy facing “crippling” PFI repayments of £21 million will now close, it has been confirmed. Schools Week reported last week how the government had agreed “in...
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A struggling academy is facing closure because of “crippling” PFI repayments – with the council set to pick up the outstanding £21 million debt. The government has agreed...
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Schools in Norfolk have paid more than £500,000 in “conversion costs” to their local authority to become academies, Schools Week can reveal. The charges cover almost the entire...
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Two schools are considering high court action to settle a row with their local authority over a disputed PFI bill they claim has stalled their academy conversion. Rokeby...
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A school whose academy conversion hit the buffers over its controversial PFI deal has been put in special measures. Noel-Baker school, in Derby, has been rated inadequate in...
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An Ofsted-rated outstanding Staffordshire academy has pulled out of taking over a struggling school because of its costly private finance initiative (PFI) contract, despite being offered an “unprecedented”...