Academies

Academy trusts get £21m in non-repayable bailouts

The Academies Enterprise Trust received £2 million, one of more than 80 trusts bailed out in a single year

Tom Belger
Tom Belger
Academies

Trusts rack up £3bn surplus, and 6 more academy sector accounts findings

The report reveals rising reserves, more spending rule breaches and more trusts under scrutiny over high pay

Tom Belger
Tom Belger
Covid

Covid savings fuel record turnaround in maintained school finances

Lower energy and exam costs saved schools millions during lockdowns

Tom Belger
Tom Belger
Academies

DfE lets Harris and Oasis off the hook for £9.4m academy sponsor contributions

The government has written off cash owed as collection efforts have been 'exhausted'

Tom Belger
Tom Belger
school funding

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

Tom Belger
Tom Belger
school funding

Investigate trusts amassing ‘substantial reserves’, watchdog tells DfE

A report found mainstream school finances had “held up well" in recent years, despite austerity cuts and other funding...

Tom Belger
Tom Belger
school funding

Councils set to raid school budgets as £50m improvement grant faces axe

The DfE said axing improvement funds and letting councils top-slice school budgets instead meant a 'smoother transition' to full...

Tom Belger
Tom Belger
Academies

Government vetoes more academy deals with linked firms

108 academy trust 'related party transactions' were blocked in 2020-21, more than twice the previous year's figures

Tom Belger
Tom Belger
Academies

ESFA probes trust forced to up top-slice after overspend

Documents suggest the Oval trust 'set a deficit budget, miscalculated income...and overspent', while a new board came in after...

Tom Belger
Tom Belger