• INVESTIGATION: Did schools reinvest their money from playing field sales?

    Schools are not using money raised from selling playing fields into new sports facilities despite promises to the contrary, a Schools Week investigation has revealed. Schools and councils with surplus land, including disused playing fields, can seek government permission to sell it off but, in most cases, are obliged to use at least some of

    5.00 Sep. 24th, 2017 | News

  • Two for-profit sponsors back out of academy market

    Two academy trusts set up by for-profit providers that have made millions running schools across the globe have ended their sponsorship of English academies. The Erudition Schools Trust is in liquidation after its three schools in the Midlands were rebrokered to new trusts last year. Erudition was sponsored by K12, a firm founded by a

    5.00 Feb. 12th, 2017 | News

  • Booming academy transfer market pushes costs to potential £30m

    More than 100 schools are now rebrokered every year as the booming academy transfer market pushes costs to a potential £30 million. Figures obtained by Schools Week have revealed 235 academies were handed to new trusts in the past two calendar years, up from just 26 in 2014. Rebrokering costs are not routinely published, but

    5.00 Feb. 10th, 2017 | News

  • Meet the £200k-per-year academy chiefs who look after just a handful of schools

    Growing numbers of academy leaders, many of them responsible for only a handful of schools, now earn more than £200,000 a year. In one case a headteacher at a single academy trust is now paid £220,000, while an associate head at the same trust is on £145,000. A Schools Week investigation also revealed two chief

    5.00 Feb. 3rd, 2017 | News

  • Revealed: The 23 trusts that broke rules over £4m related-party transactions

    Twenty-three academy trusts breached funding rules last year when they made payments of more than £4 million to companies related to members of their staff or trustees. For the first time, Schools Week can reveal who the trusts are and the 26 transactions in which they failed to show they were fully compliant with rules

    5.00 Feb. 3rd, 2017 | News

  • Nick Gibb 'comfortable' with schools' approach to cost cutting

    The schools minister Nick Gibb has said he is “comfortable” with the way schools are dealing with rising cost pressures. It comes despite headteachers recently revealing how they are having to cut back on textbooks, cleaning and maintenance to balance the books, on top of making teaching and support staff redundant. The Institute for Fiscal

    12.21 Jan. 31st, 2017 | News

  • Accounts Watch: Academy trust chief gets £85,000 severance pay-out

    An academy trust chief executive who resigned after a misconduct investigation received a payout of of more than £85,000. Denise Shepherd was suspended as chief executive of the Thinking Schools Academy Trust (TSAT), which runs 10 schools in Kent and Portsmouth, in May last year. It was reported in a national newspaper that a whistleblower

    5.00 Jan. 30th, 2017 | News

  • National funding formula: the winners and losers by school type

    Schools in inner London and urban areas are most likely to lose out in the government’s funding shake-up. The Department for Education has published the second consultation on its national funding formula today – revealing more details about which schools will win and lose under the new cash distribution model. The document shows that schools

    14.22 Dec. 14th, 2016 | News

  • National funding formula: the winners and losers by local authority area

    The documents for the second stage of the government’s consultation on its proposed national funding formula have been published, and give a breakdown of indicative gains and losses for each local authority in England. Based on a calculation of the percentage change in funding in the first year of the NFF in 2018/19, we can see that

    13.49 Dec. 14th, 2016 | News

  • National funding formula: 10,700 schools set for extra cash, but more than 9,000 to lose out

    More than 10,700 schools are set to get extra cash under the government’s new fairer funding formula, while 9,128 will be funded at a lower level. The Department for Education has published the second consultation on its national funding formula – revealing more details about which schools will win and lose under the new cash

    13.16 Dec. 14th, 2016 | News

  • Ridings Federation of Academies issued with financial notice to improve over potential '£1 million deficit'

    A trust in charge of two academies has been issued with a financial notice to improve – and the threat that its funding could be terminated if a reported £1 million deficit is not balanced out. The Ridings Federation of Academies, which runs the Winterbourne International Academy and Yate International Academy in Bristol, has been told

    16.22 Nov. 25th, 2016 | News