• Greening heralds £2.4bn school capital funding, but money isn't new

    The Department for Education has outlined how it will spend £2.4 billion in school capital funding in the coming years, but has confirmed that none of the investment is new money. Justine Greening, the education secretary, says councils will get almost £1 billion in 2020-21 to create 60,000 of the 600,000 school places needed by

    0.01 Apr. 3rd, 2017 | News

  • More heads consider resigning over funding cuts

    More experienced headteachers are ready to resign over budget cuts that would “decimate” their schools, it was claimed today. Richard Slade, headteacher of Plumcroft Primary School, in Greenwich, said the government is facing a headteacher recruitment crisis because of the crippling funding cuts. Mary Sandell resigned last month as headteacher of The Forest School, in

    17.14 Mar. 7th, 2017 | News

  • Wealthy academy sponsors safeguard school trips amid funding squeeze

    Donations from wealthy sponsors are helping academy trusts to safeguard school trips, breakfast clubs and sports competitions as other schools are forced to axe provision as the funding squeeze bites. Ark Schools tops the table with its hedge fund sponsors handing over £6.2 million last year, an average of more than £150,000 for each of

    5.00 Mar. 6th, 2017 | News

  • NAO capital funding report: £6.7bn needed to rebuild crumbling schools, and 8 other key findings

    The National Audit Office today published its report into capital funding for schools. We have the nine key findings.   1. The school places increase is being met so far – but cracks are showing Demand for school places is continuing to grow. The government says primary place demand will rise by another 220,000 by

    0.01 Feb. 22nd, 2017 | News

  • Over a third of parents asked for school donations, survey finds

    More than a third of parents have been asked to donate money to their child’s school, according to a new survey by PTA UK, a charity which represents a network of parent associations in schools. Education leaders have said the findings again expose the “inadequacy of school funding”. Of 1,514 parents surveyed, 37 per cent

    0.01 Jan. 31st, 2017 | News

  • Treasury claws back £384m academy conversion funding

    More than £380 million of a £600 million pot for building capacity in the academies system has been clawed back by the treasury. The BBC reported today that £384 million originally earmarked for converting failing schools into academies and developing multi-academy trusts has been taken back by treasury officials. The money was part of a £600

    10.19 Jan. 27th, 2017 | News

  • Brooke Weston academy trust invests £1m in stocks

    Entrepreneurial academy trusts are taking advantage of their cash freedoms to make six-figure profits by investing in stocks and shares, a Schools Week investigation has found. The Brooke Weston Trust, which runs ten academies, has made £176,000 interest after putting £1 million of its reserves in an investment fund. The fund is managed by HSBC,

    5.00 Jan. 27th, 2017 | News