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West Midlands council to review policy on deficit interest payments

Heads of struggling schools say covering the payments on deficits hamper their efforts to balance their books
3 min read
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A council in the West Midlands is set to review controversial rules forcing debt-addled schools to cover interest payments on their deficits.

Church leaders are urging Worcestershire council chiefs to revisit the policy, amid concerns the charges are hampering headsefforts to balance their books.

This comes after Schools Week revealed in December that some struggling schools are paying interest to councils on their deficits or on loans designed to support them with their finances.

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