More than half of multi-academy trusts see themselves as “financially vulnerable”, with almost four in five having been forced to dip into reserves over the last year to cover costs.
A growing number of multi-academy trusts are pooling resources, including the general annual grant allocated to each individual school, a report has found.
Some English councils will be able to establish academy trusts under new plans the government hopes will spur school academisation – a programme criticised last week for lacking clear financial...
The government does not understand why different academy schools perform differently financially and poor access to local information is harming scrutiny of individual trusts, Parliament’s Public...
The proportion of schools run by local authorities reporting deficits more than doubled in five years as cost pressures on the mainstream education system rose faster than funding, the National...
A £400m pot has been introduced to improve facilities and increase school places at academies and sixth forms in England, but access to the funds will be limited for academies paying high salaries,...
Between financial controversies and more fundamental questions about sustainability, the academies sector is crying out for transparency, writes Rachel Willcox.
A third of academy leaders believe autonomy from local government has made no difference, while almost one in five think its effect has been negative, according to a survey released today.
The governance, accountability and financial management of academy trusts running schools in England “fall short”, the Public Accounts Committee has said.
Local authorities are struggling to take a holistic view of education provision in their areas because of the high proportion of secondary schools that have converted to academies, according to...
Disadvantaged children in England are significantly less likely to gain a place at the country’s top performing comprehensive schools, the Sutton Trust has found.
There is not enough evidence to support the expansion of multi-academy trusts as part of the government’s aim for all schools to become academies, the education select committee has concluded.
A report that the government has clawed back £384m of funding for schools amid a ‘cash crisis’ in education has sparked criticism from teaching unions.
The small team of civil servants responsible for performance managing academies and free schools cannot do so effectively and could be putting children’s education at risk, the Local Government...
Local councils could be landed with a bill of up to £320m if all schools are converted into academies, according to Local Government Association figures.
Changes to how schools are funded will not tackle all the financial differences across the sector. Giving academy chains more power to distribute funding could help tackle regional inequities.
