England's academy trusts 'run up debts of £25m'

England's academy trusts 'run up debts of £25m'
 

Debts run up by 113 academy trusts in England amount to almost £25m, figures obtained by the BBC suggest.
The numbers raise "serious concerns about the accountability" of the system, said Meg Hillier, chairwoman of the Commons Public Accounts Committee.
More than half of England's secondary schools are run by self-governing academy trusts.
The government said financial oversight of academies was "more robust than in council-run schools".
The DfE's Education Funding Agency investigated one academy trust, Lilac Sky Schools, over its financial governance.
It runs nine... read more

 
9 October 2016 in Regional, Views: 45
Source: BBC
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