Dozens of academy schools need bailouts from taxpayers

Flagship schools under pressure as beleaguered trusts face mounting deficitsOperators of dozens of academy schools are having to rely on emergency handouts from the taxpayer as a result of mounting deficits that threaten to put some out of business.In the latest sign of the financial pressures now on the nation’s schools, the auditors of one operator that oversees 21 schools raised concerns over its ability to keep operating after it posted a £2.5m loss last year. Continue reading…
Via: Dozens of academy schools need bailouts from taxpayers