Academy budgets are in an even worse state than those of council-run schools with eight out of 10 in deficit, suggest figures from their accountants.
Two more years like this and the entire sector could face insolvency, says a report from the Kreston UK accountancy network which looked at 450 schools.
Eight years have passed since the coalition government empowered schools to free themselves of sinister-sounding local council “control” and become academies. Politicians sold a vision of a world in which our children’s education would instead be managed by “charitable trusts”.
The plan was to extend the “big society” – a utopian vision in which citizen groups would run public services, from local libraries to police units. But less than a decade later, and those have-a-go heroes have become walkaway washouts, as charity after charity is pulling the plug and handing back its schools.
There is no difference in the performance of multi-academy trusts and groups of local authority schools, a new report from the Education Policy Institute has found.
The report, which compared school performance and pupil improvement at every trust and local authority in England at both key stage two and four, makes a number of recommendations to improve the academy system, including allowing local authorities to take schools back from failing trusts.
EPI report: Academies are no better than LA schools, and 7 other important findings
Read the EPI report here https://epi.org.uk/wp-content/uploads/2018/06/EPI-Academy-LA-Performance_.pdf
The rapid conversion of state schools to academies since 2010 has resulted in the majority of such schools having less freedom than before, according to new research from the London School of Economics and Political Science (LSE) and a leading education lawyer at Matrix.
Almost a third of state schools have become academies since the Conservative-Liberal Democrat coalition expanded the academies programme from 2010, with a key aim to give schools more freedom. However, the policy has resulted in over 70% of academies having less freedom than they had before, as they are run by Multi-Academy Trusts (MATs), and no longer exist as ‘autonomous’ schools unlike schools maintained by local authorities.