The Independent is reporting that a controversial academy chain has had its funding withdrawn and its schools are facing closure, it has been revealed.
The Durand Academy Trust (DAT) runs an infant and junior school in Stockwell, south London, and a boarding school for older pupils in Midhurst, West Sussex. The Education Funding Agency said it had “serious concerns” about the way the trust was financed and managed.
In a letter to Durand’s chairman of governors Sir Greg Martin, EFA chief executive Peter Lauener said there had been “repeated and significant” breaches of the terms of the funding agreement.
Academies Minister Lord Nash said: “Following much consideration we have advised Durand Academy Trust that we are planning to proceed with the termination of the trust’s funding agreement.
“This is not a decision we have taken lightly, but it has been done to safeguard the future education of Durand’s pupils and to ensure public money and public assets intended for the education of children are managed effectively”.
Commenting on the closure, Dr Mary Bousted of the Association of Teachers and Lecturers said: “Another day and another Academy Trust has run into difficulties, and unfortunately pupils are likely to suffer because of it. This shows, once again, that this way of running schools doesn’t work. The Government has little oversight of the actions of school leaders, and little power to improve the way schools operate in these circumstances. This leads to a huge waste of public money that should be spent on children’s education.”
Shadow schools minister Mike Kane said: “This is an extremely concerning case, which further exposes the Tories’ failure to properly oversee academy schools and make sure taxpayers’ money is being spent where it should be.”
Do you think this is an isolated case, or does it prove academies are not the way forward? Let us know your thoughts in the comments below or on Twitter. ~ Sophie
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