Tory call to let investors make money from free schools

Private investors should be able to make money by helping to pay the start-up costs of new free schools, according to a Conservative MP who founded a free school. Tes reports.

The recommendation is made in a report about the future of free schools written by former Commons Education Select Committee member Suella Braverman, and published by the Centre for Policy Studies today.

Social impact bonds involve the government identifying a problem, and private investors then providing money to fix it. Whether they get paid back depends on the success of the project.

NASUWT acting general secretary Chris Keates said: “Parents should be deeply concerned by the idea that their children’s schools should be run for profit.

“A form of payment by results, as suggested in the report, could create perverse incentives for schools, which is unlikely to be in the best interests of pupils, teachers and parents.”

Read more from the report, including social investment tax relief Tory call to let investors make money from free schools 

Please tell us your thoughts in comments or via Twitter ~ Tamsin


Are you a trainee teacher, NQT, teacher, headteacher, parent or  just someone who cares about education and has something to get off  your chest in a Schools Improvement Guest Post? Follow this link for more details at the bottom of the page.

Don’t forget you can sign up to receive our daily email bulletin (around 7am) with all the latest schools news stories. Your details will never be given to anyone else and you can unsubscribe at any stage. Just follow this link.

We now have a Facebook page - please click to like!


English A-level suffers collapse in student numbers as teachers blame tougher GCSEs
Free schools show how hard it can be to battle the Blob
Categories: Business, DfE, Free Schools, Funding and Teaching.

Let us know what you think...