Schools for profit
Academy schools are paying large sums of public money to private companies linked to their management, according to a report by the Education Select Committee. Academies are state-funded but privately managed schools; many are “sponsored” by private education companies. Still more have individual board members who run or have interests in private companies. It has always been clear that academisation meant privatisation, and private profit, but less clear how companies are making a profit. This report makes it clear. Aurora Academies Trust, for example, is paying £100,000 a year to use it’s...