What Academies should and shouldn’t do with their cash….

Laura McInerney

After the recent Guardian story about academies paying millions of pounds to private firms for educational services there has been a surge of interest in the way schools are spending taxpayer money. It is important to remember that academies are not alone in spending tax-cash with private firms. Every school will buy items from private companies – whether stationery, or textbooks, or computers. What matters much more in the case of academies is who the money goes to and whether or not there is a dodgy link between the people operating the school and the people they are paying out to.

For example, as the Guardian article notes:

Grace Academy, which runs three schools in the Midlands and was set up by the Tory donor Lord Edmiston, has paid more than £1m either directly to or through companies owned or controlled by Edmiston, trustees’ relatives and to members of the…

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