MATs the DfE funded to expand tell of finance fears

Some multi-academy trusts (MATs) that received a share of a £31 million government fund to expand have become concerned about their long-term financial viability, a new report has revealed.

Financial concerns were raised by MATs that took on schools with large deficits or which have not been able to grow as much as expected.

The fears are revealed in an evaluation report by the one-off Regional Academy Growth Fund (RAGF), to which trusts had bid to access cash to fuel their expansion.

https://www.tes.com/news/mats-dfe-funded-expand-tell-finance-fears

 

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