Bail out grants to Academies over £6 million

The amount given in ‘exceptional grants’ to academies to stabilise their accounts in the financial year 2018/19 was nearly twice as much as originally reported, the Department for Education has admitted*.

Earlier this week I reported that £3.5m was paid out in exceptional grants to academies in 2018/19 (see here and here).  But the DfE has told me that due to a ‘technical error’ I was sent an incomplete spreadsheet.  The full amount was just over £6m.

Academies bailed were:

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