Tag Archives: Funding

Plymouth Marine Academy criticised for 200k principal package

A teaching union has criticised the £200,000 annual pay package awarded to an academy principal in Plymouth.
An annual report from the Marine Academy, in Plymouth, showed principal Helen Mathieson was paid the money in salary and other remunerations in 2011.
Andy Woolley, from the National Union of Teachers, said the figure was not justifiable. Continue reading

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The murky world of academy finance

Do academies really receive the same amount of funding as non-academy schools?
It is a basic question, and very relevant to any assessment as to whether the coalition government’s best-known education policy is actually succeeding or not.
But, amazingly, we still do not have a categorical answer. It seems very difficult, then, to make any fair comparison between academies and their maintained (non-academy) school peer group. Moreover, as the Commons Public Accounts Committee stressed again in a bitingly critical report (http://bit.ly/17LKJ74) on the Department for Education’s management of the academies programme this week, large sums of public money seem to be being spent on the policy with relatively little transparency. Continue reading

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Academy boss quits over probe into school finances

Sir Bruce Liddington – one of the best-paid figures in education – will announce his formal resignation on Friday after four years in charge of E-ACT.
It is believed Sir Bruce, who earned around £300,000 in 2010-11, including pension and expenses, agreed to quit after pressure was put on him by the organisation’s board. Continue reading

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Academies overspent by £1bn, public accounts committee says

The Department for Education (DfE) is facing severe criticism from a cross-party committee of MPs for overspending by more than £1bn on these academies programme over a two-year period.
The public accounts committee, in a report released on Tuesday, has found that the department drew £95m of this money from a budget that was supposed to have been spent on underperforming schools.
From the Guardian Continue reading

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Millions wasted on inefficient academies scheme

Millions of pounds were wasted on England’s rapidly growing academies programme because of over-complex and inefficient funding systems, MPs say.
A Public Accounts Committee report describes a system peppered with overspends and errors, but subject to little oversight.
From BBC Continue reading

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