Firm behind first for-profit free school is still losing money

The private company behind the country’s first for-profit free school has made a loss for the third year in a row, documents reveal.

Accounts for the year to June 30, show IES International English Schools UK, which runs IES Breckland free school in Brandon, Suffolk, made an operating loss of £34,500 in 2018.

The company also made losses of £85,226 in 2017 and £49,117 in 2016.

Firm behind first for-profit free school is still losing money

 

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