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: