Fifth of academies change hands because sponsor closes

More than a fifth of academies changing hands last year did so because the sponsoring trust closed, new figures show.

The proportion of academies moving trust has also risen sevenfold in six years, according to Department for Education statistics.

https://www.tes.com/news/fifth-academies-change-hands-because-sponsor-closes

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In 2017-18, a sponsor closing was the cause of 22 out of 255 transfers – 8.6 per cent. In 2018-19, a sponsor closing was the reason behind 67 of the 307 academies which transferred – 21.8 per cent.

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