Bailed-out academy boss set for £150k payout, despite £1.1m budget hole

A single academy trust facing closure has set aside a £150,000 payout for its chief executive, despite reporting a £1.1 million budget black hole last year and needing two taxpayer bailouts.

The Castle Trust is set to be wound up after it was stripped of Delce Academy in Kent last year following an “inadequate” rating. In February it agreed to hand over its last 360-pupil primary, Greenway Academy, to GLF Schools.

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