logo-education
0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

budget strains for academies programme

23 November 2012

Rapid expansion of the academies programme in the last two years has resulted in a £1 billion overspend by the Government, according to a National Audit Office Report.

The report suggests the Department for Education (DfE) was unprepared for the financial implications and monitoring challenges that a surge in academy conversions would bring.

The extra costs included, for example, monies which were transferred to academies that the DfE subsequently failed to recoup from local authorities.

The DfE has defended the extra costs on the basis that academies are proven to 'drive up standards', significant savings have been made elsewhere and the cost of conversions is falling.

Despite the overspend, we anticipate that grant funding for target schools, such as those in the primary sector, will continue to flow. However more generally, the budget strains may well expedite the withdrawal of academy financial incentives, such as the £25,000 conversion grant.

related opinions

Covid-19 student testing and the Christmas travel window

The government has issued its guidance on how University students will be able to travel home safely at Christmas.

View blog

Government guidance on Higher Education - updated

On 30th September, the government updated its guidance to universities on re-opening their buildings and campuses.

View blog

Government guidance on Covid-19 for Higher Education (HE) institutions

Following the Prime Minister’s announcement on new measures to tackle Coronavirus, and with students about to start new terms, the government has updated its guidance to universities to make their buildings and campuses as safe as possible.

View blog

Government announces ten-year programme of school rebuilding

Ambitious funding plans, announced recently by the Prime Minister, have made clear that spending on school buildings is seen as a key element of efforts to stimulate the economy post-COVID.

View blog

mailing list sign up



Select which mailings you would like to receive from us.

Sign up