News
£7m Bailout for Troubled Academies
05 May 2011
A government quango spent almost £7m last year bailing out academy schools in financial deficit, official figures reveal.
One academy – Richard Rose Central in Carlisle – needed a cash injection of nearly £5m. Four others – Gloucester, Manchester Enterprise, Paddington and Westminster academies – received between £850,000 and £250,000.
