Driving forward school improvement and raising pupil attainment remains the key focus for the Department for Education. Targets for schools are being continually raised and the inspection regime is becoming more challenging.
Underperforming schools are being asked to work with sponsors to provide vision and support.
Sponsors come in all shapes and sizes, ranging from other education institutions and charities to businesses and non government organisations, whose remit includes supporting education within the community, as well as community and religious bodies. Sponsors include newly formed education trusts (e.g. umbrella trusts) which often emerge from school to school collaboration…
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This decision represents a welcome return to the ‘pay for what you use’ principle and strikes a fairer balance between different creditor and expense groups.
Winckworth Sherwood has provided a summary of the Trusts (Capital and Income) Act 2013.