Academies Spending

27 July 2017

Commenting on the publication of the Department for Education’s report on income and expenditure in academies in England, 2015-16, Rosamund McNeil, Head of Education at the National Union of Teachers, said: 

“The report demonstrates the growing financial crisis affecting all schools – academies as well as maintained – showing that, in the 2015-16 school year, the total revenue expenditure in academies exceeded income by £280m. The recent announcement by the Government while a step in the right direction is certainly not enough to stave off the savage cuts to teaching and teacher assistant posts, the rising class sizes or the cuts to courses and resources for students. Academy status is no security against financial austerity for schools.

“It is of concern that academies’ expenditure on teaching staff has fallen. We think that local authorities are best placed to achieve value for money and economies of scale in back office services and the academy system is enabling the private sector to profit at taxpayers’ expense. Private supply agencies are also exploiting the recruitment crisis while underpaying supply teachers. This has got to end with a properly funded and locally managed supply pool ensuring high quality, properly paid supply staff to cover short term vacancies.”

Teachers Building Society