Tes Reporter

Uncovered: pay rises and fraud victims at academy trusts

TES examines the accounts of 20 MATs and discovers huge redundancy payouts and dwindling reserves

Magazine article image

Academy trusts are publishing their annual accounts for 2015-16, revealing in detail the reality of schools’ finances in England as funding cuts bite.

TES analysed documents from 20 of the biggest and most high-profile trusts* and uncovered fraud, rising executive pay, redundancies and dwindling reserves.

Reporting team: Martin George, Will Hazell, Eleanor Busby and Helen Ward

The bosses' salaries keep rising

The pay of academy trust bosses has continued to climb, new documents show.

A TES analysis of the published accounts of a sample of high-profile academies shows that virtually all of ...

Subscribe to continue reading

Get full access to our magazine to keep up-to-date with the latest education research, insight and analysis – including audio articles and back issues