Academy chain receives warning

26th April 2013 at 01:00

One of England's largest academy chains has been hit with an official warning by the government over serious concerns about the financial management of its schools. E-Act, which runs 31 schools, has become the first sponsor to be issued with a "financial notice to improve" by the Education Funding Agency after the government body found a string of "weaknesses" in the reporting of its schools' accounts.

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