Independents face financial risk;In brief

9th July 1999 at 01:00
Some independent schools will not survive in the present cut-throat market unless they attract more pupils or merge with another school, according to a survey by accountants PricewaterhouseCoopers. Most at risk are small and medium-sized mixed day and boarding schools and smaller girls' day schools.

The survey covered 189 independent schools with more than 350 pupils. It found fees income was up 5.1 per cent for the year 1997-98 and 87 per cent of the schools surveyed recorded surpluses totalling pound;74 million. The other 13 per cent recorded a deficit. Fifteen schools suffered a loss in fees income, some for the second year running.

* Benchmarking financial performance in independent schools, PricewaterhouseCoopers, Redcliff Street, Bristol BS1 6QR, pound;30.

Log-in as an existing print or digital subscriber

Forgotten your subscriber ID?


To access this content and the full TES archive, subscribe now.

View subscriber offers


Get TES online and delivered to your door – for less than the price of a coffee

Save 33% off the cover price with this great subscription offer. Every copy delivered to your door by first-class post, plus full access to TES online and the TES app for just £1.90 per week.
Subscribers also enjoy a range of fantastic offers and benefits worth over £270:

  • Discounts off TES Institute courses
  • Access over 200,000 articles in the TES online archive
  • Free Tastecard membership worth £79.99
  • Discounts with Zipcar,, Virgin Wines and other partners
Order your low-cost subscription today