Ofsted firm sells #163;12m of business

15th April 2011 at 01:00

One of the firms that provides Ofsted with inspectors is selling off its other business interests. Public sector consultancy Tribal is selling its loss-making health and government units to outsourcing firm Capita, and expects to recoup more than #163;12 million after fees and taxes. The firm said the sale would "significantly reduce (the) current level of indebtedness and will provide a strong platform for ... investing in the education business", which generated profit of more than #163;14 million in 2010.

Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.

Not a subscriber? Find out more about our subscription offers.
Subscribe now
Existing subscriber?
Enter subscription number


The guide by your side – ensuring you are always up to date with the latest in education.

Get Tes magazine online and delivered to your door. Stay up to date with the latest research, teacher innovation and insight, plus classroom tips and techniques with a Tes magazine subscription.
With a Tes magazine subscription you get exclusive access to our CPD library. Including our New Teachers’ special for NQTS, Ed Tech, How to Get a Job, Trip Planner, Ed Biz Special and all Tes back issues.

Subscribe now