Privatisation – the gift that keeps on giving to failed academy schools

Police have confirmed they are looking at the conduct of a multi-academy trust accused of asset stripping its schools before collapsing.

Wakefield City Academies Trust announced days into the new term in September that it would divest itself of its 21 schools because WCAT could not undertake the “rapid improvement” they needed. The Department for Education is in the process of arranging for new trusts to take over management of the schools.

In October, it was revealed that the trust had transferred millions of pounds of its schools’ reserves to centralised accounts before admitting that new sponsors would need to be found for them. …

Before its collapse, WCAT had been dogged by scandal. In October 2016, it emerged that the trust had paid almost £440,000 to IT and clerking companies owned by its then chief executive, Mike Ramsay, and his daughter. The trust insisted the contracts had represented the best value.

A draft of a DfE report on the trust’s finances, seen by TES, also raised concerns that Ramsay had been paid more than £82,000 for 15 weeks’ work, despite the fact that the trust faced a large budget deficit. …

2 thoughts on “Privatisation – the gift that keeps on giving to failed academy schools

  1. Why not challenge Cllr Hart from Devon County Council to provide the evidence? We all know he won’t be able to…


  2. It is shameful that schools have been privatised by the Conservative government without that same Conservative government ensuring that there is proper governance, transparency and accountability for those privatised schools which are taking (and apparently misusing) public money.

    It is Conservative Party dogma that privatisation of public services is always a good thing – though experience and history actually tells us the opposite. History tends to show that privatisation results in poorer quality services which cost more, in cherry-picking of the most profitable services to the detriment of those that need the less profitable ones, and in the long run demonstrate a lack of ongoing investment in the future success.

    Once again I challenge anyone to provide a single example of a privatised public services which is shown to be beneficial to the public over the long-term. I have made this challenge several times before and have yet to receive even one potential candidate – much less one which on scrutiny actually proves to be beneficial.

    I will even sweeten the deal by promising a £100 donation to charity of your choice. So, please prove me wrong and find me a privatisation deal which is long-term beneficial to the public.

    In the mean time, anyone who votes for parties who believe in privatisation should seriously think twice about whether continuing your support is the right thing to do. In the end these are YOUR services that are being privatised and trashed, and YOU who has to suffer the results.


Comments are closed.