Wednesday, 6 April 2011

Academies start to tap emergency funding

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New research by Syscap, the leading independent finance provider to the education sector, shows that in its first few months of operations, the Young People’s Learning Agency was forced to step in and provide £4.3 million worth of emergency funding to Academy schools. Syscap warns that the YPLA and local authorities may see more applications for emergency funding as schools struggle to deal with the impact of public sector cuts.

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