Academies: Sponsors Debate

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Department: Department for Education
Thursday 21st July 2016

(7 years, 9 months ago)

Lords Chamber
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Lord Nash Portrait Lord Nash
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We constantly try to encourage local authorities to take greater financial oversight of their schools. However, when we find local authority schools failing, they are often failing both financially and educationally; as I mentioned earlier, we have turned many of these schools into sponsored academies.

Lord Blunkett Portrait Lord Blunkett (Lab)
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My Lords, I declare a non-pecuniary interest as the chair of a multi-academy trust. I will attempt to cool the atmosphere. Can we and the Minister agree that, in whatever sector and in whatever form we deal with here, whether multi-academy trusts, free-standing academies or local authority oversight, we are dealing with the issue of probity, and that the greater the transparency, the greater the confidence? This includes the allocation of large sums of money, such as £18 million for investment in improvement in the north of England that is being given to the Dixons Academies Trust. All of us have an interest in getting this right, because it is about the benefit that accrues to the children we serve.