Lord Dykes
Main Page: Lord Dykes (Crossbench - Life peer)Department Debates - View all Lord Dykes's debates with the Department for Education
Schools: Academies
Lord Dykes Excerpts(10 years, 10 months ago)
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Lord Nash
Ofsted looks at the support that chains are giving to their schools, and we have a very tight grip on the governance of all the chains. We have been in discussions with 50 chains to strengthen their governance arrangements and have a network of non-executive directors whom we have been introducing to chains to support them.
Lord Dykes (LD)
To restore public confidence, should not these institutions be genuine, single, self-standing schools without these rather dodgy business connections where chains are using taxpayers’ money which may not be properly audited?
Lord Nash
It is absolutely clear that anyone in any sort of governance arrangement with an academy or an academy chain cannot profit from their engagement. Any services provided from the connected party must be provided at no more than cost, and many of those philanthropists provide those services at considerably less than cost.