Multi-academy Trusts: Finance

(asked on 14th April 2022) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, whether his Department plans to allocate additional financial resources to local authorities to support the foundation of multi-academy trusts.


Answered by
Robin Walker Portrait
Robin Walker
This question was answered on 26th April 2022

The department is committing up to £86 million in trust capacity funding over the next three years, focused particularly on Education Investment Areas including Portsmouth. Applications are open for the Trust Capacity Fund 2022/2023 to help trusts, and local authority maintained schools forming trusts, to develop their capacity to grow. Further information can be found here: https://www.gov.uk/government/publications/apply-to-the-trust-capacity-fund.

The Schools White Paper 2022 announced that local authorities will be able to establish new multi-academy trusts where too few strong trusts exist. Further details will be announced in due course.

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