Yorkshire Post Exclusive: Academy chains take £9m from schools’ budgets as chiefs cash in

Figures obtained by the Yorkshire Post show that around £9m has been top-sliced in the past three years from primary and secondary academies in the region in order to pay for chains’ central services – which include wages of several chief executives who earned more than £150,000 and a director-general whose take home pay was around £280,000 a year.

Four of the biggest chains operating in Yorkshire – Academies Enterprise Trust (AET), E-ACT, School Partnership Trust Academies (SPTA) and Outwood Grange Academies Trust – have all paid their most senior figures salaries greater than the £142,500 earned by David Cameron.

Read on… http://www.yorkshirepost.co.uk/news/education/exclusive-academy-chains-take-9m-from-schools-budgets-as-chiefs-cash-in-1-5750823

Published as a ‘scene setter’ for stories to come soon.

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