As schools begin the final term of one of the toughest, most unpredictable and exhausting academic years in decades, school finances have been put under unusual stresses and strains.
A report that we have co-authored has revealed the impact that COVID-19 has had on school finances.
Updated 24.06.2020: Ever since the first case of coronavirus in the UK, schools have faced a great deal of uncertainty. When the decision was finally taken to close schools to all but vulnerable children, and those of key workers, questions immediately turned to funding.
The largest survey of academy schools in the UK shows schools experienced a budget surplus for the first time since 2015. The Kreston Academies Benchmark Report 2020 analyses the financial situations of nearly 1,500 academies – around 20% of all academies in the UK.