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DfE warned over academy spending

The Department for Education (DfE) has yet to establish effective financial accountability in academies operating in chains, MPs have said.

Parliament’s Committee of Public Accounts (CPA) has said that the DfE “must insist that every academy trust provides it with data showing school-level expenditure”.

A report by the committee into the DfE’s management of the expansion of the academies programme was published on Tuesday (April 23). It states: “The Department has incurred significant costs from the complex and inefficient system it has used for funding the academies programme and its oversight of academies has had to play catch-up with the rapid growth in academy numbers.”

It said the DfE and the Education Funding Agency need to “increase their grip on the risks to public money” as more schools become academies. There are now more than 2,300 academies open across England.

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