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1130928
star this property registered interest false more like this
star this property date less than 2019-06-10more like thismore than 2019-06-10
star this property answering body
Department for Education more like this
star this property answering dept id 60 more like this
star this property answering dept short name Education more like this
star this property answering dept sort name Education remove filter
star this property hansard heading Academies more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Education, how many multi-academy trusts have collapsed since the introduction of such trusts. more like this
star this property tabling member constituency Wakefield more like this
star this property tabling member printed
Mary Creagh more like this
star this property uin 262318 more like this
star this property answer
answer
star this property is ministerial correction false more like this
unstar this property date of answer less than 2019-06-13more like thismore than 2019-06-13
star this property answer text <p>The department’s latest records show that no academy trust has collapsed. Where there is a risk to public funds, the Education and Skills Funding Agency (ESFA) will intervene in a proportionate manner to avoid financial issues affecting school provision.</p><p>The ESFA has a robust intervention strategy to support an academy trust, which is a company limited by guarantee and subject to company law, to reach a stronger financial position. Intervention actions range from supporting and building trust capacity through to issuing a Financial Notice to Improve, or in the most serious cases, terminating a funding agreement after schools have been transferred to another trust.</p><p> </p> more like this
unstar this property answering member constituency Stratford-on-Avon more like this
star this property answering member printed Nadhim Zahawi more like this
star this property question first answered
less than 2019-06-13T16:31:41.71Zmore like thismore than 2019-06-13T16:31:41.71Z
star this property answering member
4113
star this property label Biography information for Nadhim Zahawi more like this
unstar this property tabling member
1579
unstar this property label Biography information for Mary Creagh more like this