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Schools: Academies — Question

Part of the debate – in the House of Lords at 2:45 pm on 3rd March 2015.

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Photo of Baroness Jones of Whitchurch Baroness Jones of Whitchurch Shadow Spokesperson (Education) 2:45 pm, 3rd March 2015

I thank the Minister for that reply, but does he accept that most parents would be appalled to know that academies are stockpiling public money, averaging nearly £6,000 per school, rather than spending it on their child’s education? Does he not accept that the fact that academies feel the need to have these reserves is simply a damaging consequence of having thousands of individual academies being managed separately—many would say badly—by the Secretary of State?