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United Kingdom · Question · Written question

UIN 74901

Academies: Insolvency

answeredUnited Kingdom· UK Parliament· EN

Introduced

31 October 2022

Last action

7 November 2022 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

7 November 2022

Summary

To ask the Secretary of State for Education, what the process is for recovering a Multiple Academy Trust who declares bankruptcy or insolvency.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 31 October 2022

    Written question

    To ask the Secretary of State for Education, what the process is for recovering a Multiple Academy Trust who declares bankruptcy or insolvency.

    Source: Commons

  2. 7 November 2022

    Answer

    The financial health of the academies sector is strong. The Department recognises that, in the current climate, some trusts may be facing financial difficulty, including those in Plymouth and across the country. Where that is the case, the Education and S...

    Source: Written answer

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