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United Kingdom · Report · Written statement

UIN HCWS356

Reserves held by Academies and Free Schools

publishedUnited Kingdom· UK Parliament· EN

Introduced

6 March 2015

Last action

6 March 2015 · Written statement

Status

Commons

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Subjects

Discovery layer

Source updated

6 March 2015

Summary

There has been some recent interest in the level of cash reserves held by academies and free schools. The Government regards academies’ cash holdings as reasonable. Academies cannot borrow and need to hold enough cash to manage their solvency prudently. I...

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Timeline

  1. 6 March 2015

    Written statement

    There has been some recent interest in the level of cash reserves held by academies and free schools. The Government regards academies’ cash holdings as reasonable. Academies cannot borrow and need to hold enough cash to manage their solvency prudently. I...

    Source: Commons

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