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Teachers at the Annual Conference of the NASUWT-The Teachers’ Union, have condemned the excessive salaries that the leaders of some academy schools are receiving and have called for greater transparency on the finances of academy schools and multi academy trusts.
Chris Keates, General Secretary of the NASUWT, said:
“It’s time to end the secret garden of academy finances. Millions of pounds of public money are being spent without detailed and open scrutiny.
“At a time when classroom teachers across the country have been denied even a 1% pay uplift and parents are increasingly being asked by schools to make financial contributions for basic services, the excessive salaries of some academy chiefs cannot be justified.
“Academy finances are a matter of public interest and the present system does not allow parents and the public to have confidence that financial decisions are being made for the benefit of pupils and that public money is being spent effectively and ethically.
“There is a democratic deficit in the operation of academies.
“The scandalous practices which have already been exposed publicly are, in our view, only the tip of the iceberg. The Government’s failure to act is a betrayal of pupils, parents, staff and public interest.”


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