Academy school leaders in England face pay cap to curb ‘banker-style’ salaries

The education secretary, Bridget Phillipson, is expected to introduce a £174,000 cap and limit future raises to those agreed for teachers. Photograph: Wiktor Szymanowicz/Future Publishing/Getty Images

The era of academy school leaders in England receiving “banker-style salaries” and hefty annual increases may soon be over, with the government to introduce limits on executive pay.

Nearly 100 academy chief executives earn more than £200,000 a year, with pay in academy trusts equating to anything from less than £5 a pupil to more than £150. Only a quarter of the high-earners were women.