Nearly three in five academy trusts now have in-year deficits, report suggests

Rising staff costs and a growing demand for special educational needs provision is driving more academy trusts into deficit, a report has suggested (David Jones/PA) - (PA Wire)

Rising staff costs and a growing demand for special educational needs provision is driving more academy trusts into deficit, a report has suggested.

Nearly three in five (58%) trusts were running an in-year deficit in 2024, according to an analysis of the financial data of more than 260 academy trusts in England which represent nearly 2,300 schools.