fromBusiness Matters
3 days agoNumber of private schools going bust doubles after VAT raid
The number of private schools collapsing into administration has doubled in the first half of this year, as the government's VAT changes bite into the sector's finances. Figures released by risk advisory firm Kroll show that 12 private schools went into administration between January and July, compared with six during the same period last year. Four of those failures occurred in July alone, raising fears that closures could accelerate further.
Education