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Exclusive: £64m has been spent on university technical colleges that have closed
Part of the government’s flagship free schools programme is facing mounting financial difficulties because of its unpopularity with parents and pupils, with schools forced to pay back millions of pounds to the Department for Education and cut staff after failing to attract and retain students.
University technical colleges (UTCs), a type of free school in England that was launched in 2010, ran up debts of £14m last year after many fell short of their forecasts for pupil numbers. Others had to borrow money from the DfE’s funding arm, throwing into question their long-term viability.
Read more: theguardian.com