Since Labour’s tax raid on private schools came into effect in January, at least 18 independent schools have publicly announced they are closing this year due to the VAT measures, while eight schools have launched consultations to close after the summer. Meaning around 3,385 pupils will be displaced. The casualties include:
The following schools have announced proposals to close this summer:
Guido will continue to update the list and co-conspirators can get in touch here to highlight any further closures. It’s a school run…
Updates since this went to pixel:
Former Treasury minister and adviser to Burnham in the Makerfield campaign Lord Jim O’Neill, who has turned down a role in his government, said Burnham’s first statement Commons was:
“The last thing investors wanted to hear… gilt yields have risen by a 0.25% in one day, which is a lot. We’ve not had that since Liz Truss days… If your country is under the focus of ‘can they come up with a sensible fiscal strategy’ on a day when the markets think ‘well no, you’re not showing any sign of it’ you’re going to have a tough day…if it stays like this your mortgage rate is going up.”