Education Is Being Traded On the Stock Exchange
Evening Post (Bristol, UK) › October 18, 2011
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Summary
WHEN the crisis over Southern Cross Care Homes hit the headlines, we discovered the original US owners had sold off its 750 properties for a considerable profit, in a practice known as "asset stripping".
The responsibility for looking after 31,000 elderly residents passed to another company who struggled to pay the rents to the new landlords. You may ask what this has to do with schools. Once upon a time, Bristol's schools belonged to their communities and were named after the districts they served. Schools like Portway, St George and Speedwell were easy to locate on a map. Now, if someone mentions Oasis Brightstowe or Metropolitan Academy, people puzzle over their location and the change of name.See the full content of this document
Extract
Education Is Being Traded On the Stock Exchange
Academies were intended to replace struggling schools. Local organisations like UWE and Rolls ...
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