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I understand academies very well thanks. I've seen how they work and I don't like what I've seen. A generalisation based on a small sample size yes, but I've also spoken to plenty of people involved in education and all of them are either skeptical or against the academy model. It's not getting...

*they're* Value for money for the taxpayer doesn't usually involve handing millions of £s worth of assets over to private companies so they can use them to turn a profit out of taxpayers cash (which is supposed to be spent on teachers and you know, stuff for teaching kids). How exactly is this...

So no private companies make money from academies then? Call it what you want and split hairs as much as you like. This is a truly awful idea and to call it the privatisation of our education system isn't far off. Depressing stuff.