255 academies applied for CIF loans in 2015/16 - plans to extend scheme.

In response to an FOI request the Education Funding Agency has said it received 255 loan applications alongside grant applications in its 2015/16 Condition Improvement Fund process. The EFA added that this loan facility could be extended to larger multi-academy trusts (MATs).

130 academies 're-brokered' between trusts

UPDATE June 15: Sir David Carter provides more details about number and breakdown of re-brokered academies: 119 total since Sept 2014, of which 68 from one multi-academy trust to another and 51 from single academy trust to MAT (BBC). This adds to the picture of increasing numbers of academies that are being re-brokered to new trusts after failing to make necessary improvements.