• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home News Education

Academy boss pockets £25,000 a month

The head of a chain of academy schools earned the equivalent of a whopping £25,000 a month for running the trust, it has emerged. Mike Ramsay, 61, pocketed a total of £127,000 for just five months’ work as interim chief executive of the academy trust, which runs 21 schools. Mr Ramsay’s firm, Hi Tech Group Ltd, […]

Jack Peat by Jack Peat
2017-01-12 10:54
in Education, News
FacebookTwitterLinkedinEmailWhatsapp

The head of a chain of academy schools earned the equivalent of a whopping £25,000 a month for running the trust, it has emerged.

Mike Ramsay, 61, pocketed a total of £127,000 for just five months’ work as interim chief executive of the academy trust, which runs 21 schools.

Mr Ramsay’s firm, Hi Tech Group Ltd, were also paid to provide IT services to the trust.

Wakefield City Academies Trust (WCAT) defended the sky-high rates, saying it was in line with market rates and proper tender processes were followed when awarded contracts.

Accounts made up to August 31, 2016, showed Hi Tech Group were paid a staggering £295,926 over the previous 12 months.

The financial report said: “The payments cover the provision of IT services to Wakefield City Academy, trust adviser services, interim CEO services and the development of bespoke software.”

Mr Ramsay’s bumper £127,153 paycheck covered work for “interim chief executive services” between March and July 2016.

He was also paid £46,101 for work being an “executive adviser” to the trust between September 2015 and March 2016.

Since July Mr Ramsay was directly employed by WCAT as chief executive on a fixed-term basis.

RelatedPosts

BBC Gaza doc ‘breached editorial guidelines’, report finds

Donald Trump crashes Chelsea’s Club World Cup trophy lift 

UK must be prepared for war with Russia by 2030, former British Army chief warns

Donald Trump to be ‘denied access to Parliament’ on state visit

His contract runs up until August 31 this year.

A WCAT spokesman said: “The remuneration package covering the period March 2016 to August 31, 2017, is in line with the market.”

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← University to launch Centre for Brexit Studies ← Facebook reveals “activist” mates are actually ski w*ankers
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->