Who has the title deeds for schools turned into Academies?

The Issue

Before the election councils in England held the title deeds to schools and land valued at over £2.5 billion

But most people don't know the very fine print of the academies bill means

1. The title deeds of the school and the land are transferred to a private company when the school becomes an academy

2. Michael Gove borrows £25,000 to pay the legal fees for the private companies to ensure the title deeds are transferred from the council (us taxpayers who paid to build the schools - to these private companies)

So far £1billion of title deeds for schools have been transferred from taxpayers - with Michael gove increasing the deficit by £481,750,000 - just for legal fees to transfer ownership of the schools from councils to private companies

So who has the title deeds now.

This petition had 19 supporters

The Issue

Before the election councils in England held the title deeds to schools and land valued at over £2.5 billion

But most people don't know the very fine print of the academies bill means

1. The title deeds of the school and the land are transferred to a private company when the school becomes an academy

2. Michael Gove borrows £25,000 to pay the legal fees for the private companies to ensure the title deeds are transferred from the council (us taxpayers who paid to build the schools - to these private companies)

So far £1billion of title deeds for schools have been transferred from taxpayers - with Michael gove increasing the deficit by £481,750,000 - just for legal fees to transfer ownership of the schools from councils to private companies

So who has the title deeds now.

The Decision Makers

Jeremy Corbyn MP
Jeremy Corbyn MP

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Petition created on 18 March 2016