The trust responsible for three Lubavitch state schools has received an official warning over its finances.
Mike Pettifer — director of the academies and maintained schools directorate of the Education and Skills Funding Agency (ESFA) — said concerns remained over “the weak financial management and governance arrangements” at the Lubavitch Multi-Academy Trust.
Writing to it last month, he warned that failure to comply with requirements could “lead to termination”.
The trust, which oversees the Lubavitch senior girls’, junior boys’ and junior girls’ schools in Hackney, had a deficit of nearly £1.5 million in 2019, according to its most recent accounts.
