Two interesting reports for the Cabinet meeting on the Richmond West MAT and REEC to support the case for a loan of £400k with reserved rights to increase that to £1m for the former and £1.5m to the latter.
The report on the MAT specifies the issues that the Teddington and Waldegrave leadership teams focused on including interestingly the capital costs of adapting the school buildings for traditional pedagogy. So building work will be undertaken, as well as developing new curriculum materials, to move away from the LST educational model and funding is now forthcoming. An expensive experiment?
Richmond College is clearly facing funding issues in the interim period before the REEC is delivered. Hopefully the risk factors are not likely to materialise if this funding is put in place, especially the one that has the Council seeking a fallback site for RUTS 