Industry Analysis & Industry Trends
The Primary Education industry teaches almost 5 million students across the United Kingdom. The industry does cover independent schools, but 93% of primary school pupils attend state-funded schools, including academies and free schools. Independent schools enrol the remaining 300,000 pupils. Primary schools have largely been spared from the spending cuts announced by the government in late 2010. Funding has risen throughout the five years from 2009-10 in nominal terms. However, this translated into minor decreases in real revenue over the three years though 2012-13.
The government has converted a number of local authority-maintained primary schools into academies, which are centrally funded... purchase to read more
Industry Report - Starting a New Business Chapter
There are high barriers to entering this industry, largely because there is so much government regulation of schools. Most UK pupils attend maintained schools, which are controlled by the governments of England, Wales, Scotland and Northern Ireland. The decision to establish a new school is based on factors such as population growth, age demographics and existing school facilities.
Regulation applies not only to maintained schools but to privately funded independent schools as well. Complying with government requirements and regulations involves ongoing administrative costs, which may prove a deterrent to new entrants. Land requirements are another barrier that can prevent the establishment of new schools, especially in highly populated areas... purchase to read more