Industry Analysis & Industry Trends
The Primary Education industry consists of almost 20,000 schools throughout the United Kingdom. Approximately 93% of primary school pupils attend state funded schools and academies, with the remaining enrolled at independent schools. Education funding is fairly safeguarded from external economic shocks and, although the recession dampened growth in education funding, no radical changes to primary education budgets have been made. This has aided the Primary Education industry by creating a relatively stable operating environment.
The government has converted a number of local authority-maintained primary schools into academies, which are centrally funded... purchase to read more
Industry Report - Industry Investment Chapter
The Primary Education industry has a moderate level of capital intensity as the main expense for schools is wages. Primary schools employ full-time qualified teachers and support staff such as teaching assistants, special needs support staff, secretaries, bursars and technicians. Schools require a particularly high level of labour because pupils must be supervised at all times. The proportion of part-time staff has increased over the past five years as part of a government attempt to increase academic quality in primary schools and increase support in classrooms. Wages are estimated to account for 53.8% of revenue in 2014-15.
Capital expenses, by comparison, are small, representing 8.5% of industry revenue... purchase to read more