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 - 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