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The 7,500 academies in England educate nearly 4 million pupils. Thousands of pupils are being failed by a system that fails to give academy trusts proper oversight. The public accounts committee reported that governance of academy trusts must be strengthened and that the Department for Education’s oversight must be more rigorous. MPs have called for new sanctions to deter and punish malpractice after hearing that the former head of Durand Academy in south London was paid an £850,000 severance package.

Amid a period of growth for the higher and further education sectors, with some institutions investing millions of pounds in new building projects and developments, officers want to highlight how organizations can be left vulnerable to the risk of money laundering, fraud, and cybercrime. Institutions also have a duty to ensure that workers in the supply chain are not being exploited as victims of human trafficking.

There has been a tenfold increase in the number of students using a false alternative address while living at home to claim for a higher rate of living costs, according to figures released by the ministry of higher education and science, and more than three-quarters of those caught cheating were international students. In 2015 only six students were identified as having cheated with regard to the address provided; and for the first 10 months of 2017 the number was 66. Of these, 50 were either immigrants or children of immigrants, while 16 were Danish citizens, the ministry indicated.

Elite universities in the United States and the United Kingdom have been investing endowment funds offshore in order to pay little or no tax, according to details revealed in the so-called Paradise Papers. According to the student run Fossil Free Pitt Coalition “We are concerned about the lack of transparency, as two-thirds of the endowment is just a mystery to us. We are suspicious about where that huge segment of the endowment is going.” An emeritus professor in accounting at the University of Essex, told the newspaper that UK universities should be more transparent about their investment decisions, since they are public institutions that receive public money, including from the European Union.