A London council is offering to loan a local academy £1million to help its bid to take over running the troubled Holland Park School.
Kensington and Chelsea Council is “putting its money where its mouth is” and plans to loan the money to Kensington Aldridge Academy (KAA).
The council wants KAA, which is next to Grenfell, to run the failing Holland Park school instead of it being transferred to United Learning, the largest multi-academy chain in the country.
But the offer of a loan comes as the Regional Schools Commissioner announced that Holland Park school be transferred to United Learning.
The Advisory Board of the Regional Schools Commissioner will now discuss the move and give advice to schools minister Baroness Barran, who will make the final decision.
