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The article discusses a study by the Independent Schools Association into British independent schools' attitude toward free school status. It comments on the reduction of autonomy that is associated with free schools, as well as the economic aspects of the decision to apply for free school status. It addresses concerns of independent schools over politics' effect on school functioning.

The article reports on the impact of the new early-years funding program of the government on the budget of the primary and secondary schools in Great Britain. According to National Association of Head Teachers (NAHT) consultant George Phipson that the new early-years formula is part of the scheme of local authorities on their run-up for the general election. He warns that these schools can avert the effect of the formula on their budgets by joining in the setting process through school forums.

Reports on the controversy between the British Labour party and the public schools over the assisted places scheme in Great Britain. Four independent schools that received more than a million pounds each in 1992-1993; Opposition by Labor to the means-tested scheme introduced by the Conservatives in 1981; Introduction of the scheme by the former education secretary Mark Carlisle in the 1980 Education Act.

Reports on the opposing views of British grant-maintained school heads over the new funding system. Criticism of the Common Funding Formula (CFF); Clamor for needs-based funding formula.

Reports on the management buyout planned by the staff and former pupils of the Allhallows public school in Devon, Great Britain. Decline in the number of pupils and income of the school; Drafting of business plans and marketing strategies for the school; Staff and former pupils' efforts to raise one million pounds for the school.

Reports on the appointment of five education authorities to develop the common funding formula (CFF) for grant-maintained schools. Statistics on Hillingdon, Bromley, Essex, Calderdale and Gloucestershire authorities regarding opted-out schools.