UK private schools rush to expand overseas as profits soar

Forty schools took in record 29m in 2020-21 from satellites, including in developing countries

English private schools are rushing to open lucrative satellite academies abroad, including in some of the world's poorest countries, to funnel back millions of pounds in profits to pay for their charitable obligations.

Cambodia, Bangladesh and Vietnam are among the latest targets for English private schools aiming to expand overseas, in many cases in partnership with property developers looking to build luxury developments or even entire cities.