Britain’s educational empire

Late last year Britain’s independent schools received a wake-up call. Andrew Halls, headmaster of King’s College School in Wimbledon, delivered it. Far too many of them, he said, have become the ‘finishing schools for the children of oligarchs’ because of an ‘apparently endless queue’ of wealthy foreigners who have pushed fees sky-high; there’s a ‘fees time bomb ticking away’ and one day, when it explodes, a lot of these schools are going to be screwed. It really was that blunt. Cue cheers from struggling parents all over the country, and squeals from school governors, who’d rather no one asked too many questions about the £30,000 price tag on a child’s yearly education.

Martin Stephen, the former High Master of St Paul’s School, once issued a similarly forthright warning about extortionate fees in the pages of the Daily Telegraph: ‘I was rapped so hard on the knuckles that I nearly lost my hands,’ he remembered recently.