My hon. Friend makes an important and alarming point. Like many other trusts, the Inspiration Trust has already gobbled up tens of millions of pounds worth of public land and buildings and now, emboldened by the Bill, it finds its appetite whetted for yet more pickings.
Last year, using freedom of information requests, an investigation by The Guardian revealed that academy schools have paid millions of taxpayer pounds into the private businesses of directors, trustees and their relatives.