One of Exeter's private schools is to close at the end of the academic year.
Governors at St Margaret’s School in Exeter took the decision after it became clear that projected attendance figures for 2013-14 meant the school was no longer financially viable.
All teaching staff will stay until August.
A three year plan was put in place with a view to steering the school to profitability, but after the entrance examination, it became clear that this was not achievable.
I would like to take this opportunity to thank Acting Head Lee Bergin and all our teaching and support staff for their hard work.
Our pupils remain our utmost concern during this difficult time. Everything possible will be done to minimise disruption and ensure they continue to receive the same high standards of educational and emotional support that St Margaret’s has always provided for the remainder of the academic year.
– William Long, Chairman of Governors at St Margaret’s School
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