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  This is not the way to run a dance hall............
  
  Cash for classrooms: Michael Gove plans to let firms run schools for profit
  
  Exclusive: Details leaked by Department for Education insiders concerned that he is going
  
  too fast and too far
  
  Academies and free schools should become profit-making businesses using hedge funds
  
  and venture capitalists to raise money, according to private plans being drawn up by the
  
  Education Secretary, Michael Gove.
  
  Details of discussions on the proposed redesign of academy regulations were leaked to
  
  he Independent by Department for Education insiders who are concerned that Mr Gove is going
  
  too fast and too far in his ambition to convert all 30,000 schools in England to academies.
  
  They are worried that the new setup will divert cash from classrooms, limit the availability of
  
  "expensive" subjects such
  
  as music and science and end the public service vocation of teachers. They want to see an end
  
  to the secrecy over the proposed reforms, which have not been publicly announced.

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