Wise investment?

Tony Blair is planning to double the number of new city academies from 200 to 400 by 2010. The PM is pointing to the improved exam results to justify the move. But only a month a ago, an Ofsted report found that a few of the small number of exisitng academies have cost the taxpayer almost double the amount that was originally planned and some of them are still lagging behind with no real improvements.