Credit Crunch Being Blamed for Closure of Oakwood Prep School

Summary


An independent Derby school, originally opened to educate the owner's children, is to close at Easter after 16 years.

Owner Rachel Bowater is blaming her decision to close Morley Hall Preparatory School on falling pupil numbers as a result of the credit crunch.

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Extract


Credit Crunch Being Blamed for Closure of Oakwood Prep School

The school in Morley Road, Oakwood, was first set up when Mrs Bowater was looking for a school for her own ch...

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