The investment presentation on Monday last week by private education conglomerate AdvTech — which has seen its schools division stuttering in recent years — did a lot to soothe shareholders in such nerve-racking times.

The key take-away was that capital expenditure plans are being reconsidered — and this means no new schools are planned for opening in 2021...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now