Historic British school shuts down as new Chinese owner denies 'asset-stripping' allegations

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A historic British school is set to shut down as new Chinese owners deny allegations over stripping its assets.Malvern St James, a Worcestershire independent school established in 1919, will shut this summer barely 12 months after new ownership took control.It was acquired early last year by Galaxy Global Education Group, which announced plans to transition the traditionally all-girls school to co-education from September 2025.The education company, founded in 2003 by Shangmei Gao, oversees around 18,000 pupils worldwide and had pledged to revive the struggling institution.

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TRENDING Stories Videos Your Say At the time of the acquisition, she said: "We are looking forward to building student numbers and ensuring that the school's admirable ethos and values are upheld."Those plans have since collapsed, with the company confirming the school is no longer financially sustainable.Headmaster Gareth Lloyd left in January after announcing his early retirement for personal reasons midway...

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