According to this report from the BBC Des Smith, the Head Teacher who was involved in the City Academies Project is not to be charged.
Undercover reporters from the Times posing as potential sponsors of city academies recorded conversations with him in which he appeared to suggest that people sponsoring academies would get an honour.
It appears that for the CPS this is not enough. Personally I can't see why. That looked liked the nearest thing to bang to rights to me. However, the conversation was over a boozy lunch apparently.
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