Free schools do not have to follow the national curriculum and are directly funded by central government, outside of local authority control. (bbc.co.uk)
Government bonds — Bonds issued by a central government in developed markets are often termed «risk free» given they are backed by the credit of the government. (daytrading.com)
Under the coalition government, half of secondary schools have become academies: schools that are more autonomous and funded directly by central government rather than through local authorities. (theconversation.com)