Maidwell Hall, a 114-year-old private school attended by Earl Spencer, is set to close this summer due to financial difficulties exacerbated by Labour's VAT charge on school fees. The closure also comes amid an investigation into allegations of non-recent sexual abuse at the school. The school had been operating at a loss for several years and was further impacted by the announcement of VAT on school fees and the elimination of business rates relief. This closure follows the announcement of the closure of Loughborough Amherst School, another private school, due to similar financial challenges.