The government had to promise a last-minute gift of £4.55 million to avoid a National College being unable to sign off last year’s accounts. The unplanned bailout to the National College for High Speed Rail came on top of an additional in-year £3.6 million working capital loan from the DfE. Accountants forecast a £7.5 million … Continue reading HS2 college needed last-minute DfE bailout to sign off accounts