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5 June 2026

Bank forced to gift millions to college

Government officials forced a major bank to halve a £40 million unsecured loan after threatening to put a college into insolvency. In a highly unusual move, Lloyds Banking Group agreed to slash Bradford College’s debt to £20 million in return for halving the write-off costs with the Department for Education. The details of the last-minute […]

Huge adult education budget procurement underspend by colleges

Colleges underspent their original funding allocations awarded through the controversial 2017-18 adult education budget (AEB) procurement by a huge 26 per cent, new FE Week analysis has shown. In stark contrast, all other providers exceeded their initial contracts by 31 per cent. On top of this, four of the 19 colleges that won in the […]

No mega-merger for Cornwall College after securing £30m bailout

Cash-strapped Cornwall College Group has secured a £30 million government bailout to drive forward its “fresh start” business plan, but questions continue to loom about whether campuses will be sold off. The group, which has eight sites across the South West, was told it was not financially “viable or resilient” and had “weak solvency” in […]

DfE seeks company for £20m contract to supply sanitary products to colleges

The government will spend up to £20 million supplying free sanitary products to schools and colleges across England, it has emerged. The chancellor Philip Hammond announced in his spring statement that all secondary pupils and college students would get access to free sanitary products from September this year in a bid to fight period poverty. Details […]

PM frontrunner pledges greater investment in ‘our amazing FE colleges’

Conservative leadership favourite Boris Johnson has said he would “do more to fund our amazing FE colleges” if he won the race to be the country’s next prime minister. In a speech launching his bid to be PM on Wednesday, he reiterated his pledge to “end the injustice of the education funding gap in primary […]

FE Week wins loan law battle

Victims of a long-running FE loans scandal are set to benefit from new legislation that gives the education secretary powers to clear their debt – representing a huge win for FE Week’s #SaveOurAdultEducation campaign. From July 1, 2019 the government will be able to cancel all or part of an advanced learner loan for learners […]