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The government has approved around £330 million to cover the cost of implementing post-area review changes so far. The figure, which amounts to 45 per cent of the £726 million on offer, was revealed in the latest Education and Skills Funding Agency progress report on the restructuring facility, which closed last month. Although it is […]
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The government is expecting to spend up to £7.5 million over a 15 month period to cover the cost of the legal work carried out by practitioners and consultants for its new college insolvency regime. The vast amount is being set aside despite the Department for Education admitting college insolvency would be an “unlikely event”, […]
A cash-strapped London college’s merger with a nearby university has finally been given the official stamp of approval. Lambeth College will join forces with London South Bank University by January 2019, the university has announced. The on-off partnership, first announced more than 18 months ago, will be backed by almost £30 million in government bailout […]
A partnership that was bitterly opposed by a local council, and the first university-college link-up in six years, are among four mergers set to go through on August 1. They are among 17 partnerships due to be formalised this year, despite Ofsted’s recent warning that bigger colleges are not always better. Financially stricken Epping Forest […]
Colleges that get into financial difficulty will still need funding to “oil the wheels” once the bailout tap has been turned off, the FE commissioner has said in an exclusive interview with FE Week. Struggling colleges currently have access to the restructuring facility and exceptional financial support (EFS), but these will each be withdrawn later […]
An impoverished college caught in a row over job cuts has received a £54 million bailout. The eye-watering sum reportedly awarded to Hull College from the restructuring facility is believed to be the highest ever given to an English college. A college representative let slip the sum during the University and College Union’s congress in […]
An autumn of discontent over college pay could be on the cards, after University and College Union members voted unanimously for escalating action if the Association of Colleges fails to meet their demands over next year’s claim. The motion on action over FE pay was passed at the UCU’s 2018 Congress in Manchester this morning, […]
The Association of Colleges has backed down in its argument with the FE unions on next year’s pay claim – even though disputes over this year’s deal are ongoing. Earlier this month the AoC said it was “not minded to consider” a pay claim for 2018/19 while members of the University and College Union were […]
London has been a hotbed of industrial unrest this week – but the Association of Colleges is claiming that strikes at colleges across the capital have had no negative impact on learners sitting exams. Members of the University and College Union took action at Lambeth College, Lewisham Southwark College and the Capital City College Group, […]