finance | FE Week

Finance T Level faces write-off after no AOs bid to run it

Wave 3 generation 2 competition also sees engineering licenses transfer to Pearson from City & Guilds

IFS: 16-18 funding needs extra £150m by 2028 to maintain real-terms spending

Limitations in the post-16 white paper, college deficits and pressures from student numbers, staff retention and SEND needs all make for a ‘challenging’ year for FE

Wolverhampton college freed from intervention after 12 years

The college’s financial health improved to ‘good’ after DfE agreed to take on part of a £10m debt

FE’s educational ethos is being overshadowed by market logic

The vocabulary of employability and finance is taking over, writes Zahid Naz In recent years there has been a shift away from the social values of education towards a form of economic rationality with two main concerns. This can be seen in the strategic direction of policy initiatives, such as the 2019 education inspection framework […]

Agency boss writes warning letter to all college principals

The outgoing boss of the Education and Skills Funding Agency has fired a warning shot across the bows to all colleges on the importance of reliable financial and data management. Peter Lauener (pictured above) reminded college principals– or “accounting officers” – of their responsibilities in this area and the consequences of failing to meet them, […]