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20 April 2026

£2m bank charge for college clearing debt with bailout

A cash-strapped college has spent almost £2 million of the bailout cash it received from the government on bank charges – although it has actually saved money. Stoke on Trent College successfully bid for a reported £21.9 million from the Department for Education’s restructuring facility in September. According to its recently published 2017/18 accounts, £1.93 […]