"... discussions relating to takeovers taking place in private... "
If other asset-rich large charities were talking about takeovers by private (presumably for-profit) buyers, would media and regulators take more interest?
UK university sector ‘could lose 10,000 jobs this year’, warns UEA VC.
David Maguire said no UK institutions were immune to the risks, since all providers are “severely bound by the success of the sector”
If one domino falls...
https://t.co/mSDpcBZ6hJ
A quick and dirty chart based on HESA data for 31 July 2023.
This shows cash days at each established UK HEI. The ones on the left have cash too low for comfort. Potential "distress"
The ones on the right have "excess reserves" (CC19 guidance).
@mike_rat Clearly it's the intention but, as I explain (sorry to mention it again but yes in my book!) , I don't think it's that straightforward - neither the Act nor the framework prohibits it
@mike_rat Yes, all addressed in my book, in the light of charity law context and obligations on the part of both charity and government (and specifically in relation to universities obviously)
We’ve ended up where 2024 home UG students will continue to on average pay much more over their lifetime than they did in 2014 – only to have a third less spent on them each. @jim_dickinson also highlights the excessive profits of some franchises.
https://t.co/gIgxpQ8bO7
@mike_rat In a way the approved category is subject to less regulation (in terms of APS rather than APP), but the real question is why more charitable universities are not in the Approved category (which, arguably, accommodates their charitable status more closely)
It’s a year since the consultation on a new approach to regulating harassment and sexual misconduct in English HE closed. I have a look at how that’s been noted in reports to the OfS board.
https://t.co/LFPaWrBUsJ