Monday, June 01, 2009

What do you call a group of college finance directors?

Tomorrow I am off to the Association of Colleges’ Finance Directors' conference. The cynics might suggest that a meeting of a few hundred accountants would never be fun but this year there'll be extra despondency thrown in with LSC capital funding crisis and the imminent tightening of the screw in public finances.

This week’s Times Education Supplement quotes the chair of the College Finance Directors’ Group suggesting that half of England’s FE colleges could be categorised as economically vulnerable over the next two years. He also predicts swathes of redundancies across the country.

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