Cash-strapped college receives government warning

A struggling Nottinghamshire college has been given a warning from the government that it has to improve its financial improvement if it is to cotinue to receive funding.

West Nottinghamshire College, in Mansfield has received a Financial Health Notice to Improve after requesting an extra £2.1 in funding from the Education and Skills Funding Agency (ESFA).

The college is now set to be referrerd to the FE Commissioner for “an independent assessment of the college’s capability and capacity to make the required changes and improvements within a reasonable period of time”.

West Nottinghamshire College said earlier this year that it was having to let 100 staff go in order to make £2.7m worth of savings.

The college must now The college must provide the ESFA with a two-year integrated financial forecast.