The Open University sparked new fears for its future yesterday as it warned its deficit is set to swell to £30million. This followed staff opposition to his plans to cut courses and jobs as part of a £100million savings drive. However, it told Times Higher Education (THE) that it had ‘a projected operating deficit of around £30million’ for the current academic year. Birkbeck, University of London, which specialises in evening courses, has returned an underlying deficit of £518,000. The weakened finances of the UK’s leading part-time education providers are likely to strengthen calls for England’s post-18 education review to recommend policies to protect this area when it reports in early 2019.
Source: Daily Mail December 15, 2018 00:22 UTC