Nottingham College's 'serious cash flow pressures' have caused the Government to step in an issue a 'financial health notice to improve'.
The Education and Skills Funding Agency (ESFA) published a financial notice to improve (NTI) for Nottingham College on Wednesday, November 18.
The college, which has sites across Nottinghamshire and around 16,000 learners, was formed following a merger between New College Nottingham and Central College in 2017. In its most recent Ofsted report, education inspectors found it 'Requires Improvement'.
Now, its finances have come under the spotlight after a letter from the EFSA states the notice to improve "is triggered by our ongoing concern over the college’s serious cash flow pressures and
link source - Nottingham Post