DfE has spent £700m propping up further education in England
Almost half of FE and sixth form colleges have required financial help, report reveals
Almost half of further education (FE) and sixth form colleges in England have required government intervention because of financial difficulties after years of funding cuts, according to the public spending watchdog.
The National Audit Office (NAO) says the Department for Education (DfE) has spent more than £700m in emergency funding to tackle financial problems in the sector and keep individual colleges afloat.
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