Private university to pay £37,000 after missing multiple deadlines and creating ‘significant regulatory risk’
The University of Buckingham has been fined by England’s higher education regulator for missing multiple deadlines to publish its audited accounts, creating “a significant regulatory risk” in the event of financial failure.
Officially opened by Margaret Thatcher as education secretary in 1976 – becoming the UK’s first private university since the first world war – Buckingham is the first university to be fined by the Office for Students (OfS).
Private university to pay £37,000 after missing multiple deadlines and creating ‘significant regulatory risk’ The University of Buckingham has been fined by England’s higher education regulator for missing multiple deadlines to publish its audited accounts, creating “a significant regulatory risk” in the event of financial failure.Officially opened by Margaret Thatcher as education secretary in 1976 – becoming the UK’s first private university since the first world war – Buckingham is the first university to be fined by the Office for Students (OfS). Continue reading…