HC Deb 18 February 1997 vol 290 c455W
Mr. Gordon Prentice

To ask the Secretary of State for Education and Employment if she will take steps to assist further education colleges running operating deficits to restore their financial health without jeopardising the quality and scope of the education offered. [16102]

Mr. Paice

Colleges are independent, autonomous bodies and are responsible for managing their own financial affairs. The Further Education Funding Council has effective arrangements in place for identifying colleges in financial difficulty and for working with them to recover their financial health.