The Dfe has announced the publication of Dame Mary Ney’s review of the way government exercises its oversight of college finances and financial management. Her report, completed in October, contains a series of recommendations to strengthen current arrangements, including changes to the government’s relationship with colleges and improving financial stewardship, governance, and intervention. The government’s response to the report sets out a number of actions following the report’s recommendations, including strengthened alignment between the Further Education Commissioner and ESFA, a regular strategic dialogue led by the ESFA and Further Education Commissioner’s team with all college boards around priorities, new whistle-blowing requirements for colleges, a review of governance guidance to strengthen transparency and a new College Collaboration Fund round.
