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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 5 May 2021
  6. Current session: 12 May 2021 to 1 July 2025
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Displaying 2855 contributions

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Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

Fifteen days’ cash?

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

That means that you have only enough cash to carry on for seven days.

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

Could a college get into the same situation as the University of Dundee, in which it has to come to the SFC and ask for a chunk of further money, or can we be sure that that will not happen, because there is a different way of doing things?

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

What do you get at the centre? Do you get monthly accounts from each college or something like that?

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

I will continue from where I was before.

Professor Powell, you said at one point that you were getting only £170,000—I think—from grants. I will pursue the point about the loans that you are getting; presumably you would rather have grants than loans. Are you able to get that financial transactions money because you are a university, whereas the college side would not be able to get it? Is that correct?

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

Are colleges able to get financial transaction money?

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

I assume that it is because you count as being in the public sector, and such money has to go to outside bodies.

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

Financial transactions money cannot do that. That clarifies that a little bit—that is helpful.

I will come back to Professor Powell on a minor point. I was looking at the accounts of all three of the institutions that are here today. I noticed that yours go to 31 March while those of everybody else go to July. Can you explain why yours go to March?

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

Professor Wayne Powell, you mentioned financial transaction money in your submission. Will you explain how you were using that and why it got lost, or whatever it was?

Education, Children and Young People Committee [Draft]

Colleges (Financial Sustainability)

Meeting date: 18 June 2025

John Mason

Okay—I will leave it at that for now.