UkeU- the extent of the financial fallout

Don McLeod, over at the Guardian, is still keeping up with the in's and out's at UkeU. In E-university creditors make net loss he reports that universities owed monies will receive just less than a fifth of what they are owed in an agreement with the auditors winding up the company.
In a related article, he also reports on the reappointment of David Young as Hefce's chairman by the government.

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