The Caithness Business Index has posted the following article:

Colleges' Financial Health Improves But Challenges Remain

[IMG]//caithness-business.co.uk/image_cache/na8440_tn.jpg[/IMG] A deal to harmonise staff pay at a cost of £50m a year will absorb projected savings from the reform of Scotland's colleges, says the Auditor General. Caroline Gardner's annual report on colleges says the sector reported a very small surplus in its underlying financial position in 2016/17, compared to the previous year's £8m deficit. [Read Full Article]