Written question asked by Huw Edwards (Labour) on Wednesday, 28 October 1998, in the House of Commons. It was due for an answer on Tuesday, 3 November 1998. It was answered by Lord Hain (Labour) on Tuesday, 3 November 1998 on behalf of the Welsh Office.

Welsh Office

Question: To ask the Secretary of State for Wales, if he will comment about the current financial situation at Gwent Tertiary College; and how many members of staff are to be made compulsorily redundant. - Inc figures.

Answer: Mr. Edwards: To ask the Secretary of State for Wales if he will make a statement about the current financial situation at Gwent Tertiary College; and how many members of staff are to be made compulsorily redundant. [57901] Mr. Hain: Gwent Tertiary College's provisional financial statements for the year ended 31 July 1998 record an operating cost deficit of £946,000 and an historic cost surplus of £157,000 with a turnover of £34 million. The forecast for the current year is an operating cost deficit of £961,000 and an historic cost surplus of £243,000 with a turnover of £31.1 million. The College has no plans to make members of staff compulsorily redundant.

Secondary information