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Written question asked by Matthew Offord (Conservative) on Monday, 19 February 2024, in the House of Commons. It was due for an answer on Wednesday, 21 February 2024. It was answered by Robert Halfon (Conservative) on Tuesday, 27 February 2024 on behalf of the Department for Education.

Middlesex University: Finance

Question

To ask the Secretary of State for Education, if she will make an assessment of the financial sustainability of Middlesex University.

Answer

The Office for Students (OfS), as the independent regulator of higher education (HE) in England, collects and analyses financial data from HE providers, as well as other intelligence, to ensure they have an up to date understanding of the sustainability of the sector.  In their most recent report on the financial health of the HE sector, which was published in May 2023, the OfS stated that the overall aggregate financial position of the sector is sound.

The full report can be found here: https://www.officeforstudents.org.uk/media/0b7d9daa-d6c7-477e-a0b2-b90985d0f935/financial-sustainability-report-2023-updated-june-2023.pdf.

The department continues to work closely with the OfS, HE representative bodies, as well as other government departments, where appropriate, to understand the ongoing financial sustainability in the sector.

Middlesex University’s most recent financial statement can be found here: https://www.mdx.ac.uk/__data/assets/pdf_file/0017/770102/MDX_Financial_Statements_2022-2023.pdf.

Secondary information

Type
Written question
Reference
14541
Session
2023-24
Grouped for answer
Yes
Subjects
Finance Middlesex University
Contains statistics
Yes
Link
View this Written question on www.parliament.uk