A high-profile independent training provider, Skills Training UK, is close to collapse, FE Week understands.
The national provider, which has centres across the West Midlands, London and the South East, could file for insolvency and go into liquidation next week with the loss of over two hundred jobs.
Staff were told this afternoon that they are not required to come back to work as bosses hold crunch talks with liquidators. A final decision on the future of the business is expected early next week.
Earlier this month, Skills Training UK was one of several big name training providers that missed out on a national adult education budget (AEB) contract in the Education and Skills Funding Agency’s most recent procurement. The provided does though hold devolved contracts in London and South Yorkshire.
