College heads across England have demanded urgent action by new chancellor Kwasi Kwarteng in tackling the soaring cost of energy bills, warning of a “serious risk to solvency”.
A joint letter penned by the Association of Colleges chief David Hughes and signed by 189 college leaders – eight out of 10 in England – said that as colleges are not protected by an energy price cap in the same way as consumers, some are now facing bills four times higher than they were paying previously.
The letter warned that there are “very serious risks to solvency and in turn UK skills development if nothing is done”.
