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The chair of the private University of Buckingham’s governing council has resigned, saying that he has lost confidence in the vice-chancellor and “anyone who thinks the university is in good shape is deluded”.

The resignation of Mark Rawlinson, a former chair of UK investment banking at Morgan Stanley, appointed as chair in December 2021, sees a continuation of recent turbulence at Buckingham, which was backed in its early days by Margaret Thatcher.

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