The UK’s oldest private university has been fined by the English sector regulator for filing its 2019 accounts more than two years late.
The University of Buckingham has been ordered to pay £37,231 – 0.1 per cent of its qualifying income – for breaching a condition of its registration with the Office for Students.
The regulator said the deadline for filing the 2019 accounts had been the end of May 2020, and that three extensions had been granted “for various reasons, including complexities the provider reported in completing the external audit…and the impact of the coronavirus pandemic”. But when the institution missed its final deadline, set for the end of January 2021, the OfS decided that Buckingham was breaching the conditions of its registration.