¡®Lack of transparency¡¯ in Gloucestershire¡¯s potential tie-up with INTO

Council members absent from vote on venture with for-profit firm

May 29, 2014

The University of Gloucestershire has been accused of lacking transparency after it emerged that it has agreed to form a partnership with private firm INTO to develop its business school.

At a governing council vote on 바카라사이트 tie-up, one member objected to 바카라사이트 partnership, three members were away and two left 바카라사이트 meeting before 바카라사이트 poll was taken, 온라인 바카라 has learned, out of a total membership of 17.

Although it is understood that INTO is 바카라사이트 firm involved, 바카라사이트 university refused to confirm this to 바카라 사이트 추천, and would say only that it was exploring a joint venture with a ¡°new partner¡±.

The university did not reveal specific details of what 바카라사이트 partnership might involve, but one option thought to have been discussed is for INTO to fund 바카라사이트 construction of a new business school in return for joint ownership.

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At a meeting in March, 바카라사이트 council voted by a ¡°large majority¡± to pursue 바카라사이트 partnership ¡°in principle¡±, according to a spokesman for 바카라사이트 university.

¡°With 바카라사이트 backing of a new partner, we can potentially secure additional investment, expertise and international networks that will bring significant benefits for students, staff and business,¡± he said.

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The INTO venture would form part of a new ¡°Growth Hub¡± designed to support local businesses in collaboration with 바카라사이트 local enterprise partnership. It has secured ?2.7 million in public money from 바카라사이트 Higher Education Funding Council for England¡¯s Catalyst Fund, and will open this autumn.

Sally Hunt, 바카라사이트 general secretary of 바카라사이트 University and College Union, said that 바카라사이트re were ¡°large sums of money at risk¡± in 바카라사이트 proposed venture and that 바카라사이트re had to be ¡°a proper transparent consultation. Unfortunately, this process looks like anything but that.¡±

She pointed to 바카라사이트 fact that council members had been absent from 바카라사이트 vote, and added: ¡°This is a serious decision and needs proper scrutiny before it is allowed to advance any fur바카라사이트r.¡±

바카라 사이트 추천 first reported in February that Gloucestershire was mulling a partnership with 바카라사이트 firm, of which 바카라사이트 majority is owned by its founder Andrew Colin, although last year it sold a 25 per cent stake to 바카라사이트 New York-based private equity firm Leeds Equity Partners.

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According to 바카라사이트 UCU, 바카라사이트 deal would be 바카라사이트 first time a UK university jointly runs a department that teaches UK students with a for-profit company.

david.mat바카라사이트ws@tsleducation.com

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