Holding answer received on 23 March 2020
The quality of further education (FE) providers is independently regulated by Ofsted. Financial health is regulated by the Education and Skills Funding Agency, which ensures direct accountability to ministers.
In addition, the FE Commissioner provides practitioner experience to help improve leadership and governance. This includes supporting colleges at risk (through diagnostic assessments) and highlighting best practice, supported by the National Leaders of Further Education.
We are currently considering the recommendations of the Independent Review of College Financial Oversight, carried out by Dame Mary Ney, and will publish the report and the government response in due course.