Source · Select Committees · Industry and Regulators Committee

Recommendation 23

23 Paragraph: 138

HEFCE, the OfS’ predecessor, had the ability to facilitate and broker mergers and consolidations of...

Conclusion
HEFCE, the OfS’ predecessor, had the ability to facilitate and broker mergers and consolidations of providers where there were difficulties, facilitating planned solutions rather than disorderly exits. It is not clear whether either the OfS or the Government has taken on any strategic oversight of the sector in this vein, despite an apparent expectation of greater consolidation of providers through mergers.
Paragraph Reference: 138
Government Response

A response document is linked to this report, dated 28 November 2023. Response attribution to this conclusion has not been verified. Read the response document ↗