This article points to an £85m loss to reinforce the idea that UoN will run out of cash. That number includes the reval of the pointless campus and redundancy payments. Neithe affect cashflow. The truth is we made a slim profit operating (£0.8m)
www.timeshighereducation.com/news/notting...
Vice-chancellor defends deep job losses at embattled institution, insisting restructure will help it adapt to changed environment in higher education