Skip to main content

Out of the red

Exam giant City Guilds has moved back into profit after falling into the red last year.

The board reported a Pounds 3.8 million surplus for the year ending September 30, turning round a 1996 deficit of more than Pounds 3m. Chairman Paul Wates said income had grown by 13 per cent, mainly due to increased demand for national vocational qualifications.

Log in or register for FREE to continue reading.

It only takes a moment and you'll get access to more news, plus courses, jobs and teaching resources tailored to you