
Dundee University Secures £40m Bailout Amid Deepening Financial Crisis
The Scottish Government has stepped in with an extraordinary £40 million financial rescue package for the University of Dundee — marking the first time ministers have ever directly ordered such intervention. First-of-its-Kind Funding Move to Avoid Institutional Collapse This isn’t just a big number. It’s a historic first. For the first time under the Further and Higher Education (Scotland) Act 2005, the Scottish Government has used its powers to direct the Scottish Funding Council (SFC) to deliver targeted funding with strict conditions. The £40m will be allocated over two academic years. Education Secretary Jenny Gilruth insisted this wasn't a “reward…