College rescues training provider from administration

Middlesbrough College buys training provider TTE Technical institute, saving 70 jobs just before Christmas
16th December 2019, 3:22pm

Share

College rescues training provider from administration

https://www.tes.com/magazine/archive/college-rescues-training-provider-administration
Middlesborough College Has Rescued Training Provider Tte Technical Institute From Administration

Middlesbrough College has acquired a training provider that had been placed into administration, saving 70 jobs .

Employees at TTE Technical Institute had faced redundancy a week before Christmas.  But Middlesbrough College has now purchased the business and assets of TTE. Hundreds of students and apprentices can now complete their courses.


News: Colleges struggling to grow international recruitment

College finances: West Kent and Ashford College enters administration

Opinion: Could sharing apprentices be the answer for businesses?


The TTE brand, existing workforce and facilities will transfer entirely to Middlesbrough College’s ownership and continue to operate.

College to invest in ‘staff, investment and facilities’

Zoe Lewis, principal and chief executive of Middlesbrough College, said: “TTE has an incredibly strong reputation for providing skills locally, nationally and internationally - and we’re going to build on that.

“The TTE team is highly respected for delivering world-class training and that will continue as normal while we invest in staff, equipment and facilities.

“We will also continue to deliver and grow TTE’s international business, which works with companies in West Africa, Eastern Europe, the Middle East and Asia.”

Middlesbrough College has also renegotiated the lease on TTE’s premises in Middlesbrough, securing a future £250,000 investment in the buildings.

Want to keep reading for free?

Register with Tes and you can read two free articles every month plus you'll have access to our range of award-winning newsletters.

Keep reading for just £1 per month

You've reached your limit of free articles this month. Subscribe for £1 per month for three months and get:

  • Unlimited access to all Tes magazine content
  • Exclusive subscriber-only stories
  • Award-winning email newsletters
Recent
Most read
Most shared