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Baring the cost

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Published on
March 10, 1995
Last updated
May 27, 2015

The Higher Education Funding Council for England expects to be repaid in the next few days after lending Birkbeck College almost Pounds 2 million to cover funds frozen in the Barings collapse. The money - part of Pounds 6.5 million which Birkbeck had with Barings - was needed to pay salaries and bills at the end of February. The college expects the cash to be unfrozen soon.

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