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University of Dundee bosses quit after 'scathing' report into financial crisis

  • A damning independent report led by Professor Pamela Gillies was published on Thursday accusing Dundee University leaders of covering up the institution's true financial state and breaching ethics.
  • The report identified failures in financial monitoring, governance, and misleading public statements amid a major drop in overseas postgraduate recruitment and an £8m savings gap left unaddressed.
  • Following the report's release, interim principal Shane O'Neill and two senior governing body members resigned immediately, with criticism focusing on overconfident, top-down leadership that discouraged challenge.
  • The university faced a self-inflicted £35m funding black hole, prompting a £22m Scottish Government bailout, while tuition fee income was over-budgeted by £28.1m and nearly £40m of ringfenced funds were misused.
  • Education Secretary Jenny Gilruth called for serious questions to be answered by the university's management, welcomed leadership changes, and pledged a detailed parliamentary update and government support next week.
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BBC News broke the news in United Kingdom on Thursday, June 19, 2025.
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