An inspection of the London School of Business and Finance by the Quality Assurance Agency for Higher Education has concluded that the quality of some of the school's higher education offerings have failed to meet UK expectations.
LSBF has had its Tier 4 licence allowing it to recruit international students suspended. If it is found to have committed a serious breach of compliance, the Home Office could sanction both LSBF and its umbrella company, Global University Systems.
Global University Systems, the umbrella group that operates brands such as LSBF, The Language Gallery and St Patricks College, has announced it has acquired UK private degree-granting institution, The University of Law.
An alternative provider in the UK has lost its licence to recruit international students after an investigation has been launched by BIS and QAA. The news follows concerns raised over access to student loan funding at APs.
The London School of Business and Finance has had its Highly Trusted Status reinstated, allowing it to recruit international students once more, following the suspension of 57 colleges's Tier 4 licences in June. So far 25 colleges have had their licences revoked and and three have surrendered their licences.
Global University Systems (GUS) has gone public as the overarching group and brand that joins together operations including the well known LSBF business school enterprise. GUS's latest group member is GISMA Business School in Germany, rescued from insolvency.