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Art college hits back in row over finances

posted 25 Jan 2011, 07:24 by David Rintoul   [ updated 25 Jan 2011, 07:36 ]

The Edinburgh College of Art (ECA) today said it would "balance its books" by the end of the year after receiving criticism from the Education Secretary over its financial management which has forced it into the impending merger with Edinburgh University.

Announcing his backing for the plans, Mike Russell said the art college's "significant weaknesses" had led to it becoming financially unsustainable and that the situation "should not have been allowed to develop".