Regional slump responsible for overall UK property fall

The New Year starts with news from Chicago based property broker Jones Lang LaSalle that investors spent some £ 30 billion on income generating property in the U.K. during 2012, about 9 percent less than in 2011. However there was a marked disparity between the London market and the rest of the UK. London deals totaled £18 billion in 2012, the highest figure for four years, while purchases outside the capital reached 12 billion pounds, the lowest amount over the same period. More →

December 31, 2012

Councils told to pool procurement resources

by Mark Eltringham • News, Public Sector

Britain’s local authorities have been told by the Government to find more ways to share back office functions and buy goods and services together to gain discounts and reduce costs. In a document, 50 ways to save: examples of sensible savings in local government, published by the Department for Communities and Local Government in December, councils were given a number of ideas about how they could reduce their annual spend. The report can be seen here.
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