August 24, 2013
UK Government encourages £1 billion council property sale to fund services
The parlous state of local authority finance in the UK is encouraging councils to behave in new ways and many are making them unpopular. From the greater use of bailiffs to attempts to increase income from local car parks, much of the current thinking on revenue generation has focussed on quick fixes as councils seek to preserve front line services. Whitehall is currently carrying out a technical consultation as it seeks to cut its funding for front line services by 21 percent over the next two years as part of the now annual debate about finding the money to do all the things Central Government expects local authorities to do. One potential solution is the sale of property according to a report that councils may be allowed to sell off buildings and reinvest the proceeds in their operations.
July 12, 2013
The challenge in Silicon Alley is providing the right quantity and quality of office space
by Charles Marks • Comment, Facilities management, Property, Workplace design
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