April 16, 2018
Local authorities spend £3.8bn on commercial property in last five years
Local authorities have invested around £3.8 bn in commercial property over the last five years, a new study claims. The report (registration required) from property consultancy Carter Jonas and Revo claims that of the £3.8 bn invested, nearly half was spent on the acquisition of office space. It found that Spelthorne Borough Council in Surrey (pictured) was the largest local authority investor committing £477.1 m to assets within its domain. This is more than double its nearest rival Warrington Borough Council (£219.5 m) and is largely down to the purchase of BP’s International Centre for Business & Technology in Sunbury for £360 m.
April 2, 2018
Take up of shared parental leave is held back by cultural inertia
by Paul Kelly • Comment, Flexible working, Workplace
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