Local government last year doubled its spending on acquiring land and buildings, according to official figures. The Department for Communities and Government has released information on capital expenditure and receipts[…]
If you’re spending on property expect auditors to take a close look asking questions about legal powers, the propriety of borrowing and value for money. Are these the magic money[…]
There were one or two articles in the national press recently about the dangers of councils investing in property. As I have written before about Wychavon’s ambitious approach to property[…]
There have been considerable difficulties running local authorities for as long can be remembered. Local government is resilient and innovative, and whenever things turn against it it moves forward in a[…]
Suffolk County Council has become a commissioning council but, Aidan Dunn argues, that means recognising the council’s primary role is now about being an economic driver to facilitate business and[…]
Part of the solution to the financial viability of schemes is how they are legally structured and how taxes, particularly stamp duty land tax (SDLT) and corporation tax, apply.
Liverpool City Council (LCC) has agreed an innovative funding deal to effectively underwrite the development of a new home for Premier League football club Everton FC. The authority has reached[…]
Croydon Council’s housing development company — believed to have the largest pipeline of any similar vehicle in the UK — says it will look to raise institutional cash in order[…]