Articles tagged with: cuts

2/11/10 12:25 pm

Defence Estates, the Ministry of Defence’s property arm, is set to become a larger vehicle called Defence Infrastructure, with responsibility to provide facilities management and utilities to the department.
Speaking today at the Public Property Summit in London, Defence Estates deputy chief executive David Olney said the body was likely to …

2/11/10 9:28 am

The UK must grin and bear the coalition’s cuts in order to cut the deficit as Canada did during the 1990s, according to the former British high commissioner to Canada.
Speaking yesterday at the Public Property Summit in London, Sir Nicholas Bayne, who is also a fellow of the London School …

29/10/10 5:21 pm

The London Development Agency is set to cut 216 workers as its 2011-12 budget is set to be reduced by around two-thirds.
The LDA today told workers that the number of staff next year would be reduced from 324 to 108 workers.
It also said its budget would be £56m in 2011-12, …

29/10/10 9:41 am

Private sector companies won’t be able to fill the financial gap caused by savage cuts to regeneration budgets, the Local Government Association has warned.
The LGA has responded to the government’s white paper on local growth, published yesterday, by saying that private sector partners will not be able  to make up …

28/10/10 11:24 am

England’s regional development agencies have lost 424  staff in total since the general election in May, Public Property UK can reveal.
The bodies, which are due to be abolished by April 2012 and employ around 2,500 staff, have recently finished a first wave of voluntary redundancies and are set to cut …

26/10/10 5:11 pm

The government is set to spend up to £1.4bn over the next four years on regional development agency projects and the cost of dismantling the regeneration bodies.
The government has today confirmed that it will be forced to keep spending on the doomed regional development agencies until 2015. It will also …

22/10/10 10:59 am

Birmingham City Council is set lose 79 full-time posts as it merges its planning and regeneration departments into a single team.
Its plan will mean cutting the team by one third, and setting up smaller planning and regeneration teams based in different areas across the city. It means all staff in …

20/10/10 12:31 pm

Ian Ellis, exec chairman of property outsourcing giant Telereal Trillium, explains how the Comprehensive Spending Review will affect his company, including an anticipate 20% drop in profits from the public sector side of its business.
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There is no way you can have an order book shrunk and not have a drop …

20/10/10 10:11 am

As property braces itself for the Comprehensive Spending Review, Nick Johnstone considers the repercussions of a “once-in-a-century” moment in government property policy.
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A scruffy 200,000 sq ft office block is about to come on to the market in Edinburgh. Its occupier, the Department for Work and Pensions (DWP), is cutting costs …

Spending Review: Britain braced for £83bn cuts
20/10/10 9:19 am

The country is bracing itself for £83bn of public sector spending cuts that chancellor George Osborne is due to set out this lunchtime.
Today, Osborne is going to announce the results of the Treasury’s comprehensive spending review, which the government expects to lead to the loss of 490,000 public sector jobs …

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