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, …

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 …

The Greater London Assembly has today demanded “urgent clarification” following reports that the London Development Agency was set to lose its £156m non-Olympics budget in the next financial year.
Len Duvall, the chair of the London Assembly’s economic development, culture, sport and tourism committee has written to the mayor’s economic development …

Tony Reeves, chief executive of Bradford City Council, explains how today’s Comprehensive Spending Review will affect his city, including job cuts of up to 3,000 and £1bn being taken out of the local economy.
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Bradford City Council has 20,000 employees. We can expect to have 3,000 fewer by the end of …

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 …

North West Development Agency chief executive Steven Broomhead is to step down from his post.
Broomhead, who was appointed in 2003 to the regional development agency (RDA), said today that he would take early retirement. He is the latest in a string of high profile staff members to leave RDAs, which …

The Olympic Park Legacy Company’s ability to maximise the economic benefits from the Olympic Park and the 2012 Games has been challenged by the London Assembly.
In a report out this morning, the assembly raises concerns about the implications of transferring and Olympic Park to the legacy company and highlights “a …

Regional development agency Advantage West Midlands has today revealed 121 projects that are losing almost £37m of public sector funding in this financial year.
Schemes that have lost more than £1m each include Edgbaston Cricket Ground’s redevelopment, West Bromwich town centre’s Liberata Building, and a set of new science and agriculture …

Stoke-on-Trent City Council has suspended six regeneration officers as part of an inquiry into alleged breaches of contract procedural rules and financial regulations.
The suspensions are linked to a wider police investigation into the council’s tendering processes for demolition work. As part of the inquiry, police officers issued a search …

Most of the 56 bids to form local enterprise partnerships (LEPs) are not good enough, according to business secretary Vince Cable.
Speaking at the Liberal Democrat conference in Liverpool this week, Cable said three quarters of the bodies that are proposed to replace regional development agencies (RDAs) would need “a lot …