Tuesday, 17 July 2018

Government Plans To Save A Further £3.6bn From Property Sales Over Next 20 Years


The Government is planning to save around £3.6bn in the next two decades by dramatically scaling back its property estate as part of a sweeping cost-cutting drive. The Cabinet Office will outline plans to move thousands of public sector jobs, including senior roles, out of London by 2030, reducing Whitehall buildings from around 65 to 20 over the same period. Around 20 so-called Government "hubs" will be set up in the regions by the end of this parliament in 2022. In total, the strategy commits to reducing the number of government-owned office buildings from 800 to under 200. Read more on the Daily Telegraph website.

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