commercial investment

• Reform outsourcing to avoid £30bn bill, think-tank warns

  Bringing outsourced services in-house would cost local government billions, a think-tank has calculated.

  

• Channel 4 announces list of potential locations for new national headquarters

  Channel 4 has announced that Leeds, Greater Manchester and Birmingham are still in the running to host its new national headquarters.

  

• Councils spend £3.8bn on commercial property, study reveals

  Local authorities spent nearly £4bn on commercial property assets in recent years, a new study into the issues facing the UK’s town centres has revealed.

  

• Councils lack PFI management skills, claims report

  Local authorities lack the skills necessary to manage Private Finance Initiative (PFI) contracts and risk not getting the best value for money, new research has warned.