In Brief

Trusted article source icon
Thursday, March 14, 2013
Profile image for Hull Daily Mail

Hull Daily Mail

FINANCE: Government departments have raised about £62m in Yorkshire and the Humber by selling surplus land and property.

The cash forms part of £1bn raised across the UK since May 2010.

Cabinet Office Minister Francis Maude, pictured, said: "It's remarkable the Government was paying for property that it just wasn't using.

"That kind of waste is always unacceptable – but is completely unjustifiable when we are trying to reduce the deficit and get ahead in the global race."

Business Cards From Only £10.95 Delivered www.myprint-247.co.uk

myprint-247

View details

Print voucher

Our heavyweight cards have FREE UV silk coating, FREE next day delivery & VAT included. Choose from 1000's of pre-designed templates or upload your own artwork. Orders dispatched within 24hrs.

Terms: Visit our site for more products: Business Cards, Compliment Slips, Letterheads, Leaflets, Postcards, Posters & much more. All items are free next day delivery. www.myprint-247.co.uk

Contact: 01858 468192

Valid until: Friday, May 31 2013

However, the selling off of public sector funded buildings has left the Government open to criticism.

In 2011, Hull's One Humber Quays and nearby land was sold by Yorkshire Forward.

The sale of the £17m city centre development, which was funded entirely by the taxpayer, disappointed leading pubic sector figures including Alan Johnson MP.

0
Tweet this article
Report

Your comments awaiting moderation

Be the first to comment

max 4000 characters
 
 
 
 
 
 

Tell us about your area

Got some interesting news? Write about it and let your whole community know.

  Write an article