Speeches

Jim McMahon – 2016 Parliamentary Question to the Cabinet Office

The below Parliamentary question was asked by Jim McMahon on 2016-01-19.

To ask the Minister for the Cabinet Office, if he will commission an assessment of the potential economic impact on Oldham of the reduction in Oldham’s public estate.

Matthew Hancock

The Government Property Unit is working closely with Oldham Council and others across Greater Manchester on future plans across the public sector estate. Oldham Council is part of the Greater Manchester Combined Authority Partnership on the One Public Estate Programme. The programme, delivered by Cabinet Office and the Local Government Association, aims to maximise local economic growth from better use of public assets. 108 councils have recently joined a third phase of the programme. Together, they expect to generate £172 million capital receipts, reduce running costs by £65 million, and create 30,000 new homes and 43,000 new jobs over the next 5 years.