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Inquiry to unlock £250bn of council land

An all-party group of MPs and peers has launched an inquiry into how development can be unlocked across £250 billion worth of local government property assets.

The All Party Urban Development Group and auditors PricewaterhouseCoopers will take written evidence from a range of public and private sector experts over the summer before holding a series of oral evidence sessions in Parliament in the autumn.

A report will then be published delivering a series of key recommendations to policy makers.

The APUDG is calling for written submissions from property and regeneration experts and public sector stakeholders, with a deadline for submissions of 26 August.

The report will look at the Localism Bill and the Government’s growth agenda.

Paul Uppal MP, the chair of the APUDG, said: “Regeneration is a key driver of economic growth but in many parts of the country development is at a standstill.

“To get development moving we must identify what barriers local authorities face, and help both the public and private sector to work more effectively with each other to manage public sector assets, kick-start development and take advantage of the opportunities created by the wider growth agenda.”

Click here to see the key questions included in the inquiry.

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