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Councils Across UK are Holding Fire-Sales of Public Assets from Libraries to Farms – Often with No Consultation

Councils are flogging off local treasures as cuts continue to bite. This is a list of just some of the assets currently on the market

“Everything Must Go” signs in the window of a shop on Princes Street, Edinburgh. Photo: Alan Wilson / Alamy

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Across the country, councils facing financial squeezes are selling off public assets to make a quick buck. 

Local authorities in England have suffered cuts of around 50% to their budgets from central Government since 2010, leading to a wave of recent privatisations. 

The situation is particularly dire in councils that have been forced to issue so-called Section 114 notices, where a council effectively declares itself bankrupt, and is put under special measures. Unelected offices then tend to take the reins, in many cases ‘disposing’ of land, buildings and other amenities to raise funds. 

Fourteen such notices have been issued since 1998. Twelve of those have been since 2018, after many councils had drained their reserves.

In many cases, the resulting sell-offs are pushed through with no consultation and, often little publicity. But it’s not just officially ‘bankrupt‘ councils flogging assets. Many more are trying to stay afloat and deal with the soaring cost of borrowing following post-pandemic interest rate hikes.

On Tuesday, Byline Times reported how Cornwall Newquay Airport is being handed over to a private consortium, to offload a £4.5 million annual subsidy from the council’s balance sheet. Some 650 acres of public land surrounding the airport will reportedly be gifted to sweeten the deal.

Following responses from readers, we’ve compiled a list of some recent council sell-offs, many of them controversial, to give a sense of what is being flogged off as local authorities grapple with sky-high debt repayments on their borrowing. 

Cat Hobbs, from public ownership campaign We Own It, told Byline Times: “Privatisation is a one time thing – once it’s gone it’s gone. Selling off valuable assets [is] a huge mistake.”

Readers are encouraged to send in examples of upcoming sell-offs near them to josiah@bylinetimes.com 

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Recent Council Sell-Offs by UK Region

London and South East

Other controversies in recent years include Tonbridge and Malling Borough Council selling off a youth club reportedly worth £1.5 million for £750,000 in 2017, and another property for £1.515 million which resold for £3.45 million months later. 

A reader tells Byline Times of rumours Reigate and Banstead Borough Council wants to sell a local school for it to be converted into a hotel.

EXCLUSIVE

‘Rushed’ Airport Sell-Off Sparks Anger as Councils Push Through Privatisation to Plug Shortfalls

Concern is growing over a Conservative-led council’s opaque plans to privatise Cornwall Newquay Airport. It’s part of a bigger picture across England

South West England

Midlands

The big sell-off story in the Midlands is Birmingham City Council. It is offloading huge swathes of public assets after issuing a Section 114 notice in September last year following legal claims for equal pay costing around £700 million. 

Some of the council’s privatisations, as part of plans to raise £750 million over two years to help (temporarily) balance the books, include proposing to close 25 of the city’s 36 libraries and sell the buildings, and selling off 755 properties from the Perry Barr housing estate. 

The estate was originally intended as an athletes’ village for the Commonwealth Games in 2022, but it wasn’t ready in time. Hundreds of flats will sold to a private bidder at a projected loss of around £320 million. 

Other Midlands sell-offs include at Stoke-on-Trent City Council. The (former) Stoke Library is up for sale. Dudley Council is reporetedly planning to close Sycamore Adventure Centre. 

Nottingham City Council has sold at least £64 million worth of property assets since 2020 to pay off debts. 

The council is now considering handing over iconic sites like Nottingham Castle, Wollaton Hall and Newstead Abbey to a charity, though private sales are considered an option, Nottingham Post reported in July. The decision follows the council effectively declaring bankruptcy in November 2023.

In Ashfield, the independent-run council is demolishing “under-used” community centres to build housing. 

North West England

Oldham Council is among many in the region in financial dire straits, and likely to be considering its options. 

EXCLUSIVE

Council Coffers Crisis Revealed: Auditing of Public Money by Local Authorities Collapses – So How is Taxpayers’ Cash Being Spent?

Serious problems have arisen after the Government abolished the Audit Commission and handed the job to private accountancy firms instead

North East England

Councillor Jeff Watson, who chaired the council-run developer during the sell-off in Amble, told a local outlet last October: “There was no need to consult the public as [the council’s company] Advance doesn’t generally consult when they sell land.” 

Rail Union Condemns ‘30 Years of Waste’ as England Marks Three Decades of Privatisation

Renationalising the railways remains highly popular amid transport delays, cancellations, expensive fares and strikes.

Yorkshire and the Humber

From Leeds, a reader tells Byline Times: “Our Labour council in Leeds has sold off various bits of family silver in the last year in order to stay solvent, in the light of the huge funding cuts from central government

“The most egregious sell off for me was my local [Crossgates] library, which in it’s heyday won a RIBA award for its architecture.” 

Do you have a story that needs highlighting?
Get in touch by emailing josiah@bylinetimes.com

East of England

East Midlands

Wales and Scotland

  1. Powys County Council (Wales): Started the process of selling a farm near Llanfyllin to raise cash (expected to be around £500,000)
  2. West Lothian Council (Scotland): Closed swimming pools and rapidly demolished several due to supposed “arson fears”. [Note: This is not “all” swimming pools as locally as previously reported]. The former council offices are also being sold, as of June

There are other reports we may return to, including the sell-off of “surplus” NHS properties by local Trusts, and concerns – from Edinburgh to Lambeth – over public exclusion from parks for paid events like festivals, which subsidise councils but shut off public access over certain weekends. 

As noted, this is an incomplete list of recent sell-offs by local councils. Get in touch if there are controversial proposals near you which you believe need covering: josiah@bylinetimes.com

Our thanks to the many readers who have sent in tips so far. 


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Josiah Mortimer also writes the On the Ground column, exclusive to the print edition of Byline Times.

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