Mid Devon Council to close its property company

One of the reasons C.Co were originally set up was to help local authorities who were considering commercial or trading opportunities. The experiences at Mid Devon reflect much of the learning that we would share when setting up a trading company. Whilst the failure of the company is bad news for the residents of Mid Devon, one of the pieces of advice we always pass on is knowing when 'enough is enough' and it is commendable that the Council has had the courage to do this.

https://www.room151.co.uk/151-news/mid-devon-to-close-property-company-due-to-challenging-housing-market/

John Knight

Director at CIPFA

1 年

Definitely worth a read of our Managing Director, Natalie Abraham, post on 'top tips' for commercial considerations https://wearec.co/reflections-top-tips-for-local-authorities-considering-commercialisation/

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