News: Government buildings scheme for small businesses is failing

buildings for small businessesA leaked letter has revealed that the government is failing in its plans to place small businesses in unused buildings.

David Cameron announced a year ago that he would make 300 disused government buildings available for new small businesses.

However, a letter from the Treasury’s permanent secretary Nick Macpherson has revealed that not a single empty government building has been occupied by new businesses.

The letter brought to light the fact that only four of the original 300 buildings are actually being considered for use by businesses, and the deals on these buildings are still yet to be finalised.

A Cabinet Office spokesperson told The Guardian: “We are acting on our commitment to provide vacant government space to SMEs (Small and medium enterprises) to help them grow. Several government departments have identified locations with potential, and we are carefully assessing bids from providers to run some of the buildings in the first phase of this initiative.”

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Kasey writes about the latest small business and website news for bOnline. Find Kasey on Google+, or follow bOnline on Facebook, Twitter, LinkedIn and Google+

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