Magazine article Public Finance

Public Sector 'Useless' at Managing Assets, Says PfS Chief

Magazine article Public Finance

Public Sector 'Useless' at Managing Assets, Says PfS Chief

Article excerpt

The head of the agency responsible for the government's major school -building projects has said assets should be owned by private companies because public bodies are 'useless' at managing them.

Tim Byles, chief executive of Partnerships for Schools, which supports major schemes such as the academies programme and Building Schools for die Future, made the remarks during a panel discussion at the Partnerships UK conference.

His comments followed an authence poll that showed 54% of delegates believed assets such as schools and hospitals should be owned publicly in the long term.

'The public sector is actually useless at managing long-term public assets,' he told the conference.

'There's a major political question about selling the family silver, [but] we've done some work on surplus public assets in localities - and 70% have no long-term plans for their future use. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.