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This article was first published on LexisLibrary on 19 March 2014. Click here for a free 24h trial of LexisLibrary.
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What actions should property lawyers be taking? Mike O'Connor:For lawyers, I think they should be exploring carefully models of collaboration and alliancing, looking at procurement regulations as to what can be done swiftly and cost effectively rather than with protracted competitions. What has been the reaction from the local government sector? Sir Merrick Cockell, chairman of the Local Government Association: 'Bringing down spending on benefits through a welfare cap will only be truly effective when government also frees councils to build more social housing. While the Budget has not brought further cuts for local government, it has not changed the fact that the next two years will be the toughest yet for people who use and rely upon the services which councils provide. The black hole in funding for local bus services, a 10.5bn backlog in road repairs and continuing uncertainty over funding for much-needed reforms of the adult social care system have yet to be properly addressed.' 'By next year, council budgets will have been cut by 40% from where they were at the start of this parliament. As the economy improves, people will increasingly start to question why councils are having to reduce and withdraw from providing the services that underpin their daily lives. If we are to avoid an upturn in the economy coinciding with a decline in public services, we need nothing less than a fundamental reform of the way the public sector works and an honest reappraisal of how public services are provided and paid for in post-austerity Britain.' Want to know more? A full overview of the Budget 2014 can be found here: Budget 2014: Tax Information and Impact Notes and related documents, LNB News 20/03/2014 2. The views expressed by our Legal Analysis interviewees are not necessarily those of the proprietor.