Wednesday. 19 June 2013

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Government speeds up sale of UK diplomatic properties

By Alex Varley-Winter | | 1 Related piece
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As we change the structure of the workforce overseas, we shall have to provide less accommodation

Simon Fraser, permanent secretary, Foreign Office

Plans to sell off UK government properties around the world are being stepped up in an effort to cut running costs.

Despite a worldwide property slump, the Foreign & Commonwealth Office plans to sell overseas property worth £60 million a year until 2015. The government is under pressure to sell off its more opulent residences at a time of austerity.

The Foreign Office also plans to quit the Old Admiralty Building, its historic grade-II listed building in Horse Guards Parade in Whitehall.

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