Land Registry privatisation plan put on ice – reports
PCS union says plan to move organisation employing more than 4,000 civil servants into the private sector appears to have been "quietly dropped" after it fails to appear in the new Neighbourhood Planning Bill
The government has paused its plans to privatise the Land Registry, according to multiple reports.
The business department announced earlier this year that it wanted to move the Land Registry – which maintains an up-to-date register of property transactions in England and Wales – to the private sector by 2017, as part of wider plans to raise £5bn for the Treasury through asset sales.
But the proposals – which represent a second attempt to privatise the organisation currently employing more than 4,000 civil servants – have been attacked by MPs from both sides of the House of Commons, as well as by trade unions and organisations including the Open Data Institute and the Competition and Markets Authority.
Land Registry privatisation: competition watchdog raises monopoly fears
John Manzoni on shared services; Land Registry privatisation paused; and the case against civil service diversity quotas – three non-Brexit stories you may have missed
Land Registry privatisation: Tory committee chair Bernard Jenkin warns against sale for a "quick profit"
Both the Financial Times and The Guardian now report that the plans have been put on ice after the government's new Neighbourhood Planning Bill – which the Queen’s Speech in May promised would include measures to "enable the privatisation of Land Registry" – was published without any reference to the organisation.
Responding to the reports, a government spokesperson said: “No decision has been taken on the future of the Land Registry. A consultation on the Land Registry’s future closed in May and we are carefully considering our response. It is only right that new ministers take time to look at all their options before making a decision.”
But the Public and Commercial Services union, which has pointed out that the Land Registry already provides an annual dividend to the Treasury, said the plans appeared to have been "quietly dropped".
PCS general secretary Mark Serwotka said: "We showed two years ago, and again this time round, that selling off the Land Registry would be stupid and wrong, serving only private companies looking to profit from homeowners' data.
“We welcome the government's pause, but the plan should be scrapped in its entirety, never to see the light of day again, and the Land Registry should remain fully in public hands."
PACAC concludes dual roles of producing and regulating official data compromise the public good...
£940,000 bill does not include VAT or cost of departmental officials' time
Commission chaired by former civil service head blasts government’s approach to economic...
Department tells staff it hears their concerns as union reacts to imposition of 2019-20...
Cornerstone provide advice on effective approaches for learning management.
PA Consulting offers a four-point plan to delivering organisational transformation
With the annual worldwide cost of cybercrime set to double from $3tn in 2015 to $6tn by...
BT takes a look at the shifting nature of cyber threats, and how organisations can detect and...