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Town Centres: Crunching the numbers

The third and final part of these research papers examines being creative is all very well, but are the ideas affordable? With the UK still in… View Article

GENERAL MERCHANDISE NEWS

Town Centres: Crunching the numbers

The third and final part of these research papers examines being creative is all very well, but are the ideas affordable?

With the UK still in economic gloom, analysing the financial viability of any project is very important if the visions are to come to fruition.

We now know quite a few things about the range and depth of UK and global economic woes. And of those things, several concern our local councils. We know they are not cutting much grass, hence the roadside jungles with blow-pipe Indians; we’ve just been told that they are not subsidising charities; and we know that they have had all their Government funding capped.  So if we are to change the urban landscape for the better, it probably needs to be largely self-financing.

Mike Phillips, managing director at Purepages Group and a former director of both PricewaterhouseCoopers and KPMG, looks at what he thinks could be achieved. To read Part three of the report, click here.

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