Sir Nicholas Soames: To ask the Minister for the Cabinet Office, what assessment he has made of the effectiveness of the One Public Estate programme; and if he will make a statement.

Matthew Hancock, Minister for the Cabinet Office and Paymaster General: In 2013, the Cabinet Office and the Local Government Association came together to launch the One Public Estate programme, a pioneering initiative designed to support central and local government to work collaboratively on land and property solutions.

It brings together all public sector bodies within a locality to work together in developing a radically new approach to managing their land and property. By pooling data on their asset holdings and developing joint plans to share property and release surplus land and buildings for other uses, the programme is designed to:

• Deliver significant savings for the taxpayer,
• Provide better, more integrated local services, in places which are more convenient for users; and
• Release land and property which can be reused for housing and new enterprise, boosting local jobs, growth and house-building.

Two years on, the programme has already shown that, with small levels of investment and support, a great deal can be achieved. The 12 pilot areas that joined the programme in year 1 expect to cut running costs in the order of £21 million and to raise £88 million in capital receipts by 2018, as well as creating 7,500 new homes and 5,500 new jobs.

An additional £6m was announced at Summer Budget to expand the programme, with larger partnerships of councils and more ambitious schemes. 126 councils, working in 29 partnerships, have applied to join a third phase of the programme.

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