The Insolvency Service will cut its number of offices by half – to 11 from 22 – as it sets out a new regional hub strategy.
The department will consolidate smaller offices into larger existing offices over the next five years. It said the move was part of a push to “enhance value for money for the taxpayer” and would save it more than £20m over the next decade – money it will reinvest in improving online facilities.
The 11 existing offices to become regional centres are in Birmingham, Cardiff, Croydon, Edinburgh, Exeter, Ipswich, Leeds, London, Manchester, Newcastle and Nottingham.
Insolvency Service chief executive Dean Beale said the real estate cuts “will see us become a more modern and streamlined organisation in the right locations for our customers, enabling us to better meet their needs”.
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