FINANCE

He who dares wins on trading

With local government experiencing an explosion in municipal trading, Rob Hann examines recent challenges faced by the sector and why a national programme of support might help kick-start new projects

Across the country there is an outbreak of municipal enterprise the like of which has not been seen before.

Last year, think-tank Localis reported: ‘This burgeoning entrepreneurialism should not be underestimated. The sector's combined profits of externally traded services of £1.5bn between 2008 and 2013 exceeded that of companies like JD Wetherspoons (£353m), John Lewis (£885m) and Waitrose (£1.25bn) over the same period.'

Rob Hann

Popular articles by Rob Hann

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?