Today saw the launch of the Portas Review: an independent review on the future of high streets. The recommendations list a series of ideas and challenges for local government – not least more ‘Big Society' provisions to enable citizens and communities to get more involved in deciding what they want for their local towns.

One in particular caught my eye – the ‘Community Right to Buy'. Except, it is not the right to ‘Buy'; it's the right to ‘Bid'. And there is a very clear distinction to be made between the two, as I heard when chairing an LGiU event on Assets of Community Value last week.