Liberal Democrats demand more commitment on ending out of County investments
Surrey County Council own a broad range of land and property assets both in and outside of the County, with a total value of around £1.5bn. At the Cabinet meeting last week it was revealed that Surrey will be 'pausing' investment out of county for the time being whilst they evaluate the use of existing properties.
This is a move that the Liberal Democrats at County Hall have been long calling for. However, simply 'pausing' the investment out of county is not far enough - the Liberal Democrats demand a commitment that investments will be made in county and into benefitting the residents.
Chris Botten, Leader of the Liberal Democrats at Surrey County Council, said:
"We need a permanent restructuring of the County Council's investment strategy, and a permanent commitment to in-county property investment to support economic growth and develop prosperity would be a start."