£18 million saved though closure of Development Corporation

YESTERDAY, the staff from the Thurrock Thames Gateway Development Corporation (DC) moved into the offices at Thurrock Council.

At the same time, the Secretary of State for Communities and Local Government revealed how much savings had been made by reducing and reforming the quango.

The minister announced that a total of £18,521,000 will be saved through the present scaling down and the eventual abolition of the DC in March 2012.

The Department for Communities and Local Government’s plan to increase accountability by reducing and reforming its quangos is on course to deliver around £170 million savings in total.

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