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Councils have sold off £15bn worth of public assets since 2010, report finds
The Prime Minister David Cameron (right) and Deputy Prime Minister Nick Clegg hold their first joint press conference in the Downing Street garden in central London, May 12, 2010

CASH STRAPPED councils have sold a staggering £15 billion worth of public land and buildings amid devastating budget cuts since 2010, a new report has found.

Communities up and down the country have lost an estimated 75,000 assets since the Tories came into power, according to the  Institute for Public Policy Research (IPPR).

The think tank’s research, which was based on Freedom of Information (FoI) requests to local authorities, was released today alongside the launch of a citizens’ blueprint for levelling up.

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