SHORT TERM GAM LONG TERM PAIN

摘要

"When Birmingham City Council faced austerity measures it was forced to make some big changes. To make savings it created its own design, construction, facilities management and building consultancy company, Acivico, in 2012. "Despite being wholly owned by the council, the company stands on its own feet financially. The difference is that any savings don't go to external shareholders; they go back to the taxpayer. "Birmingham City Council clearly didn't want to pay more than it needed to. Individual spending departments therefore make external comparisons, meaning we are in direct competition with private sector companies.