Introduction:
Having recently explored how Council spend on property construction related services has evolved in recent years, we are now also able to examine Oxygen’s Illuminator system in greater depth to determine how Council expenditure has evolved on services related to property consultancy, and to find out which types of Councils saw their net share of expenditures increase and decrease over the last few financial years.
During the 2019/20 financial year, Local Authorities collectively spent £698.70M on property consultancy related services, which represented a decrease of 1.7% in comparison to the previous year. In 2020/21, spending was higher at £899.71M, up 28.76% over last year, and early indicators suggest that spending will rise even more in 2021/22 and may eclipse the £1bn mark.