> My council claim it's a source of revenue, but then moan that they own the shops in the town This is widespread. A lot of councils (when they were complainin

> My council claim it's a source of revenue, but then moan that they own the shops in the town This is widespread. A lot of councils (when they were complaining about central govt cuts, and threatening to cut vital services) actually bought into retail properties. I believe central govt put a stop to it but a lot of the damage has already been done. I read about a local council that got an opinion on a shopping centre, their consultant told them not to buy it, they did anyway...lost it all. Truly staggering levels of incompetence.