Covid forces CITB to shelve plans to sell off college network

By Jordan Marshall2021-03-23T06:00:00

Buyers reluctant to part with cash as uncertainty caused by pandemic drags on

The Construction Industry Training Board has been forced to keep two of its up-for-sale construction colleges because the covid-19 pandemic has put would-be buyers off.

Under plans announced three years ago to reform the training group, the CITB wanted to slash running costs from £155m to just over £110m by 2020/21.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community