{"id":94894,"date":"2018-08-20T09:24:26","date_gmt":"2018-08-20T09:24:26","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=fbb007fbf713cd3628ed9edb682d7fdc"},"modified":"2018-08-20T09:24:26","modified_gmt":"2018-08-20T09:24:26","slug":"news-story-cma-confirms-move-to-east-london","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=94894","title":{"rendered":"News story: CMA confirms move to East London"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The Competition and Markets Authority (<abbr title=\"Competition and Markets Authority\">CMA<\/abbr>) is progressing its commitment to move its HQ by September 2019. It has signed an \u2018Agreement for Lease\u2019 on a refurbished building in Canary Wharf that will lead to significant savings in accommodation costs.<\/p>\n<p>This relocation fits with the wider government effort to drive down property costs. The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> expects to see around a 45% reduction in the average rent (including any VAT payable) for its new accommodation on an annual basis and for the life of the tenancy. \u202f<\/p>\n<p>The move will provide the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr> with the facilities it requires and ensure it can work efficiently with businesses and other regulators based in London. It also allows it to carry out its expansion plans in preparation for the UK\u2019s exit from the European Union.<\/p>\n<p>It comes alongside the <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>\u2019s opening of a larger office in Edinburgh, to which it is currently recruiting staff. This will allow it to build stronger and wider relationships and to carry out UK-wide projects from Scotland as well as London.<\/p>\n<p>The <abbr title=\"Competition and Markets Authority\">CMA<\/abbr>\u2019s Chief Executive Andrea Coscelli said:<\/p>\n<blockquote>\n<p>This move will provide us with the facilities to best serve consumers and businesses across the UK.<\/p>\n<p class=\"last-child\">Our new location will provide our staff with the space to work effectively and efficiently, and continue to engage appropriately with the businesses, politicians and consumer groups so vital to our work.<\/p>\n<\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CMA has taken an important step forward in its plans to relocate and so save money for UK taxpayers.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/94894"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=94894"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/94894\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}