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UPDATE-Falconer Takes Property Brief in Reshuffle

LONDON-Governmental responsibilities for the property industry have been split following Tony Blair's post-election government reshuffle.

By Graham Parker | Updated on June 12, 2001

LONDON-Governmental responsibilities for the property industry have been split following Tony Blair’s post-election government reshuffle. Although Nick Raynsford, the minister who made lease reform a personal priority in the last parliament, has moved, the prospect of lease reform still looms large.

The monolithic Department of the Environment, Transport and the Regions, created by Deputy Prime Minister John Prescott when Labour came to power in 1997, has been broken up. Environmental issues move over to a newly formed Department of the Environment, Food and Rural Affairs that replaces the discredited MAFF.

And responsibility for construction moves to the Department of Trade and Industry, along with control of the Regional Development Agencies. In a Downing Street briefing the Prime Minister’s Official Spokesman said that, as economic motors for change, it made sense for them both to be at the DTI.

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