The quangos have started to come tumbling down in the West Midlands. With Advantage West Midlands (AWM) fatally wounded with funding slashes, it was almost inevitable that dependant organisations would not survive. So the recent announcements that Walsall Regeneration Company and Wolverhampton Development Company are to be wound up were hardly surprising.
Measuring the real outputs of such bodies is always tricky and was an issue that dogged the Urban Development Corporations (remember them?) of the 1980s. It's ironic that the political party which introduced these predecessors of the agencies now facing oblivion has led the charge for the cull. After all, the UDCs oversaw large swathes of commercial property development and helped cement the fortunes of a generation of property professionals. Walsall and Wolverhampton's companies were of a smaller scale, of course, yet Walsall in particular had won substantial praise within the property sector (no mean feat in itself).