It was announced as part of the Chancellor's Comprehensive Spending Review on 25 November that The Royal Parks would develop a new operating model to ensure it has a sustainable future. The organisation, which looks after London's eight Royal Parks, plans to merge with its fundraising charity, the Royal Parks Foundation, to become a charitable corporation later this year.
Gill, an expert in charities, told HW he has been predicting for some years that The Royal Parks "would eventually separate itself from the dead hand of government control by becoming a not-for-profit of some description - perhaps like the Canals and Rivers Trust".
But he added: "I am not convinced that they can merge with the Royal Parks Foundation as their objects must be aligned for the Charity Commission to approve such a move. I predict a new type of not-for-profit corporation that enables them to address the VAT issue. This might be the old agency becoming the wholly-owned subsidiary trading company of the foundation."
Whatever is decided, the move won't be easy, Gill said.
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