The London Residuary Body was a body set up on 12 August 1985 to dispose of the assets of the Greater London Council (GLC) after the council's abolition in 1986.
Governance
The LRB was chaired throughout its existence by Sir Godfrey Taylor. In 1986 Tony Banks had two adjournment debates on the LRB, which he said "exists in a vain attempt to clear up the appalling mess left in London following the Government's ill-conceived, ill-considered and ill-finished abolition of the Greater London council",[1] and called "an unelected, unaccountable body whose members were hand-picked by the Government".[2]
After all of the assets were sold, the LRB was wound up in 1996.
The LRB left few traces: the most prominent being a sign with details for the car park close to the Royal Festival Hall and London Eye – which vanished in 2004 when the car park was built. Another is a sign on County Hall itself relating to the legal position of the walkway on the river front of County Hall signed by John Howes, Director of Administration of the LRB.
Hebbert, Michael; Edge, Ann Dickins (1994). Dismantlers : The London Residuary Body 1986–1992. London: Suntory-Toyota International Centre for Economics and Related Disciplines. ISBN0853281831.
