The Office of Fair Trading (OFT) has given the green light to plans unveiled by Eric Pickles MP, Secretary of State for Communities and Local Government, in December 2010.
The OFT approval will result in addressing information from local government and Ordnance Survey being brought together to create one definitive source of accurate spatial address data for England and Wales.
To enable the delivery, and management, of the address database OrdnanceSurvey and the Local Government Group have created a joint venture called GeoPlace LLP.
Over the next few weeks GeoPlace will continue to work on its plans with an aim of being fully operational in April 2011. It is anticipated that data resulting from the partnership will be made available in the summer/early autumn of 2011.
Further press statements will be issued as appropriate.