Core Points - The UK government is attempting to identify sellable assets from its £2.5 billion overseas portfolio, including embassies and luxury apartments, which may significantly weaken its global diplomatic influence [1][2] - The Foreign Office is "optimizing" the management of approximately 6,500 properties to find "monetizable assets," with hundreds of buildings in poor condition [1] - The budget highlights the need to find cost-saving measures in expensive locations like New York, potentially including the sale of a £12 million luxury apartment purchased for diplomats [1] Group 1 - The UK government is under scrutiny for a series of measures that weaken its soft power, including significant cuts to the international aid budget [2] - The UK has previously sold its embassy in Bangkok and relocated to a new site [2] - The Foreign Office plans to reduce domestic staff by 30% and reassess the scale and location of its over 250 diplomatic missions in more than 150 countries [2]