Dan Peters 15 April 2019

Council buys office to generate income

Council buys office to generate income image

South Cambridgeshire DC has made a £13m investment in a high-quality office building to generate an initial net return of around 5.6%.

Lead cabinet member for finance, Cllr John Williams, said: ‘This investment will give us a good return, which we will re-invest into frontline services for many years.

'By making sensible investment decisions like this we are helping to protect vital frontline services, like recycling and waste, housing support for vulnerable people and planning, in the face of cuts to national funding.’

By the end of March 2024, the council’s investments are forecasted to return an income of just over £5m a year, a quarter of the authority’s services budget.

In competition with the PWLB image

In competition with the PWLB

Christian Wall considers what alternative funding channels are available to local authorities beyond the Public Works Loan Board.
Highways jobs

Director of Learning

Camden London Borough Council
Up to £85,850
To be considered for this post we are looking for a degree educated innovative and diligent Director who has previous demonstrable experience. Camden, London (Greater)
Recuriter: Camden London Borough Council

Chief Officer

Leeds City Council
Up to £106k
Leeds, a city built on talent! Leeds, West Yorkshire
Recuriter: Leeds City Council

Head of Educational Safeguarding and Inclusion

Kirklees Metropolitan Council
Up to £61,751
As an experienced educational specialist, with a depth of knowledge, passion and commitment for inclusion you’ll... Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Resourcer/Support Officer

Kirklees Metropolitan Council
£19,554 - £21,166
You will provide appropriate support to and work alongside a disabled Corporate Policy Officer working within the Strategy and Policy Team.  Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Newly Qualified Children’s Social Worker

London Borough of Bexley
£29,966 inclusive of Choices and Market Premium
If this sounds exciting and reassuring, we want you to get in touch with us! Bexleyheath, London (Greater)
Recuriter: London Borough of Bexley

Local Government News

Latest issue - Local Goverrnemnt News

The March issue of Local Government News explores alternative funding channels that are available to councils beyond the Public Works Loan Board, what hurdles merging councils face in coming together, and how local government is handling GDPR.

This issue also has a special highways and street lighting section exploring how councils can use lighting to embark on their smart city journey and using IoT technology to weather the storm.

Register for your free magazine