Dan Peters 15 April 2019

Council buys office to generate income

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.

SIGN UP
For your free daily news bulletin
Highways jobs

Household Reviewing Officer

Essex County Council
£46574.0000 - £56027.0000 per annum
Household Reviewing OfficerPermanent, Part Time£46,574 to £56,027 per annum (FTE) (Full Time Equivalent) £27,944 to £33,616 per annum (Actual salary b England, Essex, Chelmsford
Recuriter: Essex County Council

Team Manager, Children and Families Hub

Essex County Council
£54001.0000 - £66899.0000 per annum
Team Manager, Children and Families HubPermanent, Full Time£54,001 to £66,899 Per AnnumLocation
Recuriter: Essex County Council

Senior Development Manager - Skills

South Yorkshire Mayoral Combined Authority
£49,764 - £52,805
Our vision is for an economy which works for everyone, with inclusive and sustainable growth, building on our strengths... Sheffield, South Yorkshire
Recuriter: South Yorkshire Mayoral Combined Authority

Contracts and Performance Manager

South Yorkshire Mayoral Combined Authority
£49,764 - £52,805  
It is an exciting time to join the team as we work to deliver system change across work and health... Sheffield, South Yorkshire
Recuriter: South Yorkshire Mayoral Combined Authority

Adults Social Worker - North Essex

Essex County Council
£37185 - £50081 per annum
Register your interest here to be notified for upcoming Social Worker opportunities within Essex County Council's Adult Social Care services in Nort England, Essex, Colchester
Recuriter: Essex County Council
Linkedin Banner