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

Adult Social Worker Mental Health

London Borough of Richmond upon Thames and London Borough of Wandsworth
£38,976 - £52,767
Mental Health Social Worker
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Director of Finance (Deputy Section 151 Officer)

Royal Borough of Kingston upon Thames Council
up to salary max £121,445 per annum
We are now seeking a Director of Finance and Deputy Section 151 Officer to play a pivotal role Hybrid / Kingston Upon Thames
Recuriter: Royal Borough of Kingston upon Thames Council

Principal Engineer - Adoptions

West Northamptonshire Council
£49,587 - £52,860
We are seeking an experienced and motivated Principal Highways Engineer to join our Highways Development Management team at West Northamptonshire Council. This is a senior role leading on the assessment, negotiation, and delivery of highway works linked t Northampton
Recuriter: West Northamptonshire Council

Head of Highway Operations

Derbyshire County Council
Grade 15 £63,002 - £69,103 per annum
As we begin to implement our new structure, we have an exciting leadership opportunity as the head of our new operations service. Derbyshire
Recuriter: Derbyshire County Council

Trainee Roadworker Driver

Derbyshire County Council
Grade 5 £25,185 - £25,583 per annum
We’re looking for Roadworker/trainee LGV drivers to be part of our team undertaking all aspects of highways maintenance and improvement works Derbyshire
Recuriter: Derbyshire County Council
Linkedin Banner