John Broadwater
Posts by John Broadwater for News
CIFCO continues to generate income for councils to reinvest
Babergh and Mid Suffolk’s commercial property investment company CIFCO generated £2. 5m in net income to support the council finances last year, reports published this week show.
Read more about 'CIFCO continues to generate income for councils to reinvest'...
3 Minute(s) to read
Councils’ commercial property arm continues to generate income for districts
Babergh and Mid Suffolk’s commercial property company CIFCO made a £6. 7m profit last year and generated £3.
Read more about 'Councils’ commercial property arm continues to generate income for districts'...
3 Minute(s) to read
Mid Suffolk councillors consider budget for 2020/21
The first draft of Mid Suffolk District Council’s budget for 2020/21 is set to be considered by councillors later this month, including a 1.
Read more about 'Mid Suffolk councillors consider budget for 2020/21'...
3 Minute(s) to read
CIFCO to continue to generate vital funds for councils
Councillors at both Babergh and Mid Suffolk District Councils have this week approved plans for property investment company CIFCO to continue to bring in funds to support the districts’ recovery.
Read more about 'CIFCO to continue to generate vital funds for councils'...
3 Minute(s) to read
CIFCO acquires health centre to generate vital funds for councils
Property investment company CIFCO Capital Ltd today announced the £2. 9m purchase of a GPs’ practice in Nottingham city centre – promising a healthy return for council coffers.
Read more about 'CIFCO acquires health centre to generate vital funds for councils'...
2 Minute(s) to read
Councils to consider CIFCO Business Plan for 2020/21 as investment company helps them to weather the COVID-19 storm
Property investment company CIFCO has met payments to Babergh and Mid Suffolk District Councils in full again this quarter – providing vital funds for services, as traditional income is hit…
5 Minute(s) to read
Councils to consider CIFCO Business Plan for 2020/21
CIFCO’s annual Business Plan is on the agenda for Councillors over the next few weeks, as the property investment company continues to weather the coronavirus storm and to provide Babergh…
Read more about 'Councils to consider CIFCO Business Plan for 2020/21'...
4 Minute(s) to read
Statement on the impact of COVID-19 on the councils’ property investment arm – CIFCO Ltd
Careful risk management is helping council property investment company CIFCO Ltd “weather the current storm” with full repayments made for the last quarter and plans in place to support tenants over the…
2 Minute(s) to read
Mid Suffolk District Council agrees budget for 2020/21
Mid Suffolk District Council tonight approved its budget for 2020/21, including an increase in council tax that will see £2.
Read more about 'Mid Suffolk District Council agrees budget for 2020/21'...
3 Minute(s) to read
Babergh District Council approves budget for 2020/21
Babergh District Council tonight approved its budget for 2020/21, including an increase in council tax that will see £5 a year added to the bill of a Band D property.
Read more about 'Babergh District Council approves budget for 2020/21'...
3 Minute(s) to read