Colchester Borough Council named Best Commercial Council
Colchester Borough Council scoops prestigious MJ Award
Colchester Borough Council is celebrating today (2 October 2020) after winning a prestigious prize at a national awards ceremony honouring the very best of local government services and staff throughout the UK.
The council was named ‘Best Commercial Council’ in the annual Municipal Journal (MJ) Achievement Awards, one of the major events in the public sector calendar.
Judges recognised the council’s vision in establishing its commercial trading companies through Colchester Commercial Holdings Ltd (CCHL) and its three subsidiary companies: Colchester Amphora Energy Ltd (CAEL); Colchester Amphora Homes Ltd (CAHL), and Colchester Amphora Trading Ltd (CATL).
With their focus on delivering the council’s strategic priorities of climate change, economic growth, health and wellbeing, and improved homes and infrastructure, the companies are structured to ensure profits are returned to the council for the benefit of the people of the borough.
Judges singled out CCHL’s achievements to date, which include delivery of a nationally-significant carbon-cutting District Heat Network at Colchester Northern Gateway (CAEL); a £95 million borough-wide housebuilding programme, which combines private housing with 30% council-owned homes for affordable rent (CAHL); delivery of the 76-acre Colchester Northern Gateway Sports Park, and deployment of ultrafast gigabyte broadband to new homes and businesses across Colchester (CATL).
I am absolutely delighted and extremely proud that the council has been nationally recognised for its farsightedness in establishing our Amphora group of companies.
CCHL’s financial contribution to the council puts us in the best possible position to face the significant financial challenges that lay ahead and will help us maintain healthy dividends, which are so vital to support frontline services for residents and businesses.
It is tremendously gratifying to see our work recognised like this.
The strength of our success against such stiff opposition reflects positively on our entrepreneurial spirit as a council and on the inventive ways our commercial trading companies have helped generate income and create more growth in the borough.
These awards are one of the biggest and most prestigious for local government and I am very proud that Colchester Borough Council has been recognised in this way.
I congratulate everyone involved in this remarkable achievement, which shows our success in managing services and assets in a more business-like and commercial manner while retaining a strong public-sector ethos.