Uttlesford District Council’s latest update on its property portfolio has revealed a devaluation of its assets by almost £7m over three months. The data also revealed the district, run by Residents for Uttlesford, has borrowed large sums from other councils across the country from June 2022 totalling £93m. At a meeting of its investment board on February 15, the authority discussed a report of its property portfolio and its position during the third quarter of the 2023-24 financial year, which ran from October 1 to December 31, 2023. The report detailed that the portfolio of assets as retained…