Purpose

The Cabinet will receive a
quarterly update report from the Shareholder Panel on progress by
the Council-owned companies on delivering their businesses plans
and other relevant issues, such as key risks, as well as
incorporating a development update previously presented twice
yearly to Cabinet, and will be asked to approve appropriate
proposals.

Content

Cabinet resolved to note the
key highlights and issues relating to Council-owned companies in
the first quarter of 2025/26 and the ongoing scrutiny provided by
the Shareholder Panel.