Purpose

To consider the report of the Cabinet
Member for Finance and Change detailing any financial decisions
required of a capital or revenue nature.

Decision

(i) 
To approve the release of transformation funding as detailed in
Appendix 1 from reserves or the Exceptional Financial Support (EFS)
facility.
(ii) 
To approve the appointment of Newton Europe Ltd (“Newton
Europe”) as an interim transformation partner to commence the
implementation of “adapt | grow | thrive”
transformation savings proposals.
(iii) 
To delegate authority to the Chief Executive, following
consultation with the Leader of the Council, to take all necessary
actions, including finalising contractual and commercial
arrangements, in order to complete the appointment of the interim
transformation partner.