Olu Babatola - Councillor for Greenwich (Thamesmead Moorings)

Councillor Olu Babatola

Labour and Co-operative Thamesmead Moorings Chair of Pension Fund Investment & Administration Panel

Is this you? Claim this page.

Activity Timeline

Meetings Attended Note this may include planned future meetings.

56 meetings · Page 2 of 12

Council Special Meeting Committee Member

Council Special Meeting - Thursday, 26th February, 2026 7.00 pm

The Council Special Meeting of Greenwich Council, held on Thursday 26 February 2026, focused primarily on the setting of the Council's budget and council tax for the 2026-27 financial year. Key decisions included approving a 4.99% increase in council tax, comprising a 2.99% rise for general service delivery and a 2% precept for adult social care, alongside the adoption of the Medium Term Financial Strategy and the Housing Revenue Account budget.

February 26, 2026, 7:00 pm
Planning Board Committee Member

Planning Board - Tuesday, 24 February 2026 - 6.30 pm

The Planning Board of Greenwich Council met on Tuesday 24 February 2026. The meeting confirmed the holding of the meeting and that decisions were made. The board granted planning permission for the redevelopment of Morden Wharf, located off Tunnel Avenue, Greenwich, London SE10 0PA, subject to a Section 73 application for alterations to conditions attached to an extant planning permission. The board also granted full planning permission for the demolition of the existing building at 1-4 Beresford Square, Woolwich, SE18 6BB, to facilitate a mixed-use redevelopment. However, two items, Phases 3, 4 and 5 of Greenwich Millennium Village and Plots 501-503, Greenwich Millennium Village, were deferred.

February 24, 2026, 6:30 pm
Pension Fund Investment & Administration Panel Chair

Pension Fund Investment & Administration Panel - Monday, 9 February 2026 - 10.30 am

The Pension Fund Investment & Administration Panel met on Monday 09 February 2026 to discuss the audit completion report for the 2024/2025 financial year, review the fund's Knowledge and Skills Policy and Framework, and consider the implications of Buckinghamshire Pension Fund joining the London Collective Investment Vehicle (LCIV). The meeting also included discussions on the transition of assets to the LCIV and the agreement of a Governance Compliance Statement.

February 09, 2026, 10:30 am
Council Committee Member

Council - Wednesday, 28 January 2026 - 7.00 pm

The Council meeting on 28 January 2026 saw the approval of changes to the Council's Constitution regarding Directorate Schemes of Authorisation. Several motions were also presented, including one to oppose detrimental changes to the Freedom Pass scheme, one calling for modernising national gambling legislation, and one addressing the council's 'Red' rating for road maintenance.

January 28, 2026, 7:00 pm
Pension Fund Investment & Administration Panel Chair

Pension Fund Investment & Administration Panel - Monday, 26 January 2026 - 10.30 am

The Pension Fund Investment & Administration Panel of Greenwich Council was scheduled to discuss the revised draft Investment Strategy Statement (ISS), including its Responsible Investment (RI) Policy, and the proposed questions for a stakeholder consultation. The meeting also included a review of the Pension Fund's carbon footprint data and performance updates from investment managers.

January 26, 2026, 10:30 am

Decisions from Meetings

120 decisions · Page 1 of 24

260 Eltham High Street, Eltham, London, SE9 1AA - Ref: 25/3822/MA

From: Planning Board - Tuesday, 10th March, 2026 6.30 pm - March 10, 2026

The Planning Board of Greenwich Council decided to refuse the application on 10/03/2026. The proposed earlier opening time was refused due to potential harm to residents' amenity through increased early morning noise and disturbance.

Recommendations Approved

Statement of Accounts

From: Council Special Meeting - Thursday, 26th February, 2026 7.00 pm - February 26, 2026

...the Statement of Accounts for the year ended 31 March 2025, including the Royal Borough of Greenwich Statement of Accounts and the Royal Borough of Greenwich Pension Fund Statement of Accounts, were approved.

Recommendations Approved

Medium Term Financial Strategy 2026/27+

From: Council Special Meeting - Thursday, 26th February, 2026 7.00 pm - February 26, 2026

...to provide for £35m of investment, including £22m for increasing costs due to demand and inflation, £9m for capital investment financing, and £1m for Freedom Pass, while also agreeing the proposed Medium Term Financial Strategy 2026/27 to 2029/30, which includes a 2.00% adult social care precept and a 2.99% main council tax rate increase, and approving the allocation of £4.034m per year for the Department for Work and Pensions’ Crisis and Resilience Fund.

Recommendations Approved

Treasury Management and Capital Strategy 2026/27

From: Council Special Meeting - Thursday, 26th February, 2026 7.00 pm - February 26, 2026

...approved the Treasury Management Strategy, Capital Strategy, Prudential Indicators, and Minimum Revenue Provision arrangements for 2026/27.

Recommendations Approved

Budget and Council Tax Setting 2026/27

From: Council Special Meeting - Thursday, 26th February, 2026 7.00 pm - February 26, 2026

...approved the council budget for 2026/27, agreed a 4.99% increase in the borough element of council tax (including a 2.99% increase for service delivery pressures and a 2% adult social care precept), and set the overall council tax levels, including a specific addition for taxpayers surrounding the Gloucester Circus garden.

Recommendations Approved

Summary

Meetings Attended: 56

Average per Month: 1.9

Decisions Recorded: 120