Agenda and minutes

The Committee noted that Councillor Pavlos Kotsonis is no longer a member of the Committee, and that Councillor Corall Jenkins has been appointed to the vacancy.

None.

None.

To confirm the minutes of the meeting held on 17 December 2024.

The minutes of the meeting held on 17 December 2024 were confirmed as an accurate record and signed by the Chair.

For noting and discussion.

An additional meeting in April has been scheduled into the Work Programme, to allow enough time for presentations of companies’ business plans.

The Committee noted the Work Programme.

To consider excluding the public from the meeting during the consideration of the remaining items in accordance with Section 100A(4) of the Local Government Act 1972 on the basis that, having regard to all the circumstances, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

The Committee decided to exclude the public from the meeting during consideration of the remaining agenda items in accordance with Section 100A(4) of the Local Government Act 1972 on the basis that, having regard to all the circumstances, the public interest in maintaining the exemption outweighed the public interest in disclosing the information, as defined in Paragraph 3 of Part 1 of Schedule 12A to the Act.

To confirm the exempt minutes of the meeting held on 17 December 2024.

With corrections to amend the attendance list, the exempt minutes of the meeting held on 17 December 2024 were confirmed as an accurate record and signed by the Chair.

Report of Corporate Director for Finance and Resources.

This item does not contain any decisions eligible for call-in.

Councillor Ethan Radford joined the meeting for this item.

Jiayue Wang, Companies Governance Compliance Officer, presented the annual review and progress update on subsidiaries and non-subsidiaries. Details of the report and subsequent discussion are set out in the exempt minute.

Resolved to:

1)  note the progress on the actions related to the Committee’s previous decisions on the Council’s interests in subsidiaries, non-subsidiary companies, and other commercial ventures.

2)  note the new recommendations regarding the Council’s future interests in subsidiaries, non-subsidiary companies, and other commercial ventures.