Agenda item

Council owned companies - financial update

Report of Interim Corporate Director for Finance and Resources

Minutes:

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

 

Ian Edward, Strategic Advisor for Companies, presented the report, updating the Committee on the latest position in respect of Council owned companies.

 

Resolved to note the update.

 

Reason for recommendation

To ensure the sub-committee understands the current financial position of the group of companies of Nottingham City Council and any risks highlighted in the report for action.

 

Other options considered

None.

Supporting documents: