Issue - meetings

Treasury Management Mid-Year Review 2025 / 2026

Meeting: 22/01/2026 - Council (Item 14A))

14A) Treasury Management Strategy Mid-Year Review Report 2025/26 PDF 442 KB

This report gives an overview of treasury management activity since 1 April 2025 and presents a review of the Treasury Strategy approved by Council on 27 February 2025.

Meeting: 16/12/2025 - Cabinet (Item 11)

11 Treasury Management Strategy Mid-Year Review Report 2025/26 PDF 443 KB

Minutes:

Background:

This report provided an overview of treasury management activity since 1 April 2025 and presented a review of the Treasury Strategy approved by Council on 27 February 2025.

The report included an economic update for the first half of 2025/26 and reviews of the Treasury Management Strategy Statement and Annual Investment Strategy; the Council’s borrowing strategy for 2025/26; any debt rescheduling undertaken and compliance with Treasury and Prudential Limits for 2025/26.

The report had previously been considered by the Audit Committee on 30 October 2025, the minutes of which were set out at section 11 of the report and would also be considered by Full Council on 22 January 2026.

Decision number:	Decision:
	The Cabinet noted the comments of the Audit Committee set out at section 11 of the report.
	The Cabinet considered the report, noted its contents and noted that the report would also be referred to Full Council.
193/2025	The Cabinet agreed that the Leader of the Council, in consultation with the Chief Operating Officer, would write to the Public Works Loan Board (PWLB) to request clarification of how decisions were taken in relation to the setting of interest rates.

Reasons:

In accordance with the Chartered Institute of Public Finance Accountancy’s (CIPFA) Code of Practice for Treasury Management, there should be a review of the strategy at least half yearly.