RESOLVED:

A. That Cabinet noted the report which provided Members with an update on the Council’s Treasury management activity during 2020-21 and detailed any areas of difference from the Treasury management strategy approved in March 2020

The Leader of the Council presented the report on how the treasury funds kept by the Council were managed.

The Chief Executive highlighted the work the financial services had undertaken during the Covid-19 pandemic to ensure income generated from investments continued to be safe.

RESOLVED:

A. That Cabinet noted the report which provided Members with an update on the Council’s Treasury management activity during 2020-21 and detailed any areas of difference from the Treasury management strategy approved in March 2020