RESOLVED:

A. That Cabinet noted the update on Treasury Management performance for the half year to 30 September 2023 and agrees to submit this update to Full Council

B. That Cabinet agreed to recommend to Council that it delegates authority to the Executive Director of Finance and Digital (S151 officer) to make short term treasury investment decisions not otherwise currently authorised by the Council’s Treasury Management Strategy based on current market conditions/interest rates movements and funds availability to maximise the investment returns. The Annual Treasury Management Strategy for FY2024/25 will be presented to the Council in March 2024.