Issue - meetings

The Committee is asked to consider the significant strategic risks and issues highlighted in the report.

The Committee received a report on the Corporate Risk Register from the Deputy Chief Executive. The report highlighted the Council’s continued efforts to identify, monitor, and manage its most significant strategic risks in relation to the delivery of the corporate priorities. A new risk subject area relating to Contract Management had been added, and there had been updated risk scores for Finance Resilience and Commercial Assets – Commercial Investment Portfolio, and Financial Resilience and Supporting Communities – Reducing debt, both of which had moved from an amber rating to a red rating. This was the last presentation of the Corporate Risk Register in its current form as the next would be formatted to incorporate a governance assurance-based approach to risk management.

The Committee explored the rationale behind some of the risk ratings, and were assured that some of the risk areas would be addressed through the Council’s forthcoming Improvement and Recovery Plan and further reports that would be presented to Council in November for approval. The Committee suggested that future reports may benefit from referencing Key Performance Indicators to provide the Committee with assurance that performance was being managed and monitored.

The Committee resolved to agree that they had considered the significant strategic risks and issues highlighted in the report and to present these to the Corporate Policy and Resources Committee, ensuring continued wider reporting of the Corporate Risk Register and actions across Committees.

Verbal Update

The Chair confirmed this would be considered at an additional meeting scheduled for 21 October 2025 to consider the remaining business on the agenda.