Risk category		Risk subject area	Updated Risk Category		Updated risk subject areas
1a-Housing – Development and Targets	1	Alternative Development delivery options	1 Housing – Delivering targets for housing development and affordable housing requirements	1	Options for housing development on Council sites and timelines for delivery
1a-Housing -Development and Targets	2	Timelines for delivery
1a-Housing -Development and Targets	3	Housing Development Programme
1a- Housing -Development and Targets	4	Local Plan		2	Local Plan and housing delivery targets
1b-Housing – Affordable	5	Housing Supply and Demand		3	Addressing affordable housing supply and demand to meet local need
1b-Housing – Affordable	6	Housing Provision and addressing need
2-Economy	7	Long term uncertainty of macroeconomic environment	2-Economy	4	National and regional threats to local economic prosperity
2-Economy	8	Cost of doing business crisis
3-Financial Resilience and Commercial Assets	9	Commercial investment portfolio	3-Financial Resilience and Commercial Assets	5	Commercial investment portfolio
4-Financial Resilience and Supporting Communities	10	Financial Pressures – increased costs	4-Financial Resilience and Supporting Communities	6	Managing increased costs
4-Financial Resilience and Supporting Communities	11	Restricted borrowing levels		7	Financing projects under restricted borrowing levels
4-Financial Resilience and Supporting Communities	12	Financial Pressures – Cost of living Crisis and increased demand		8	Financial pressures due to increased demand for services
5- Treasury Management	13	Return on investments	5- Treasury Management	9	Delivering best value from investments and borrowing
5- Treasury Management	14	Borrowing
6-Climate Change	15	Climate - change threat and impact	6-Climate Change	10	Climate – threat, impact and response
6-Climate Change	16	Responding and adapting to Climate Change
6-Climate Change	17	Integration into decision making		11	Integration into decision making and targets
6-Climate Change	18	Targets for Climate Change
7- Corporate Capacity, Resources, Recruitment and Retention	19	Corporate capacity	7- Corporate Capacity, Resources, Recruitment and Retention	12	Corporate capacity
7- Corporate Capacity, Resources, Recruitment and Retention	20	Recruitment and retention		13	Recruitment and retention
8-Equality, Diversity and Inclusivity	21	Legislative requirements	8-Equality, Diversity and Inclusivity	14	Coordinated approach to legislative requirements
8-Equality, Diversity and Inclusivity	22	Coordinated approach
9- Working arrangements across LG tiers	23	Change Management	9- Local Government Reorganisation	15	Strategic decisions
9- Working arrangements across LG tiers	24	Strategic decisions		16	Managing change

Appendix C - Possible areas for changes/consolidation to risk categories and subject areas