Cabinet considered the Annual Investment Report (AIR) 2020 which sets out the performance of the investment and regeneration portfolio as at the end of March 2020. It fully reflects the impact of COVID-19 in the last few weeks of March.
Alternative options considered and rejected by Cabinet:
· To not approve the report.
Resolved to approve the Annual Investment Report.
Reason for Decision
The report sets out a clear picture of the Council’s investment and regeneration assets as at the end of the financial year March 2020 ensuring there is full transparency of the portfolio and its performance.