Issue - meetings

Note the outcome of the annual review was affirmation of the A1 rating, with an economic outlook of ‘negative’, in line with the recent changes to the UK’s rating.

The Committee had before it a report by the Director of Resources which provided an overview of the recent credit rating annual review including details relating to the outcome of the review.

The report recommended:-

that the Committee note the outcome of the annual review was affirmation of the A1 rating, with an economic outlook of ‘negative’, in line with the recent changes to the UK’s rating.

The Committee resolved:-

to approve the recommendation.