Agenda item

Minutes of the previous meeting

To agree the public minutes of the meeting held on 13th October 2020.

Minutes:

RESOLVED – That the public minutes of the meeting held on 13th October 2020 be approved as an accurate record.

 

In response to a query concerning City Re and captive insurance, the Chairman confirmed that, subsequently to the Finance Committee meeting in October, discussions had taken place with the Department of Innovation and Growth (IG) to explore whether there was scope for the UK to expand into the captive insurance market. IG would be continuing these discussions with other stakeholders in the insurance market in the coming months and would report back to Finance Committee in 2021.

 

The Chairman re-emphasised that the pause for any additional expenditure on the Centre for Music project remained in place, and the project would only be re-started with the approval of the Court of Common Council.

 

 

 

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