Report of the Chamberlain
The Board received a report of the Chamberlain concerning the mid-year Treasury Management review for the 2019/20 financial year. The Board discussed the increase in the margin on Gilt rates charged by Government for loans issued to local authorities by the Public Works Loan Board. The Chamberlain advised that this had been unexpected and was likely to be the subject of further discussion after the General Election.
RESOLVED – That the report be noted.