Consideration was given to recommendation AU 23/21 of the Audit Committee of 24 July 2023.
Cabinet had due regard to the legal implications, financial and value for money considerations and noted that effective risk management arrangements contributed positively to ensuring value for money was provided in the delivery of services.
RESOLVED: That the updates to the Strategic Risk Register since the last iteration, with particular emphasis on those risks categorised as RED (set out below) be noted:
· Financial position/budget deficit
· Economic stability
· Savings and Transformation Strategy
· Local plan
· Organisational development, including recruitment and retention/skills mix
· Homes for Ukraine Scheme
· Implementation of the Agile software system
· Political factors including stability of political leadership and decision making