Issue - meetings

The Principal Democratic Services Officer presented the Shareholders Committee Annual Report 2025/26.

The Committee was advised that it was a constitutional requirement for the Shareholders Committee, as a sub-committee of Executive Committee, to produce an annual report.

It was noted that a draft version of the report had been considered at a meeting of the Shareholders Committee in April 2026. Feedback had been provided at that meeting, with Members requesting additional information on work delivered by Rubicon Leisure during the previous year in line with the business plan, as well as the inclusion of further images. These amendments had been incorporated into the final version of the report presented.

The Principal Democratic Services Officer explained that, subject to any comments from the Committee, the report would be presented at the next Council meeting by the former Chair of the Shareholders Committee, Councillor Sharon Harvey.

In considering the report, a query was raised regarding the historical structure of the Shareholders Committee, which had previously been a cross-party Committee reporting to Council. Members were advised that, following a review of the governance structure and the seeking of external legal advice, it had been determined that the Shareholders Committee should operate as a sub-committee of the Executive Committee in line with best practice. Reassurance was provided that Group Leaders would continue to be invited to attend Shareholders Committee meetings and participate in debates if they so wished.

RECOMMENDED that

the Shareholders Committee Annual Report 2025/26 be noted.

A draft copy of the Shareholders Committee’s Annual Report 2025/26 is attached for information.  The Chair’s Foreword will be published in a supplementary pack for the meeting.