Decision details

1) The financial strategy described in Section 8 of the report was approved

2) A further report be brought to a future meeting of the Cabinet to propose a detailed plan for placing certain Capital Spending plans "on hold" which will remain "on hold" until the overall financial impact on the Council is known with reasonable certainty

3) Cabinet noted that the plan to place Capital Spending "on hold" is a plan only, and any cancellation of Capital Schemes would only be invoked in the event that the Council needs to respond to a forecast financial impact of the magnitude set out in this report.