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Issue details

Shareholder Update

To decide on the future options for Westco Trading Ltd with regard to the council’s shareholding in the company

Decision type: Non-key

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 20/01/2023

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
This report relates entirely to the commercial nature of the work of Westco Trading Ltd. Disclosure of the information would potentially prejudice the council and the company's interests and is not outweighed by the public interest in disclosing such information

Decision due: 27 Mar 2023 by Cabinet

Lead member: Leader of the Council

Lead director: Executive Director Innovation and Change

Department: Innovation and Change

Contact: Richard Cressey, Head of Governance and Councillor Liaison 17th Floor, Westminster City Hall, 64 Victoria Street, SW1E 6QP Email: rcressey@westminster.gov.uk.

List Documents for Submission: Executive Decision report - Westco Trading Ltd - future options Appendix 1 - Hilton Smythe valuation report