Agenda item

To update the Shareholder Advisory Board on the current status of the business and to provide information on Blackpool Operating Company Limited’s recovery plan and budget forecasts.

(This item contains commercially sensitive information which is exempt from publication by virtue of Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972).

(The press and public were excluded prior to the consideration of this item as defined in paragraph 3 of Part 1 of Schedule 12A of the Act.)

Councillor Graham Cain, Chairman of the Blackpool Operating Company Limited Board, and Mr John Child, Managing Director, provided an update on the company’s current status, information on its recovery plan and budget forecasts.

The Advisory Board discussed the information provided in detail and agreed to note the update.