Stockton-on-Tees Borough Council

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Cabinet Decision: 1st November 2012
Title of Item/Report
Economic Climate Update Report
Record of the Decision
Cabinet considered a monthly update report providing members with an overview of the current economic climate, outlining the effects that this was having on Stockton Borough, and the mitigations already in place and those being developed.

Members noted some of the positive and negative developments since the last report. Details of the support on offer to people and businesses was also provided.

RESOLVED that the content of the report be noted and the work undertaken to date supported.
Reasons for the Decision
The global economic slow down was having a significant effect on local businesses, residents and Council Services.
Alternative Options Considered and Rejected
Declared (Cabinet Member) Conflicts of Interest
Councillor Cook declared a personal interest in the item entitled Economic Climate Update Report, under paragraph 11 of the Council's Code of Conduct for Members, as he was a Member of the Durham and Tees Valley Airport Board, which was mentioned during discussion.
Details of any Dispensations
Not applicable
Date and Time by which Call In must be executed
Midnight on Friday 9 November 2012

Date of Publication: 05 November 2012

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