A report by the Director of Finance informed the Cabinet of the outcome of a procurement process to appoint a provider of banking services for the Council and recommended that it approve the awarding of the contract.  The detail of the recommendation was provided in an exempt report by virtue of paragraph(s) 3 of Part 1 of Schedule 12A of the Local Government Act 1972, i.e. Information relating to the financial or business affairs of any particular person (including the authority holding that information)(Minute No. 427 refers).

RESOLVED:

That the bank recommended in the exempt report be appointed to provide banking services to the Council.