Greenwich Council's Cabinet has approved the Housing Revenue Account (HRA) Medium Term Financial Strategy and the budget and rent setting for the 2026/27 financial year. The decision was made during a meeting held on Wednesday, February 18, 2026.

The Cabinet noted the financial pressures facing the HRA, the specifics of which are detailed in the relevant report. Alongside these pressures, the Cabinet approved changes to rents and charges for the 2026/27 financial year. An amendment to reduce the rephasing of capital expenditure was also agreed, with the specific amount and rationale for this reduction also outlined in the report.

Housing Ombudsman Service report detailing landlord performance for the Royal Borough of Greenwich from April 2024 to March 2025, including key metrics like determinations, findings, maladministration rates, and compensation.
Housing Ombudsman Service report detailing landlord performance for the Royal Borough of Greenwich from April 2024 to March 2025, including key metrics like determinations, findings, maladministration rates, and compensation.

This forms part of a broader financial planning exercise for the council. The meeting also covered treasury management and capital strategies for the upcoming financial year. Key elements discussed included agreeing capital bids, noting Prudential Indicators for the period 2024/25-2028/29, and noting the arrangements for determining the Minimum Revenue Provision for 2026/27. The Treasury Management Strategy and Capital Strategy for the 2026/27 financial year are available for review.

Illustration depicting diverse individuals and community themes, possibly representing the
Illustration depicting diverse individuals and community themes, possibly representing the \"Our Greenwich\" strategy discussed in the council meeting.

Further details on the HRA's financial strategy and rent setting can be found in the relevant report: Housing Revenue Account medium term financial strategy and budget and rent setting for 2026-27.