Greenwich Council's Cabinet convened on Wednesday, February 18, 2026, to address critical financial and strategic plans for the 2026/27 fiscal year. Central to the discussions were the Treasury Management Strategy and the Capital Strategy, which dictate the council's approach to financial management and investments. These strategies are being developed amidst noted financial pressures facing the Housing Revenue Account (HRA), as highlighted in the Housing Revenue Account medium term financial strategy and budget and rent setting for 2026-27 report. The proposed budget and council tax for the upcoming year, detailed in the Budget and Council Tax Setting 2026/27 agenda item, are significant decisions expected to impact residents and council services, underscoring the financial considerations driving these proposals.

Bar chart comparing a provisional figure for Greenwich against London and a comparator group.
Greenwich vs London and Comparator Group

The Cabinet was tasked with considering and agreeing upon these vital strategies, essential for maintaining the council's financial stability and its capacity to fund essential services. The agenda also included agreeing capital bids, noting Prudential Indicators for the period 2024/25-2028/29, and reviewing the arrangements for determining the Minimum Revenue Provision for 2026/27. The Medium Term Financial Strategy 2026/27+ agenda item further emphasizes the need for a robust framework for multi-year financial planning.

Illustration depicting diverse individuals and community themes.
Our Greenwich Strategy

Key discussion points for the Treasury Management Strategy and Capital Strategy included agreeing capital bids, noting the Prudential Indicators for 2024/25-2028/29, and noting the arrangements for determining the Minimum Revenue Provision for 2026/27. While specific outcomes were not detailed in the provided information, these items formed the core of the financial strategy discussions. The overarching Budget and Council Tax Setting 2026/27 report signifies that these financial decisions will have a direct impact on residents and the delivery of council services throughout the borough.

A woman interacts with a display board outlining the council's mission to design services around the needs of residents.
Designing Services for Residents

Further details on the council's financial planning and strategies can be found in the following documents:

A healthcare professional interacts with individuals in a waiting area, possibly discussing health and social care services.
Health and Social Care Discussion

The meeting agenda, available at Agenda frontsheet 18th-Feb-2026 14.00 Cabinet, provides a comprehensive overview of the items discussed. Decisions made during the meeting can be found in the Decisions 18th-Feb-2026 14.00 Cabinet document.