Annual Treasury Management Report 2024/25
Havering Council's 2024/25 treasury management report, reviewed in July 2025, detailed investment performance and debt management.
Havering Council's Annual Treasury Management Report 2024/25 was reviewed by the Audit Committee on 8 July 2025. The report indicated that the council's investments for the 2024/25 financial year yielded 5.26%, surpassing the 3-month SONIA benchmark of 4.82% by 0.44%. Kathy Freeman, Strategic Director of Resources and S151 Officer, presented these findings, noting total investments of £117 million as of March 31, 2025.
The same report highlighted that Havering Council's long-term debt portfolio remained fixed at an average interest rate of 3.70% throughout the 2024/25 financial year. This provided stability despite fluctuations in the Bank of England's base rate and UK inflation, as detailed by Kathy Freeman to the Audit Committee in July 2025. No further discussions on the 2024/25 report are currently scheduled.
Key facts
- Havering Council's investments for 2024/25 yielded 5.26%, exceeding the 3-month SONIA benchmark of 4.82%. Source
- The Audit Committee reviewed the Annual Treasury Management Report 2024/25 on 8 July 2025. Source 1 Source 2
- Havering Council's total investments were £117 million as of March 31, 2025. Source
- The council's long-term debt remained fixed at an average rate of 3.70% for 2024/25. Source 1 Source 2
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.