Danske Bank
Havering Council's treasury management performance for 2024/25 shows investments exceeded benchmarks and long-term debt is fixed.
Havering Council's investments for 2024/25 exceeded its benchmark, achieving a 5.26% yield against a 4.82% benchmark, as reported in July 2025. The council's total investments stood at £117 million as of March 2025, according to a report presented by Kathy Freeman, Strategic Director of Resources and S151 Officer, to the Audit Committee.
The council's long-term debt portfolio for 2024/25 remained fixed at an average interest rate of 3.70%, despite fluctuations in the Bank of England's base rate. This was also reviewed by the Audit Committee in July 2025, as part of the Annual Treasury Management Report presented by Kathy Freeman.
Key facts
- Havering Council's investments yielded 5.26% for 2024/25, exceeding the 3-month SONIA benchmark of 4.82%. Source
- Havering Council's total investments were £117 million as of March 31, 2025. Source
- Havering Council's long-term debt portfolio was fixed at an average rate of 3.70% for 2024/25. Source
- These figures were presented at the Havering Council Audit Committee meeting on 8 July 2025. 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.