Norse Group
Waltham Forest Council recently approved Evolve Norse's 2026/27 business plan, noting its financial performance.
Waltham Forest Council's Shareholder Committee approved the 2026/27 business plan for Evolve Norse, a joint venture with Norse Group, in July 2026. The committee also noted the company, which provides property services and built environment expertise, reported no financial losses for the 2025/26 financial year and generated £27,000 in rental income for the council.
The 2026/27 business plan follows a forecast in July 2025 that Evolve Norse would achieve a net operating profit of £86,000 for the 2025/26 financial year. At that time, a report to the committee said the Norse Group would absorb any losses, ensuring no financial exposure for Waltham Forest Council.
Key facts
- Waltham Forest Council's Shareholder Committee approved Evolve Norse's 2026/27 business plan in July 2026. Source
- Evolve Norse reported no financial losses for the 2025/26 financial year. Source
- Evolve Norse generated £27,000 in rental income for Waltham Forest Council in 2025/26. Source
- In July 2025, Evolve Norse was forecasting a net operating profit of £86,000 for the 2025/26 financial year. Source
- The Norse Group will absorb any losses made by Evolve Norse. Source
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 1 October 2026. Spotted a mistake? Email community@opencouncil.network.