That: Cabinet

a) Reviews the financial forecast for 2024/25, as set out in the appendices A-D, and  identifies any additional actions to be considered to reduce forecast cost pressures;

b) Notes the progress in delivery of savings targets for 2024/25; and

c) Approves the transfer of Earmarked Reserve balances to establish a Contingency  Reserve to manage the risk of unforeseen demand and cost pressures.