This cover report introduces the London Ventures Progress Summary and Options for Future Delivery of the Programme report. The report updates the Board on the progress of the Ventures that are currently part of the London Ventures portfolio, and early indications of their impact. The report also sets out options for the future direction of the London Ventures programme.
The report includes a summary of the London Ventures programme commercial structure and detail of the current financial position.
Recommendations
It is recommended that the Capital Ambition Board receive and discuss the report and agree to:
a) Note the progress of the London Ventures programme.
b) Note the programme financial projections.
c) Note EY’s proposals for the future of the programme and consider which options they would like to receive for further consideration at the June 2015 AGM.
