Evolve Norse Business Plan 2026/27 and company performance for 2025/26

July 14, 2026 Shareholder Committee (Committee) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

The Shareholder Committee approved the Evolve Norse Business Plan for 2026/27 on 14/07/2026. The committee noted that the company did not lose money in the 2025/26 financial year but provided £27,000 in rental income to the council. The business plan includes rebranding to Waltham Forest Norse and progressing the Crematorium project in Chingford.

Full council record

Purpose

Shareholder Committee is recommended to agree Evolve Business Plan and note the company performance for 25/26.

Decision

Shareholder Committee:

(1)          approved the Evolve Norse Business Plan for 2026/27 attached as Exempt Appendix 1 to the report; and

(2)          noted that the company did not lose any money in the 2025/26 financial year but did provide £27,000 rental income to the council.

Options & Alternatives Considered

Shareholder Committee has the option not to approve the 2026/27 Business Plan. Evolve Norse would be required to resubmit a further update for agreement and potentially would not be able to implement the outcomes of the Business Plan 2026/27 as per the terms of the Shareholders Agreement.

Supporting Documents

Evolve Norse Business Plan - Shareholder Committee report.pdf

Details

OutcomeRecommendations Approved
Decision date14 Jul 2026
Expected date14 Jul 2026
Originally due14 Jul 2026
Lead officerCraig Egglestone