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Prior to the election the majority of the seats on the council were held by independent councillors, with 20 of the 38 councillors not representing a political party. The independents did not act as one political group, instead sitting as four different groups. Since 2017 the council had been led by Tim Gwilliam of the "Progressive Independents" group.
Following the election, the council consisted of fifteen Green, eleven Independent, five Labour, four Conservative and three Liberal Democrat councillors. Of the wards where more than 3 candidates stood, Labour councillor Di Martin and newly elected Labour councillor Matt Bishop achieved the highest share individually where they received 34% and 32% of the vote respectively in Cinderford East. At the subsequent annual council meeting on 25 May 2023, Green councillor Mark Topping was appointed Leader of the Council with support from Labour on a confidence and supply basis. Former Labour group leader Di Martin was appointed as chair of the council at the same meeting.
Of the 20 independent councillors prior to the election, seven formed the "Progressive Independents Group" (which included council leader Tim Gwilliam), six formed the "Independent Group", four formed the "Independent Alliance Group", and three formed "Independent Group 2".