Issue - meetings

Update on Cost of Living Response

Meeting: 31/10/2023 - Cabinet (Item 49)

49 Update on the Council's Response to the Cost of Living Crisis (Key Decision) pdf icon PDF 518 KB

Decision:

That Cabinet:

 

a)        note the progress against the Cost-of-Living Action Plan as outlined in section 2 of the report;

b)        approve the additional proposals set out in section 3.2 of the report funded from the existing budget previously approved; and

c)        approve that a further report be brought to the next meeting of the Cabinet in December 2023 outlining the proposed projects for 2024/25.

Minutes:

The Business Manager – Regeneration & Strategic Housing presented a report which provided an update on the delivery of proposals to assist tenants, residents, local businesses and employees with the rise in the cost of living. The report set out the progress against the cost of living action plan which captured the range of projects and activities designed to offer such cost of living support, and provided details of proposed additional activities for the remainder of 2023/24.

 

AGREED      (unanimously) that Cabinet:

 

a)            note the progress against the Cost-of-Living Action Plan as outlined in section 2 of the report;

 

b)            approve the additional proposals set out in section 3.2 of the report funded from the existing budget previously approved; and

 

c)             approve that a further report be brought to the next meeting of the Cabinet in December 2023 outlining the proposed projects for 2024/25.

 

Reasons for Decision

To support tenants, residents, businesses and employees with the ongoing challenges of the cost of living.

 

Options Considered

Alternative options include not providing a cost-of-living response; however, this has not been considered viable given the pressures faced by residents, staff and business alike.