RESOLVED:
1. That Cabinet note the emerging insights around the rising cost of living in Surrey, and the rapidly evolving national context.
2. That Cabinet note the potential severity of the evolving situation and the possible impact for local communities, staff and business continuity.
3. That Cabinet note the financial investment made to date and the council’s intention to continue to support residents, communities and partners through further financial investment where possible, whilst being mindful of the increasing financial pressures on the council.
4. That Cabinet endorse the developing response to the rising cost of living, both internally and with partners, and the planned mitigations to manage risks to resident welfare, staff wellbeing, and service capacity and continuity.
5. That Cabinet agree that the council will work with other councils and national organisations such as the LGA and the County Council’s Network to engage with Government on matters of importance relating to cost of living, including to further support provision targeted at vulnerable households to improve thermal insulation and reduce fuel poverty.
Reasons for Decisions:
The rising cost of living has the potential to affect many of Surrey’s residents including, but not limited to, those already experiencing financial hardship. The council’s response to the situation has been designed to support residents and staff, whilst being mindful of the council’s own financial situation.
(The decisions on this item can be called-in by the Communities, Environment and Highways Select Committee)