Issue - meetings

Cabinet noted the ongoing pressures to the Council as a result of the wider micro-economic uncertainty and the potential upcoming recession.

Decision

Cabinet noted the ongoing pressures to the Council as a result of the wider macro-economic uncertainty and the potential upcoming recession.

Corporate Priorities

A clean, safe and enjoyable environment; Building strong and vibrant communities; Ensuring economic growth and prosperity; Providing good quality affordable homes, in particular for those most in need; Ensuring efficient, effective and modern service delivery; Climate and ecological emergency

Statutory Officer Comments:

Monitoring Officer:

No comments to add to the report.

S151 Officer:

This is a S151 Officer report and comments are included in the body of the report.

Advice

Cllr Elliott introduced the report and highlighted the issues of inflation that will impact on fuel prices as well as many other aspects of people’s lives. A key concern is Commercial Assets; the energy costs of shops, particularly high energy consumers such as fish & chip shops & restaurants.  Will need to monitor closes and look at what support we can give.

Cllr Griffiths advised the Cost of Living Symposium had to be cancelled and moved to 10^th October due to events at the time.  Noting it will be an important piece of work for our community partners to work together; ensuring we are not going off on different tangents.

NHowcutt noted it is quite a daunting report in terms of outcomes, advising that we monitor all significant income and expenditure streams and report back on a quarterly basis, if things do come up we have arrangements in place to deal with those issues as they arise. 

Recommendations agreed