Decision details
Cost of Living approach: Debt and Financial Vulnerabilities workstream
Decision Maker: Policy and Resources Committee
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decisions:
The Director of Public Health, Tamara Djuretic, and Assistant Director for Strategy, Communications and Engagement, Liz Cowie, introduced the report which set out a proposal on the Council’s response to the increasing cost-of-living for residents, relating to targeted interventions to support debt and financial vulnerabilities.
Following consideration of the item, the Chair moved to vote on the recommendations in the report. The vote was recorded as follows:
For: 11
Against: 0
Abstentions: 0
Absent: 1
Total: 12
RESOLVED that the Committee:
1. Note the findings of the insight and intelligence work on Debt and Financial Vulnerability workstream as set out in the report.
2. Approve development of a package of measures to respond to the cost-of-living crisis, using the proposed three-pronged approach drawing on the findings of the Debt and Financial Vulnerability workstream. Recommendations and findings of the design phase will be presented to the Committee in approximately six months for approval.
3. Notes the urgency of the cost-of-living challenges facing residents, and therefore authorises the Chief Executive, in consultation with the Chair of the Committee, to implement any early proposed actions in response to the cost of living that can be delivered within existing budgets and financial authorisations.
Publication date: 05/07/2022
Date of decision: 08/06/2022
Decided at meeting: 08/06/2022 - Policy and Resources Committee
Accompanying Documents:
- Cost of Living approach Debt and Financial Vulnerabilities workstream PDF 287 KB
- Appendix A - Theory of Change and link between debt and wider vulnerabilities PDF 174 KB
- Appendix B - Findings from quantitative analyses PDF 345 KB
- Appendix C - Findings from qualitative analyses (Resident Research Report in Partnership with Policy i PDF 1 MB
- Appendix D - Barnet Making Every Contact Count Sheet Money Support and Advice Sheet PDF 288 KB