Purpose

To approve the new Southwark Cost of Living
response for 2024-25

Decision

The cabinet member approves the
following:
 
1. 
That the ongoing impact of the cost-of-living crisis, what
it means for residents of Southwark, and the council’s
ongoing approach to support residents in 2024/25 be
noted.
 
2. 
To note the council’s £2.734m allocation from
the Government’s Household Support Fund covering the period
of October 2024 – March 2025 and its inclusion within a new
Southwark Council Cost of Living Fund in 2024/25.
 
3. 
That the new Southwark Cost of Living response for the
period October 2024 – March 2025 and the Cash First approach
to the distribution of support (Help to pay bills) be
approved.
 
4. 
That responsibility is delegated to the Strategic Director
for Resources with delegated responsibility to make future
amendments to the Southwark Cost of Living Fund in consultation
with the Cabinet Member for Equalities Democracy and
Finance.
 
5. 
To note other activities to support residents during the
Cost-of-Living crisis including all the strands set out in the
report.