In our last meeting of 2023, we’ll be back on January 8, 2024, we covered the Chancellor’s Autumn Statement and its effects on the Revenues and Benefits department, along with its impact on citizens and stakeholders. We went through various topics, including changes in business rates, unexpected effects on council tax reduction schemes, and how…
Month: November 2023
Autumn Statement In a nutshell
Regarding benefits, there is a 6.7 percent increase, aligning with September’s inflation figures. This translates to an average enhancement of £470 for approximately 5.5 million households. Originally, ministers contemplated utilizing October’s inflation figure of 4.6 percent, potentially saving £3 billion but adversely impacting nine million households amidst the escalating cost of living. In addition, LHA…
Monday Discussion Group 20th November 2023 Veterans, Inflation and Rent CVs
In our Monday meeting, we had an insightful discussion about the Veteran’s Support Scheme, initiated by Robert Fox. It was interesting to note that this topic hadn’t been addressed previously. Our conversation revealed an overlooked demographic in our data analysis. We identified several existing veteran support initiatives, notably at the county level, yet observed a…
The UK Inflation Landscape: A Fragile Equilibrium and Looming Energy Bill Concerns
The UK’s inflation scenario presents a complex picture of stability amidst volatility, marked by continued price rises at a consistent rate and significant contributions from persistent high petrol and diesel costs. Notably, for the first time since September 2021, food and non-alcoholic drink prices have shown a decrease, including specific declines in the prices of…
Reforming Council Tax Reduction Schemes
The Government didn’t make life easy for local authorities when council tax reduction schemes were introduced in 2013. Local authorities were not given much time to prepare the way, so it was unsurprising that most schemes followed the default regulations and ended up very similar to Council Tax Benefit. Local authorities in England were also…
Monday Discussion Group 6/11/23: Rental Market Part 2
This week, at our Monday meeting on Revenues and Benefits, we continued our conversation about the factors influencing the rental market. We reviewed The Harrison report, which highlights the trend of London renters moving to other regions, significantly impacting those local markets. For example, in some parts of Oxford, 55% of potential tenants are from…
Storms Exacerbate the UK Housing Crisis
The United Kingdom’s housing crisis, characterized by a shortage of affordable homes, skyrocketing prices, and rising homelessness, faces an additional relentless challenge: the increasing severity and frequency of storms. As the climate crisis escalates, the impact of adverse weather events on the already strained housing sector is becoming more acute, further complicating the lives of…
Monday Discussion Group 30/10/23: Jobs and Rental markets: The Ignored Crisis Part One
This week, our Monday Revenues and Benefits Discussion Group had an important discussion about two connected issues. First, we talked about the job market. Paul Howarth shared insights about changes in how the Office of National Statistics (ONS) collects and reports on job market data and what it means for us. The key point to…