Cost of Living Crisis – Business Response Forum
This event will explore how businesses can take action on the cost of living crisis.
23 Jun 2022
9:30 - 10:30 am
The cost-of-living is the cost of maintaining a certain standard of living.
It’s been called the worst cost-of-living crisis for half a century with homeowners contending with soaring energy and food costs, and businesses tackling the spiralling price of overheads.
The cost-of-living crisis is projected to push thousands of individuals and families over the poverty line.
The Joseph Rowntree Foundation (JRF) suggests 330,000 people in Northern Ireland live in poverty – almost one-in-five, but the poverty rate is highest among children, with almost one in four (24%) living in poverty.
As we face a 30-year inflation high, £1 in every £5 from low-income family budgets could go on energy costs this year.
The cost-of-living crisis will continue to plunge more households in to poverty. With that comes the likely increase in health, social and economic issues.
We need a strong business response across all sectors and geographic regions to help create communities that enable people to live, work, survive and thrive.
This event is for members and partners of Business in the Community