Our CEO's reflections on the Cost of Living Crisis

Author: Chris Elliott
Posted: 17.02.2023
Posted in:

Our CEO's reflections on the Cost of Living Crisis

Last Friday our CEO, Lucy Parish, was part of the panel debating the cost of living crisis at Norfolk Chambers of Commerce' Big Debate event.

Lucy reflected on the event this week: "Our Social Supermarket was set up to support Norwich residents facing this crisis. After just seven months it is already helping over 2,000 households. I explained that around a quarter of these people are employed, which means they could be working for a local organisation represented at the Big Debate event.

My view is that businesses have a responsibility to both their employees and their local community. This could take many forms:

  • ensure you are paying the real living wage

  • maintain an accessible and approachable management approach so that employees feel like they can be honest and say if they are struggling

  • have someone within your firm who is a Cost of Living Champion able to refer employees to sources of help

  • support organisations who are directly helping our community (like us at The Feed)

  • check your supply chains - are you purchasing responsibly from organisations who are also doing the right thing?

  • volunteer to share your business's core skills (IT, finance, marketing) to benefit charities and social enterprises. This will enhance their ability to do what they do best - supporting the local community."

If you'd like to discuss any of this or get involved with The Feed, please drop an email to Lucy lucy@thefeed.org.uk

Photo credit: Chris Ball Photography

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