Insight e-bulletin – September 2022

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Insight e-bulletin September 2022

In this issue:

City of Culture 2021- Supplementary report

Source:  City of Culture 2021

The latest City of Culture 2021 Supplementary Report is published this month. 

A few headline statistics from this report are:

  • £172.6 million investment secured into the city as a result of Coventry being awarded by UK City of Culture.
  • Over 1,000,000 live and online audiences.
  • Over 700 events formed the UK City of Culture 2021 programme.
  • 43% of tickets issued within Coventry were to citizens who are financially stretched/facing urban adversity.
  • 15 new cultural leaders trained through the City of Leadership programme and 13 apprentices trained.

Cost of Living Crisis analysis

Source:  Insight, Coventry City Council

In early September the government announced the Energy Price Guarantee (EPG) as a freeze on domestic energy prices for 2 years. The stated commitment is a target price of £2,500/yr for the ‘typical’ UK home. This equates to 34p per kWh for electricity, and 10.3p per kWh for gas. The actual total will vary depending on your usage, you can calculate your new household energy costs here: Price Cap Unit Rates 

The EPG rates are approximately 65% more than domestic energy prices last winter. This broadly equates to a tripling of fuel poverty rates in one year, however without the EPG it would have been 5 times as much. The Insight team has mapped the new costs by ward in Coventry against 10% of total income as a proxy for fuel poverty. Despite the EPG, the most affluent wards in Coventry will have higher rates of fuel poverty this winter than the least affluent wards last winter. Please see the Insight energy costs vs. 10% of income heat map dashboard here: Cost of living

One Coventry Plan Annual Performance Report 2021-2022

Source:  Insight, Coventry City Council

The One Coventry Plan Annual Performance Report is now published on the Council's website. Please read this full report.

One Coventry Plan Annual Performance Report 2021 - 2022