Feeling the pinch 👀
Redesigning worklife | #74
So there it is, Rishi to the rescue with a package of ‘support’ to offset rising energy bills, which covers less than half of the £693 energy bill hike for the average UK household from April 1 👀
£150 rebate on council tax for some and a £200 negative levy on energy bills from October to be repaid in instalments over the next five years. The Centre for Economics and Business Research forecasts a £1,980 rise in overall living costs. The government is trying to soften the blow, but it’s not enough for the brutal cost of living crisis.
All eyes are on the UK to see how we handle this.
And there’s Andrew Bailey, Bank of England boss, telling us not to ask for a big pay rise!! i.e. the 0.5% interest rate rise will be the first of many if we start demanding higher wages. All well and good if you’re earning half a million a year…
Sod that! I'm going to have to raise my prices.
We’ve had bankers’ tax cuts, billions lost to fraud on Covid loan schemes, losses on PPE, and Shell reporting mega-profits. Good to see Red Ed back on it - excellent timing - with calls for a windfall tax on energy firms to help with the price hike.
Time to transform the way we do business. The Better Business Act is collective lobbying for change in company law to ensure companies align their interests with wider society and the environment. 900 companies have opted to be part of the coalition for a cleaner, greener, fairer future for all 👏
Will you join them? You can nominate a leader here.
What help can you get?
Covid cash cut… a running summary from the NUJ London Freelance branch of what help’s available. If you're going to apply for the Household Support Fund via your local council, do it now - it expires March 31.
Write to your energy supplier. I've written to Octopus to ask for help - they have a £2.5m financial hardship fund and the Warm Homes Discount, which gives you £140 off your bill. This needs increasing and extending.
Turn2us - benefit calculator and grants search to find out what support you can get.
Join a union: the NUJ’s charity has been brilliant and helped me financially throughout Covid as I wasn’t eligible for the SEISS grant. They've also given other key workers and me a pay rise and backdated pay to offset inflation.
Citizens Advice are helping record numbers with energy help, advice and referrals for crisis support.
We all need to slowly adjust to paying more for energy bills, and that's fine. I can be frugal when I need to. But a scarcity mindset isn’t great for my mental health, business and creativity.
I don’t need to cut back - I just need to earn more. So I will be raising my fees and retraining for higher-paying work.
Not going out and spending money locally won't help small businesses either or create a thriving community to be proud of.
5 Things 🖐
Growmotely's Align Summit: Building the thriving business of the future. A global online event for entrepreneurs, business owners and leaders transforming the world of work. 7-9 February, free or pay what you can afford. Excellent speakers and topics. Excited about this! Love Growmotely's vibe ✨
→ Join: Align Summit (Growmotely)
Tallinn's Got Talent: Why Estonia's capital is the best city in the world for digital nomads. James Ware on his week working from Tallinn, recently ranked the best city in the world for remote workers: "not because of one wow thing, but a gazillion small things that accumulate into your experience." On my list. Love the Igluoffice, a workspace set by the sea - like an Airstream with frills.
→ Read: Tallin's Got Talent (The Independent)
Unlearning the way we work - Alastair Simpson, VP of Design at Dropbox, has led the company's virtual-first transformation. Great to see a design-led approach to the future of work rather than the usual Ops and HR focus - we need more of this! The framework they used for their distributed teams is a Virtual First Toolkit.
→ Listen: unlearning the way we work (Remote First podcast)
Move to Sicily for free: restored 1Euro house in Sambuca looking for a live-in Airbnb host for a year. Be the host of a designer house in Sambuca, learning Italian, experiencing local life, and helping regenerate the region. Great initiative from Airbnb - remote work is the way to regenerate small towns. Also good to see CEO Brian Chesky doing the product research…
→ Read: move to Sicily for free (Evening Standard)
Clear thinking for 2022 - topline findings from a new report surveying knowledge workers and what we want (flexibility, change, hybrid). Intriguing to hear Julia Hobsbawm (The Nowhere Office) say, “the world is going freelance,” with growing numbers of solopreneurs making their own luck. Ipsos: "we're going to need offices, but just not for work.” I enjoy every episode of Bruce’s thoughtful podcast.
→ Listen: clear thinking for 2022 (Eat Sleep Work Repeat)