Oldham's credit crunch cabinet

The credit crunch cabinet (CCC) was set up in February 2009 to coordinate Oldham’s approach to the downturn in a rapid and responsive way. It was proposed at the Oldham Partnership economy and enterprise board in January, and agreed at the partnership’s local public service board and through a council motion.

At the same time a rapid intervention fund (RIF) was established from unspent area-based grant funds in 2008 – 09. The RIF will be used carefully and only when there are no other funds available for the proposed activity.

The CCC's role, and how you can help

The CCC’s role is to:

Consider how we could better use existing resources to tackle the effects of the credit crunch
Look at business cases or proposals and decide whether they can be incorporated into what we’re already doing across Oldham, or funded by the RIF
Keep everyone up-to-date with the latest situation. Residents will be kept informed via the local media; partners and elected members via this monthly update, Oldham Partnership meetings and the Oldham Partnership website
Represent Oldham’s interests to central Government

The wider membership of Oldham Partnership also has a role to play. Whilst the CCC will address some of the more urgent and additional impacts of the downturn, all partners will need to consider how they might need to adapt or change their service delivery in response. A monthly update that will be put on this webpage will give partners key information which they can take into account when developing delivery plans and reviewing their services.

Membership of the CCWC

The CCWC is chaired by Cllr Howard Sykes. The members of the credit crunch war council are from the following organisations:

Oldham Council
Oldham Sixth Form College
Oldham Partnership
Greater Manchester Police
Groundwork
Jobcentre Plus
Learning and Skills Council, Greater Manchester
Royal Bank of Scotland (representing the private sector)

There will be a monthly pre meeting to collect information for the CCC and identify emerging issues and solutions. You can make suggestions and contributions to this work via the contacts below.