District council pledges to tackle late payments
Lichfield District Council has signed up to the Pay in 30 Days pledge, designed to tackle late payments to small and medium enterprises.
Launched by Tony Robinson OBE, Pay in 30 Days is an initiative that Lichfield & Tamworth Chamber of Commerce has adopted as its main policy. It is designed to tackle late payments – a big issue facing the area’s small and medium enterprises.
Given the difficulties facing local businesses due to Covid-19 and, to support the recovery of the local economy, Lichfield District Council has now pledged its support to pay its suppliers within 30 days or within the agreed terms of the contract, and is encouraging others to pledge their support.
Cllr Rob Strachan, Cabinet Member for Finance, Procurement, Customer Services and Revenues & Benefits, said:
“Signing this pledge shows our commitment to pay our suppliers within 30 days.
“Late payment can stifle growth, especially for small and micro businesses and, with all the challenges the coronavirus crisis has brought, it’s never been more important that we all play our part.
“We hope others will join us in making this pledge, and positively affect the cash flow across small and medium enterprises.”
President of Lichfield and Tamworth Chamber of Commerce, James Blackman, said
“We’re really pleased that our long term partners Lichfield District Council have signed the pledge.
“I know the council is particular good at prompt payments but signing the pledge clearly shows the support for local businesses. The more businesses we have signed up the better, let’s keep the cash and business moving”
To find out more and to sign up the Pay in 30 Days pledge, visit www.payin30days.co.uk.