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Home > News > Prompt Payment Code - Sign up now!

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Prompt Payment Code - Sign up now!

Published: Fri, 16 Oct 2009 15:11:10

The Government is encouraging all Public Sector organisations to adopt and adhere to the Code, which is helping their business suppliers by ensuring they are paid on time.

Adherence to it should also be cascaded to supply chains. GOL has signed up and we have been pressing for all Local Authorities in London to follow suit. In just one month, 12 boroughs have adopted the Code, with another 12 about to. This should prove a real boost for London business.

The Prompt Payment Code is supported by: British Chambers of Commerce, Institute of Directors, Federation of Small Businesses, Confederation of British Industry, Federation of Private Businesses.

For further information please contact GOL’s BIS team on 020 7217 3328 or find out more at: www.promptpaymentcode.org.uk


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