Decision Maker: Cabinet
Is Key decision?: No
Is subject to call in?: Yes
To update Cabinet on the delivery of actions proposed to mitigate the impact of the recession on South Cambridgeshire District.
Cabinet
(a) NOTED the report and the progress made on the economic downturn measures;
(b) AGREED that the Council sign up to the prompt payment code; and
(c) ENDORSED the actions and progress to date, as detailed in Appendix 1 of the report, and following measures and actions:
(i) The development and launch of the South Cambridgeshire Business Competition;
(ii) The Finance and Staffing Portfolio Holder’s decision to amend performance indicator SF752 to require 70% of undisputed invoices to be paid within ten working days in 2010/11;
(iii) Senior Management Team consideration of the full implementation of paperless procure-to-pay systems;
(iv) Continuing promotion and operation of the Hardship Rate Relief Scheme to support local businesses;
(v) Continuing promotion and operation of the Business Support Fund, in partnership with Business Link, to assist companies most at risk from the slowing economy; and
(vi) Use of any remaining funds to support businesses in the implementation of the above measures.
Report author: Cllr Mervyn Loynes
Publication date: 09/04/2010
Date of decision: 08/04/2010
Decided at meeting: 08/04/2010 - Cabinet
Effective from: 17/04/2010
Accompanying Documents: