Dale Wardill's blog
Latest news reported shows how the Public Sector supply chain faces a constant uphill battle to get paid on time. Not that this will be much of a surprise to most of us…
It is reported that almost 9 in 10 Local Authorities are failing to monitor if their supply chain is getting paid within 30-days, breaching Whitehall regulations to ensure prompt payment. The findings that councils are ignoring their duty to protect the supply chain emerged on the six-month anniversary of Carillion’s liquidation.
From eXceeding’s recent bid engagements, it is interesting to note that Chinese investment is booming to all-time highs in London with the City of London Corporation approving Lai Sun Developments application for a 56-story skyscraper in Leadenhall (Cheese Grater2). The boom in investment is believed to be down to a combination of a weaker pound and a need to diversify from home markets (specifically Hong Kong).