The Payments Council yesterday (12 July 2011) announced the cancellation of the 2018 deadline for the abolition of cheques. This reprieve came after increased pressure from sectors representing the clubs, charities and other organisations which rely on cheques saw the instigation of a Commons Treasury Select Committee inquiry which questioned the proposal to abolish cheques by 2018 in June.
The Payments Council announced that cheques would continue for as long as customers need them and the target for the possible closure of cheque clearing in 2018 has been cancelled.
Richard North, the Chairman of the Payments Council said:
"It's in the DNA of the Payments Council to consult and listen to all those people who actually make payments and use cheques. Listening to over 600 stakeholder groups, working with the banks and following our appearance before the Treasury Select Committee, we have concluded we should reassure customers that the cheque is staying.
“Over the last two years we have learnt a great deal about what is important to our many stakeholders and we are really grateful to all of those groups and individuals who took the time to talk to us and help us reach this decision. We will use what we’ve learnt to keep improving existing systems, as well as introducing innovation, so that customers benefit from 21st century ways to pay. Innovation must be at the heart of what we do.”
The Sport and Recreation Alliance and the physical activity sector have published an open letter to the Government on the impact of Pathways to Work on disabled people and activity levels across the UK.
Read moreHere, we seek to update you on some of the key workstreams we’re focused on, as well as provide an overview of the ways in which you, our members, can foster more inclusive, equitable, and diverse environments for your organisations, including advertising some of the training options we provide (at discount!) and job postings too.
Read moreHere is an end-of-week wrap on some key workstreams we’re undertaking for you, our members, that we want to bring to your attention. It covers a number of important pieces of information for consideration or action.
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