Thursday, 29 May 2008

FSB Praises Thurrock for In-County Spend

Thurrock Borough Council has been praised by the FSB (Federation of Small
Businesses) for keeping its trade local with almost two thirds of its
annual budget being spent within the county.

Chairman of the South West Essex Branch of the FSB, David Miles, said:
"Councils have a big budget and spending that money within their own local
economy is an excellent way of helping boost that local economy and helping
keep local businesses viable.

"We have now received information from Thurrock Borough Council and we are very impressed by the proportion spent locally --- around £6.824 million is spent with businesses based within the Borough Council boundary and when you extend the range to include businesses based in any Essex postcode area that figure rises to 59.44 per cent of total spending - an estimated £29.3 million.

"The FSB congratulates Thurrock Borough Council for such a positive approach to encouraging local procurement and would encourage more local firms to find out whether the goods and services they offer are ones the council needs so we can see this figure rise even higher for next year."

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