URL: https://preston.moderngov.co.uk/ieDecisionDetails.aspx?ID=1323

Decision Maker: Cabinet Member for Community Wealth Building

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Purpose: This report asks the Cabinet Member for Community Wealth Building to allocate funding to support SMEs headquartered in the Preston district to pay the Living Wage Foundation accreditation fee. The council is committed to increasing accreditations within the district through its status as a Living Wage City. This status requires the council to increase Living Wage Foundation accreditations to 66 by the end of 2027. Being a Living Wage City is an integral part of Preston’s commitment to Community Wealth Building. Preston was the first council in the Northwest of England to accredit in 2012, and encouraging accreditation with the Living Wage Foundation is a core part of the council’s social value policy.

Content: Resolved – That the Cabinet Member for Community Wealth Building allocated £3,000 from the Community Wealth Building development funding, approved by Budget Council 2024/25, to support local SMEs with the fees for Living Wage Foundation accreditation.

Date of Decision: July 30, 2025