Pay weekly changed to pay monthly

[TheFaQQer]

Good idea, however it is worth noting that the PCG agency default insurance is not retrospective so wouldn't cover the OP in this instance and it has a max claim limit of £7.5k

£10k now, up to £100k per client, up to £500k a year total across all members.

[Andy Hallett]

Your payment terms will be defined in the contract. I'd rely on that on not agree if it were my money.

[Taita]

The agency is asking me if I would be ok to switch from weekly to monthly with the below reason:

The reason we asking is because there is a big lag between us invoicing the client and being paid. The time between the two is currently 8 weeks. As you can imagine, this is strain on cash flow especially as we run our small bank of contractors directly (without using a factoring company).

Also I want to mention that it's been just 6 weeks into this contract.

Do you thank they have a valid reason here? Thanks in advance.

No valid reason. They knew the terms of their client when they struck the contract with you. How can they now appeal to your better nature to bolster their weak business practice/setup?