Public Procurement: Small Businesses

Part of Oral Answers to Questions — Cabinet Office – in the House of Commons at 11:30 am on 25 March 2015.

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Photo of Rob Wilson Rob Wilson The Parliamentary Secretary, Cabinet Office 11:30, 25 March 2015

In 2010, the Government set an aspiration that by 2015 25% of Government procurement spend by value should go to SMEs directly and into the supply chain. In fact, we have exceeded our target, and a record 26.1% is now being spent with SMEs. That is a record to be proud of, and a tribute to my right hon. Friend the Minister for the Cabinet Office and Paymaster General.