SMEs: Public Sector Procurement

Part of Cabinet Office – in the House of Commons at on 29 February 2024.

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Photo of Alex Burghart Alex Burghart The Parliamentary Secretary, Cabinet Office

I would be delighted to, because the Government are entirely committed to ensuring that SMEs get a bigger share of that pie. The latest published SME spend figures show that UK small businesses received £21 billion of work, which was an increase of £1.7 billion on the previous year’s figures. That is the highest since records began, and the fifth consecutive year that Government work won by small businesses has increased. Crucially, that is before the effects of the Procurement Act kick in.