Small businesses benefitting from government business
Figures released by the Cabinet Office have revealed that small businesses won a record amount of government work in 2021/22.
UK small businesses won £21 billion worth of work in 2021/22 an increase of £1.7 billion compared to the previous year.
This work is spread across a variety of sectors including public infrastructure, technology and healthcare.
Minister for the cabinet office Jeremy Quin said: "Today’s record-breaking figures demonstrate our commitment to ensure more small businesses benefit from public sector spending, by reducing barriers to entry and encouraging a more diverse market.
"One in three pounds of public money is spent on public procurement, which is why through the Procurement Bill we are improving the way it is regulated to save the taxpayer money and drive benefits across every region of the country."
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