Procurement accounts for £1 in every £3 of Government spending. Today, just 20% of this—£45.4 billion—goes to SMEs. If the Government directed 30% to SMEs, there would be a £22.7 billion increased cashflow to SMEs every year. Government spending with SMEs is in a rut. The Government knows it must do more, but its solution of individual departmental targets is unlikely to step up SME cashflows. Given the potential prize of such a shift, Government action needs to step up. (Conclusion, Paragrap...

Procurement accounts for £1 in every £3 of Government spending. Today, just 20% of this—£45.4 billion—goes to SMEs. If the Government directed 30% to SMEs, there would be a £22.7 billion increased cashflow to SMEs every year. Government spending with SMEs is in a rut. The Government knows it must do more, but its solution of individual departmental targets is unlikely to step up SME cashflows. Given the potential prize of such a shift, Government action needs to step up. (Conclusion, Paragraph 28) Type: conclusion | Number: 3 | Response status: response_pending