Britain backs small business with £7.4 bn funding
The UK Government is redirecting billions in public spending to smaller businesses, with £7.4 billion a year earmarked for SME procurement by 2028. Cabinet Office Minister Chris Ward and Small Business Minister Blair McDougall have published individual departmental targets for the first time, while the Ministry of Defence commits a further £7.5 billion. Backed by the Federation of Small Businesses, UMi’s Nicki Clark and Constellia’s Rob Levene, the shift in government contracting is already under way
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