(2 weeks, 3 days ago)
Commons ChamberThat £400 billion is an enormous amount of money, and we need to ensure that it is going into growth, delivering for our communities and SMEs, and delivering on our missions. We are determined to act on procurement and reduce inefficiency, and we will provide further information about that in February. We cannot take lessons from the Conservative party about cutting waste inefficiencies, given that they oversaw gross mismanagement—Lord Agnew himself referred to “schoolboy errors”—in the delivery of procurement for this country.
The focus on public procurement will be welcomed by SMEs in the cyber-security sector in my constituency. CyNam has thousands of members, and when I talk to its SMEs they tell me that there is a real risk of our losing talent in the start-ups community to cities abroad such as Lisbon and Toronto. Can the Minister confirm that the steps being taken by the Government are good news for SMEs and Cynam?
As I have said, I firmly believe that we need to support SMEs, and I should be more than happy to speak to those in the hon. Member’s constituency and discuss the opportunities that are available. There is so much innovation and talent in this country. We need to ensure that public sector money is supporting our growth mission, and supporting good businesses in communities such as those in his constituency.