(3 years, 6 months ago)
Commons ChamberSmall and medium-sized businesses are the backbone of our UK economy. That is why it is vital that we are ensuring that the power of Government spending supports that vital sector, as part of both the economic recovery from covid-19 and our levelling-up agenda. We are increasing opportunities for SMEs in a variety of ways, and our measures are working. Those measures include breaking up contracts into smaller chunks, transparently publishing contract pipelines and removing complexity from the bidding process. Additionally, our new social value model explicitly allows greater weight to be given to those bids that help drive post-covid recovery.