16
Government can help transform access to finance by transforming public procurement support for UK businesses.
Conclusion
Government can help transform access to finance by transforming public procurement support for UK businesses. The Procurement Act 2023 and associated reforms are a step in the right direction. However, we are not convinced that individual departmental targets will be effective. Strong performance monitoring arrangements will be needed to ensure that department targets are having their intended effect. (Conclusion, Paragraph 66)
Source
Committee
Business and Trade Committee
Inquiry
Financing the real economy
Report
1st Report - Investing in the UK economy
07 Jun 2026
HC 123
Addressee Bodies
Department for Business and Trade
Timeline
Recommendation age
0.1 yrs
Report published
07 Jun 2026