Cirata report says UK procurement reform could add GBP 1.4 billion in direct GVA over five years

Bitget2026/09/29 09:49

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Cirata published a procurement reform analysis arguing UK public-sector tech buying could unlock growth for challenger suppliers.
Illustrative five-year model shifts 6% of total procurement, or GBP 25 billion, from incumbents to smaller firms.
Extrapolation estimates more than GBP 1.4 billion in additional direct GVA, with roughly 35,000 job-equivalent years supported.
Year-five run-rate scenario makes GBP 5 billion of annual demand accessible, supporting about 29,000 job equivalents, GBP 2.6 billion direct GVA.
SMEs received 21% of direct procurement spend in latest data; local government 34%, central government 10%, NHS bodies 16%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cirata plc published the original content used to generate this news brief on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cirata report says UK procurement reform could add GBP 1.4 billion in direct GVA over five years

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