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James Wild MP challenges government to make procurement savings

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Thursday, 12 December, 2024
  • Speeches in Parliament

In a recent Parliamentary session, James raised a question regarding public procurement challenging the government on what savings it intends to make from public sector procurement spending. 

With public procurement representing around £400 billion annually, James questioned how this vast sum is allocated and what plans the government has to make savings. 

Speaking in Parliament James said: 

"Gross spending on public procurement was £400 billion last year. What is the Government’s precise target for delivering greater savings from that budget?" 

Georgia Gould MP said in response: 

"That £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."

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