Promote UK Growth by requiring UK Govt Dept's to prefer UK Suppliers

• Petition
• Statistics

Petition Action

Promote UK Growth by requiring UK Govt Dept's to prefer UK Suppliers

Additional Information

The UK Govt (both National and Local) is expected to set a budget of approx £676bn in 2013.

It makes sense for UK Govt expenditures funded by UK Tax payers to be spent in the overall National Interest.

Each 1% of Govt expenditure switched into the UK economy is worth an initial £6.7bn and even more once the impact of secondary purchases through the value chain are captured - jobs, profits and taxes will all benefit.

Were UK Suppliers preferred in 5% of Govt contracts by value otherwise awarded to overseas contractors, this would result in an initial direct value to the British economy of £34bn - this is equivalent to 2.1% of projected GDP.

Pls support this petition.

---

You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!

Have your say on this petition!

comments powered by Disqus