Part of the Public Sector News Network

The value of buying small and locally

Of the £4.1bn spent by authorities nationally with local small firms, £2.6bn of additional benefit is generated for local economies or 63p for every £1 spent. Whereas, £4.6bn spent by authorities nationally with local large firms generates £1.86bn of additional benefit or 40p for every £1 spent. This means that small local firms generate 58% more benefit for local economies than large local firms. ...

Subscribe to New Start
Full access to all New Start content is just £49 + VAT per year
Subscribe Now