Cirata report says UK procurement reform could add GBP 1.4 billion in direct GVA over five years
Bitget2026/09/29 09:49- 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: 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.
You may also like
McDonald's (MCD.US) sued over AI pricing tool, accused of facilitating algorithmic collusion among U.S. franchisees
McDonald's (MCD.US) is facing a federal lawsuit. The complaint alleges that its AI-enhanced pricing tool violates antitrust laws by sharing non-public data with franchisees who may compete in the same market.
Samsung Electronics delivers its strongest quarterly report ever; can HBM4e restart AI memory trading?
Samsung Electronics is about to face a critical test. The company will release its preliminary results on Thursday, and it is expected to record its largest-ever quarterly operating profit. However, the real test is not the scale of profits, but whether it can convince investors that the demand for memory chips is sustainable and that high product prices can be secured through long-term contracts.

BUZZ - Australian uranium mining stocks surge after Google reaches power deal with Constellation Energy
October 7 - Shares of Australian uranium mining companies surged after Google (GOOGL.O) signed a power agreement with Constellation Energy (CEG.O), the largest nuclear power plant operator in the United States (link). Google (GOOGL) and Constellation Energy (CEG) have entered into a multi-year deal under which Google will purchase 3,590 megawatts of electricity from Constellation; according to both parties, the additional nuclear-generated electricity accounts for roughly a quarter of total supplied power. Uranium is primarily used as fuel for nuclear power plants to generate low-carbon electricity. Boss Energy (BOE.AX) shares rose 9%, reaching their highest level since September 29, while Paladin Energy (PDN.AX) shares climbed over 6%. Deep Yellow (DYL.AX) shares rose nearly 10%, marking their largest intraday gain since September 3. Within the broadly flat ASX200 benchmark index (.AXJO), DYL and PDN ranked among the top gainers. (For the convenience of non-English speakers, Reuters has automatically translated its reports into several other languages. Since automated translations may contain errors or lack the necessary context, Reuters does not guarantee their accuracy and provides them solely for reader convenience. Reuters accepts no responsibility for any damage or loss arising from the use of the automated translation function.)
12.41 million dollars in fee revenue, Pump.fun transferred to an exchange 9 hours ago