DETAILS of the Government's Budget Plan For Growth suggest it wants more small firms to be able to win council contracts.
The 130-page strategy, launched alongside Wednesday's Budget contains details of a number of policies intended to boost business.
Among them is a target that 25 per cent of public sector contracts should in future be given to small to medium-sized firms – companies with a turnover of under �25m a year.
The Plan For Growth says one of the ways this will be achieved is removing the need to fill in a complex questionnaire before tendering for work valued at up to �100,000.
In another bid to help the construction industry, the plan says a two-year rolling programme of public sector projects with agreed funding will be published in future.
The government's Homes and Communities Agency will also launch a big sell-off of land owned by the public sector – some of it on a "Build Now, Pay Later" model.
Elsewhere, the plan scraps moves to extend a Right to Request Flexible Working to parents with children under 17, and a move to allow a Right to Request Time Off for Training to firms with fewer than 250 workers.
On the finance front, there are plans to set up a Business Angel Co-Investment Fund which would encourage wealthy investors to put money into businesses with the potential for high growth.
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