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flag UK government targets £7.4B in contracts for small businesses by 2028.

flag The UK government has set new annual spending targets for small and medium-sized enterprises, aiming to direct over £7.4 billion in government contracts to small businesses by 2028. flag Individual departments have been assigned specific targets, with some aiming for over 40% of spending to go to small businesses. flag This initiative is intended to boost local economies, create jobs, and reduce reliance on large international firms.

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