UK Government chooses Nexor as a business champion

November 2016

Nexor Chairman, Steve Kingan, has been selected to represent British small and medium-sized enterprises on a UK Government advisory panel.

A panel of business experts from across the UK is meeting for the first time today under plans to boost government spending with small and medium sized enterprises (SMEs).

The advisory panel, made up of 24 entrepreneurs and leading business figures boasting a wide range of experience, will work with the government to ensure that by 2020, £1 of every £3 invested by the UK Government in goods and services goes to SMEs.

The Cabinet Office has estimated that 27% of government’s procurement spending, or £12.1 billion, reached SMEs in 2014 to 15, surpassing its target of 25%.

A previous advisory panel supported this work and several of its members, including Steve Kingan, are continuing to work with government towards its aim to increase its spending with SMEs to 33% by 2020.

Steve commented:

“The panel has already made significant progress and I am really looking forward to continuing to work in partnership with government to finish the job. Specialist small and medium-sized enterprises can offer the best value for money option to the government customer and tax payer.”

Ben Gummer, Minister for the Cabinet Office and Paymaster General, said:

“The business experts will play a vital role to help us increase spending with SMEs, which are the lifeblood of the UK economy.”

John Manzoni, Chief Executive of the Civil Service and Permanent Secretary for the Cabinet Office, said:

“Government is open for business and wants to work with more smaller businesses across the UK. These 24 business experts from across the UK will help government improve the procurement process so it is simpler, clearer and faster for SMEs.”

Further information about the advisory panel and its work in championing the value of SMEs can be found on the UK Government website.