Councils urged to boost local firms

SMALL business bosses have urged that a forthcoming Holyrood bill must enable councils to use their £4bn spending power to boost local economies.

The Federation of Small Businesses (FSB) has studied 148 councils across the UK.

And the survey reveals that Scottish councils spend, on average, 31 per cent of their procurement budget with businesses from within each of their local boundaries.

This compares with 39 per cent of Welsh councils’ spend, 54 per cent of Northern Irish council’s spend, but only 20 per cent of London borough councils’ spend.

The FSB is calling for all councils to publish regular analyses of how they use their buying power. They want them to assess how their purchasing is working for their local and the Scottish economy and, using this information, identify areas for improvement.

Full story in this week’s Advertiser.