Value of council contracts falls after Brexit

By Mark Conrad | 30 January 2017

The value of contract awards in local government fell following the Brexit vote – despite a surge in public tenders across other sectors, new figures have revealed.

Public procurement data published today indicated the spending squeeze on council budgets continued to affect major projects in the last six months of 2016. 

The value of local government contracts actually signed-off during the period fell by 17% compared with the same period in 2015 – down from just under £20bn to almost £16bn.

This decline occured despite an overall increase of 5% across the public sector as a whole.

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Budgets and efficiency Procurement Brexit
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