UK government contractor welcomes May proposals

government contractor

One of Britain’s leading government contractors has welcomed Prime Minister Theresa May’s statements on what she called a “modern industrial strategy”. 

In an interview with Plymouth Herald, May said: “Our modern industrial strategy is a critical part of our plan for post-Brexit Britain.

“As we leave the EU it will help us grasp the bigger prize: the chance to build that stronger, fairer Britain that stands tall in the world and is set up to succeed in the long-term.”

Tudor Aw, head of tech sector at KPMG UK, said it was “crucial” that the technology sector was central to Britain’s economic plans going forward.

“In a post-Brexit era, it is crucial that the UK tech sector is front and centre of the Government’s new industrial policy,” said Aw. “I am therefore delighted to see that key areas such as robotics, artificial intelligence, Smart Energy and 5G have been identified as areas that will underpin the Government’s approach.”

Aw added: “The hope is that this is just the start and we will see other future disruptive technologies such as Nano technology, autonomous vehicles and IoT, or ‘connected everything’, get similar focus and funding.

“As has been long recognised, to be successful in tech, we desperately need to upskill our workforce in STEM (Science, Technology, Engineering and Maths) subjects and to see investment in these skills as well as in science, R&D and innovation is hugely promising.”

KPMG wins the most number of government contracts, according to research by the Institute of Chartered Accountants in England and Wales, which claims to have more than 145,000 members.

Although not all of them are entirely to do with information technology, most if not all work involves some IT-oriented aspect.

KPMG is regarded is one of the “big four” leading companies which win government contracts. The other three are:

  • PricewaterhouseCoopers
  • Ernst & Young; and
  • Deloitte.

On its website, Economia, the ICAEW said the total value of contracts won by each firm in the 12 months to November, 2016 were as follows:

  • KPMG – £401 million
  • PricewaterhouseCoopers – £182 million
  • Ernst & Young – £40 million
  • Deloitte – £48 million