Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many purchases with a value of less than £500 were made against his Department’s budget using a Government procurement card (a) in calendar year 2022 and (b) from 1 January to 30 September 2023; and what was the total cost of those purchases.
Purchases over £500 are subject to Government transparency reporting.
Procurement cards assist with the reduction in procurement bureaucracy, boost efficiency, support the Government’s prompt payment initiative for Small and Medium businesses, and help maintain cash flow to suppliers.