The Green Book is HM Treasury’s guide for appraising public spending, setting the standard for how councils secure funding. A 2025 review found no systemic bias but noted complexity and inconsistent use created barriers for less-resourced areas. Key reforms include simpler guidance, better support, and a shift to place-based investment—moving from standalone projects to integrated plans that unlock growth, skills, health, and inclusion across regions.

Even a 1% productivity boost across UK SMEs could unlock £94 billion over five years. Digital tools—like AI, automation, and advanced connectivity—are key to driving growth, efficiency, and resilience. Local authorities and enterprise agencies can lead this transformation by delivering tailored support that helps SMEs adopt and scale the right technologies. Now is the time to act and unlock the digital dividend for local economies.