£77m cash boost for Small Business Service

Unveiling a £43bn increase in spending on public services, Brown emphasised the importance of providing a framework for business to flourish in.

The SBS – which currently receives a £200m a year budget – will see its funding raised to £277m by 2004.

He said new functions would also be added to the agency.

‘A new internet service and consultancy service for start-ups will be launched to support enterprise for all,’ he said.

A three-year programme was also announced to give additional funds to ensure the government met its target of having all services online by 2005.

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