Could a scrappage scheme for old kit boost investment in automation?

Posted on 4 Jun 2020 by Jonny Williamson

The UK government has been called on to launch a new scrappage scheme for outdated IT, plant and machinery equipment to incentivise cash-strapped businesses to invest in automation and digitisation to boost output and exports.

Make UK has put forward the case that increasing investment in automation and digital technologies would help manufacturing businesses recover more quickly from the disruption caused by the Covid-19 pandemic. In its call, Make UK also suggested that such a scheme should run hand-in-hand with a programme to encourage UK consumers to buy a new, more environmentally friendly…

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