Industry answers Bank of England’s call for productivity

Posted on 27 Nov 2014 by Jonny Williamson

The latest Manufacturing Advisory Service (MAS) Barometer has revealed that improving productivity is helping English small and medium businesses continue to grow and adapt to a general softening in the marketplace.

According to the Barometer, 69% of the 859 participating firms said they expect to increase investment in new technology, machinery or premises in a bid to improve their productivity. Additionally, 57% of companies reported that they had already raised their productivity within the past six months, with 80% admitting further efficiency gains are necessary in…

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