Investing an additional £1.2bn to increase the use of robotics and automation has the potential to add as much as £60.5bn to the British economy over the next decade, forecasts new research from Barclays.
Representing a return on investment of £49 in economic output for the every £1 invested in manufacturing automation, the UK manufacturing sector has the opportunity to grow to £191bn in 2025 – a £38bn (19.6%) increase on today’s value, safeguarding more than 100,000 jobs. Barclay’s Future-proofing UK manufacturing report reveals that investing in automation technology…
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