Manufacturers not inspired to spend

Posted on 31 Mar 2011 by The Manufacturer

Manufacturers are largely supportive of the measures announced in last week’s Budget but it won’t inspire them to invest, according to a survey by Barclays Corporate.

The bank surveyed over 400 senior executive from UK companies with a turnover of more than £5m. Almost half of the respondents were manufacturers. While 95 per cent of manufacturers stated that the budget will have a positive impact on private sector growth, even more – 97 per cent – said the measures will make…

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