Report: SMEs to create record 737,000 new jobs in 12 months

Posted on 18 May 2015 by Callum Bentley

GE Capital’s 2015 international Capex Barometer reveals that UK SMEs are planning to create a record 736,973 jobs and spend £37.9 billion in the next 12 months.

The investment will predominantly focus on equipment upgrades to boost productivity. According to the report of over 3,400 senior executives, after two years of increased capex investment, spending intentions have softened, resulting in a 36% decrease in investment year on year, as SMEs respond to growth opportunities with faster workforce expansion and efficiency programmes. Echoing…

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