UK manufacturers are intending to boost investment as factories operate at near full capacity thanks to strong export demand, a new study has revealed.
Investment intentions remained modest, but had picked up slightly among manufacturers, reflecting the strong export demand, the Bank of England, 2018 Q1 report has shown. According to the report, manufacturers also invested in automation to relieve recruitment difficulties and improve productivity. Manufacturers involved in export supply chains continued to see the strongest growth, especially for…
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