Business optimism and investment intentions have improved significantly in the three-months to January, with optimism growing at the fastest pace since April 2014, according to the latest CBI Industrial Trends Survey.
A record proportion of UK manufacturers are expecting to authorise capital expenditure in plants and machinery in an effort to increase capacity and output, following five consecutive quarters of falling intentions. The share of manufacturing businesses citing expanding capacity as a driver of planned capital expenditure was at a survey record high, 57%. Similarly, business…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
