Could new productivity tools help manufacturers overcome the Brexit stutters?

Jason Ford, news editor Britain’s manufacturers still trail their European counterparts in terms of investing in machinery and robots, with cost, ROI and skills identified as barriers to improving the situation. This is one of the conclusions of a report published today by EEF/Santander, which surveyed 328 companies on their investment plans. The latest survey found 6.5 per cent of turnover being invested into new plant and machinery compared to 7.5 per cent in 2015. Just over half – 51.1 per cent – said they plan to spend more on equipment, focussing on replacing old machinery in order to […]