Companies poised to reverse years of underinvestment in boost for Sunak
1 min read
Companies poised to reverse years of underinvestment in boost for Sunak Economists improve forecasts for UK and US recoveries, but slow vaccine rollout is set to drag EU back Businesses are preparing to ramp up capital spending after years of underinvestment, boosting hopes of a rapid economic bounce-back from the pandemic. The UK’s leading group…
Companies poised to reverse years of underinvestment in boost for Sunak
Economists improve forecasts for UK and US recoveries, but slow vaccine rollout is set to drag EU back
Businesses are preparing to ramp up capital spending after years of underinvestment, boosting hopes of a rapid economic bounce-back from the pandemic.
The UK’s leading group of manufacturers found that over half of companies will either invest more cash as a result of the Government’s ‘super-deduction’ tax break, or bring forward their investment plans.
A separate survey by accountancy firm BDO found that three quarters of medium-sized companies believe 2021 is now the year to invest
Be in the know!
Subscribe to our monthly newsletter!
