British firms lag behind competitors on equipment

摘要

UK manufacturing invests a third less in new equipment and machinery than its international competitors, and the gap is widening, according to the Department of Trade and Industry's latest Capex Scoreboard of industrial capital expenditure. The third annual Scoreboard, published by the DTI Future and Innovation Unit, carries much the same message as previous years. The UK invests strongly in the aerospace, pharmaceutical, retail and offshore sectors, but general manufacturing investment, especially in the automotive, IT hardware, electronic and chemical sectors, is weak.