Sunday, 1 September 2013

Economy News Headlines - Yahoo! News: UK manufacturers' investment plans strongest in six years: poll

Economy News Headlines - Yahoo! News
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UK manufacturers' investment plans strongest in six years: poll
Sep 1st 2013, 23:11

Shoppers browse handbags for sale at Covent Garden market in central LondonLONDON (Reuters) - British manufacturers are planning the fastest increase in capital investment in the year ahead since before the financial crisis, a survey showed, suggesting the economy could be heading for a more balanced recovery. Manufacturers' association EEF and accountants BDO LLP said on Monday a balance of 24 percent of companies intended to buy machinery and equipment, up from 7 percent in the May poll. That was the highest reading since 2007 and the second-highest since the quarterly survey began in the mid-1990s. ...


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