The latest survey asked Make UK members what Government measures should be prioritised to support UK manufacturing. Interestingly the top three options:
· Reducing the cost of business rates
· Increasing investment allowances on capital expenditure
· Increasing the R&D tax credit limit.
It is clear the manufacturing sector is aware of its needs to progress, and promisingly, many businesses prefer solutions that allow them to increase innovation and investment. Something the UK is desperately lacking.
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