English Small and Medium Enterprises (SMEs) are predicting greater investment according to the latest Manufacturing Advisory Service (MAS) Barometer. Half (50%) of the 682 companies questioned expect to spend more on new machinery and premises over the next six months.

“This sense of optimism is also present when it comes to employing new staff. 43% of SMEs (up 3% on the last report) are planning to hire new people with a further 50% expecting to keep workforce levels the same.” said David Caddle, spokesman for the Manufacturing Advisory Service.