Small and medium-sized businesses in the UK will spend £8 billion more on technology this year than they did during 2013, according to a new study.
The headline findings of GE Capital’s latest Capex barometer suggest UK SMBs are poised to spend heavily on technology this year as the feel-good factor returns to the economy.
According to the study, UK SMBs will plough £22.8bn into technology over the next 12 months, a hike of 54 per cent – or £8bn – on last year.
By Doug Woodburn
