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CBI: "When companies invest in technology, higher productivity & better living standards follow"

We've responded to the House of Commons BEIS Select Committee report on automation and the future of work.

Felicity Burch, CBI Digital & Innovation Director, said:

“The evidence is clear - when companies invest in technology, higher productivity and better living standards follow.

“Supporting companies to invest in robotics has rightly been recognised in the select committee’s report. All eyes will now be turning to the Government’s R&D roadmap this Autumn – a once-in-a-generation opportunity to change the game for UK innovation.

“The Government’s R&D roadmap should set out long-term plans in three areas: backing business-led initiatives to drive up innovation investment; increasing financial support focussing on the development stage of R&D; and demonstrating to the world that the UK is a great place to innovate and invest in technology.”

 

Original article link: https://www.cbi.org.uk/media-centre/articles/when-companies-invest-in-technology-higher-productivity-better-living-standards-follow/

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