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Innovation investment is up

01-Jun-2011

In the latest Food and Drink Federation business confidence survey, the number of respondents who increased their investment spend in Q1 of 2011 rose substantially compared with Q4 of 2010, with over 40% of companies launching new products.

The net increase of combined investment in upskilling, capital expenditure and R&D was almost three times higher in Q1 2011 than in Q4 2010.

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