New research by CBI has revealed that businesses are divided over the future of the UK economy, with just 51 per cent of respondence saying that they expected conditions to improve.

The research revealed that 63 per cent of companies did not think that the government was strategic in how it used policy and investment to develop the countries competitive advantages.

The report from CBI concluded that: “Action should be focused on improving understanding of supply chains to help target weaknesses and reinforce strengths, promoting existing initiatives to support supply chain development, and encouraging and incentivising supply chain collaboration.”

UK can add £4bn per year to its economy