Manufacturing news outlet Zenoot has reported that only 40% of British companies have a UK procurement target in place – despite around half of the country's businesses (47%) and even more of the public (58%) saying they prefer to buy products that have been manufactured in the UK over alternatives shipped in from other countries, according Made in Britain's 4th annual Buying British Survey.
“Our new research shows that far too few businesses have implemented UK procurement targets. There’s great demand for British goods among businesses and consumers alike. But more companies need to step up – buying British is key to helping drive the UK economy out of the slump it’s in and avoid slipping into recession this year and next,” said Made in Britain CEO John Pearce.
The survey, which polled 1,000 British businesses and 2,000 consumers, also finds that two thirds of British businesses (66%) recognise the Made in Britain mark, with most of them (61%) saying that seeing the mark on a product makes them more inclined to purchase it. Half of British consumers (50%) also recognise the mark, with the majority of those that know it also saying that seeing it makes them keener to buy.
Read the full article by Zenoot.
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By Made in Britain 11 months ago | By Made in Britain