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UK 'needs better infrastructure'

16 September 2013/Categories: Industry News


The Confederation of British Industry (CBI) and KPMG believe better infrastructure is needed in the UK, after results of their 2013 survey.


Out of the 256 business leaders asked, dissatisfaction with the state of domestic transport went up to 49 per cent this year, from 28 per cent in 2011. Domestic transport was stated to be an important factor in investment decisions by 62 per cent of businesses and 85 per cent of multinationals.


Less than half - 47 per cent - were satisfied with current links to growing and emerging markets. This figure was at 60 per cent in 2011.


KPMG partner Richard Threlfall said: "Of particular concern is growing dissatisfaction with links between our regions, and the 73 per cent of respondents who believe our local road network continues to deteriorate."


CBI and KPMG also stated that, since last year's survey, many have started to consider direct flights to these markets as important parts of their success. Of those in the study, 57 per cent stated China as a key component of success, with India (50 per cent), Brazil (46 per cent) and Russia (36 per cent) following behind.

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