The global site of the UK's leading magazine for automation, motion engineering and power transmission
21 September, 2018

Product and Supplier Search

Facebook

Gambica members sense confidence returning

01 October, 2003

Gambica members sense confidence returning

British controls and instrumentation companies are starting to report an increase in business confidence, according to a trends survey conducted by their trade body, Gambica. "We are just beginning to see a few positive indicators, and we have to decide whether these are real, or just another false start," Gambica`s out-going president, Norman Smith, told the organisation`s annual luncheon in London, in October.

But Smith also reported that Oxford Economic Forecasting had recently told Gambica that industrial investment in the UK had slumped by 20% over the past two years, from an already low level. OEF is now forecasting that investment in manufacturing will improve by about 3% next year - "a very, very fragile state of affairs," according to Smith.

Smith has been succeeded as Gambica president by Harry Tee, chief executive of the Roxboro Group, which he founded in 1990.




Magazine
  • To view a digital copy of the latest issue of Drives & Controls, click here.

    To visit the digital library of past issues, click here

    To subscribe to the magazine, click here

    To see the latest Products & Services Directory, click here

     

Exhibition

Birmingham 2020The next Drives & Controls Exhibition and Conference will take place in Birmingham, UK, from 21-23 April, 2020. For more information on the event, visit the Show Web site

Poll

"Do you think that robots create or destroy jobs?"

Newsletter
Newsletter

Events

Most Read Articles