UK investment in tech and transport among world’s worst, says TUC

Study will put pressure on Philip Hammond to boost spending across public and private sectors in autumn statement

Britain ranks among the worst performers in the developed world for spending on new technology, industrial machinery and transport equipment, according to a study by the TUC of investment spending in the public and private sectors.

The UK came 34th out of the 34 members of the Organisation for Economic Cooperation & Development (OECD) for spending on transport equipment.

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