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Off-shoring on the increase

Series: CBI News Release ; 8 November 2004 (4)Publication details: 2004Subject(s): Summary: The CBI has warned that companies are under growing pressure to relocate parts of their business overseas. The argument is that the benefits of off-shoring outweigh the drawbacks and that it increases productivity, profitability and economic growth. CBI and Alba have jointly published a MORI survey and results show that 51% of respondents said pressure to off-shore has increased over the past two years. 31% of those had already taken some activities overseas and almost one in four are considering doing so in the future. The survey is available from the website. http://www.cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca 12a8025671c00381cc7/e24077913ad853b480256f42004a30 89?OpenDocument
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News article London News article WB4043-02 (Browse shelf(Opens below)) 1 Available 127931-1001

The CBI has warned that companies are under growing pressure to relocate parts of their business overseas. The argument is that the benefits of off-shoring outweigh the drawbacks and that it increases productivity, profitability and economic growth. CBI and Alba have jointly published a MORI survey and results show that 51% of respondents said pressure to off-shore has increased over the past two years. 31% of those had already taken some activities overseas and almost one in four are considering doing so in the future. The survey is available from the website. http://www.cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca 12a8025671c00381cc7/e24077913ad853b480256f42004a30 89?OpenDocument