Performance in 2018
Our report last year found that OMBs were continuing to place strategic importance in the upskilling of staff, and investment in systems and technology – perhaps explaining the encouraging results during a period of unusual business uncertainty.
Some OMBs that exceeded their expectations have benefited from the weak pound – making them more attractive to foreign customers. However, importers of raw materials have seen their costs rising. At the same time, ongoing shortages of skilled staff in some sectors have contributed to wage inflation, adding to the pressure on margins.
To download our full report and gain further insights into OMB performance in 2018, please
click here.