European IT spending to grow 1.6% in 2006

IT spending across Europe will grow by just 1.6% in 2006, compared to 2.

IT spending across Europe will grow by just 1.6% in 2006, compared to 2.9% in 2005, Forrester Research says. British firms expect to increase IT spending by 2.3%, but only 20% of this will go on new developments.

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