IT spending still on hold in UK

Summary:Despite some positive signs of growth in the economy, British businesses and public-sector organisations are still keeping a tight hold on their cash, according to a forecast by industry analysts.The forecast expects a fall in overall spending on IT services and software of 1.

Despite some positive signs of growth in the economy, British businesses and public-sector organisations are still keeping a tight hold on their cash, according to a forecast by industry analysts.

The forecast expects a fall in overall spending on IT services and software of 1.5 per cent this year, compared with last year, and identifies where organisations are making the deepest cuts.

But there are glimmers of hope from the public sector. Find out more on which sectors are suffering from the chill in IT spending at silicon.com.

Topics: Tech Industry

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