quarterly survey

Britain is already in a recession, which is worsening and requires urgent action, business leaders warn in a quarterly survey.

Economic woes are expected to continue until at least mid-2009, and things may get worse before they get better, according to a quarterly survey of chief financial officers.

CIOs are expected to increase their technology spending by 2.7 percent in 2008, but the more notable change is the number of executives citing ERP software as their main priority.

That’s the takeaway from a quarterly survey put out by UBS.