Capex Report 2023: The Game Changer

Our third annual Capex Report charts the 2023 sentiment of UK businesses and their capital expenditure intentions. As well as revealing game-changing industry views on the business landscape, the report provides valuable insight into the issues and trends occupying business leaders today.

Tech change


Businesses are overwhelmingly positive about the potential of technological change for their business. Over half believe it will have a positive impact

New markets


Of firms are using capex funding to expand into new markets like North America, South-East Asia and the Middle East (rising to 65% for high-growth businesses)



Of firms will increase spending on environmental sustainability

Find the answers to important questions in the HSBC UK Capex Report, including

  • How optimistic are UK business leaders about growth in 2023?
  • How are your competitors spending compared with last year?
  • Metaverse vs AI – where are businesses focusing their tech investment?
  • Where does cost reduction sit on the list of strategic priorities?
  • What barriers to growth are businesses facing?

Without the right people, in the right roles, in the right location, businesses aren't sustainable and can't thrive – which makes the case for investment unquestionable.

Sacha Balachandran | Head of HSBC UK Equipment Finance, HSBC UK

How UK businesses are investing for positive growth

Lanchester Wines: Turning a bottling facility into a green power station

Duclo: Creating a circular economy through post-consumer plastic waste recycling

Towens: Building new sales opportunities through soil reclamation

How UK businesses are investing for positive growth

Supporting your investment plans

We’re ready to support your capex plans for the future – talk to us today about your business priorities.

You may also be eligible for Asset Finance, which can help your business access the equipment, vehicles or technology it needs to grow. Our finance options allow you to avoid large, upfront payments, spread costs and manage your cashflow more effectively.

Need help?

Get in touch to learn more about our banking solutions