UK Business Investment Recovers in Q1
2026-05-14 06:21
By
Joshua Ferrer
1 min. read
Business investment in the United Kingdom rose by 0.7% quarter-on-quarter in the three months to March 2026, rebounding from an upwardly revised 2.9% drop in the previous period, preliminary estimates showed.
Still, the latest reading came in well below market expectations of a 1.1% increase and marked the weakest growth since the second quarter of 2023, highlighting a still-fragile recovery in corporate spending.
The increase was largely driven by a significant rise in spending on transport equipment, while investment declined mainly in intellectual property products.
On an annual basis, business investment fell by 1.8% in the first quarter, marking the first annual contraction in two years and reversing from a downwardly revised 1.8% gain in the fourth quarter.
Meanwhile, overall gross fixed capital formation increased by 4.3% quarter-on-quarter and 0.5% annually.