Business investment in the UK shrank 1 percent quarter-on-quarter in the last three months of 2019, following an upwardly revised 0.2 percent gain in the previous period and worse than market forecasts of a 0.6 percent fall. It is the biggest decline in business investment since the last three months of 2016, as heightened uncertainty is likely to have weighed on the willingness of firms to invest in capital, preliminary figures showed. At the same time, gross fixed capital formation (GFCF) fell by 1.6 percent, driven by declines in investment in information and communication technology (ICT) equipment, dwellings, transport, and intellectual property products, though these were partially offset by an increase in investment in other buildings and structures.
Private Investment in the United Kingdom averaged 0.95 percent from 1967 until 2019, reaching an all time high of 51.50 percent in the first quarter of 1997 and a record low of -11.40 percent in the second quarter of 1985. This page provides - United Kingdom Business Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Office for National Statistics
Private Investment in the United Kingdom is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Investment in the United Kingdom to stand at 0.50 in 12 months time. In the long-term, the United Kingdom Business Investment is projected to trend around 0.70 percent in 2021, according to our econometric models.