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- UK business investment was estimated to have fallen by 1.1% to £46.9 billion in Q3
UK business investment was estimated to have fallen by 1.1% to £46.9 billion in Q3
Gross fixed capital formation (GFCF), in volume terms, was estimated to have increased by 0.5% to £85.8 billion in Quarter 3 (July to Sept) 2018 from £85.4 billion in Quarter 2 (Apr to June) 2018.
Business investment was estimated to have fallen by 1.1% to £46.9 billion between Quarter 2 2018 and Quarter 3 2018; this is the third consecutive quarter-on-quarter fall in business investment and the first time this has happened since the economic downturn of 2008 to 2009.
Between Quarter 3 2017 and Quarter 3 2018, GFCF was estimated to have fallen by 0.3% from £86.1 billion; business investment was estimated to have fallen by 1.8% from £47.8 billion.
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