UK business investment suffers worst decline since financial crisis - business live

📆 29/03/2019 9:00 pm
📰 The Guardian

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British bosses have cut back on buying new machinery and computers, as Brexit crisis hits confidence

Worryingly, UK business investment fell in the last quarter of 2018, for the fourth quarter in a row. Businesses spend 0.9% less on assets such as IT and machinery in October-December, today’s growth report shows. On an annual basis, business investment shrank by 2.5%. This is the fourth consecutive quarter-on-quarter fall in business investment and the first time this has happened since the economic downturn of 2008 to 2009.

Write Comment

It is all about diesel...

You could see that coming for Miles , as Usual Politicians in their own litle Bubble destroying Britain , next , massive Unemployment , Social Disharmony that come s with that . Dangerous time over there

It's your hugely overpriced London property that is going to crush the UK banks.

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