Business investment in the United Kingdom declined 0.3 percent on quarter in the first three months of 2020, worse than initial estimates of a flat reading and following a similar fall in the previous period, final estimates showed. It partially reflects the effects of the coronavirus pandemic on the economy due to a lockdown imposed from mid-March. Investment in other buildings and structures as well as transport equipment went down, though these were partially offset by increases in investment in information and communication technology equipment, and other machinery and equipment. Year-on-year, business investment went up 0.8 percent. Meanwhile, gross fixed capital formation decreased by 1.1 percent on quarter, reflecting declines in government investment, dwellings investment and business investment.
Private Investment in the United Kingdom averaged 0.95 percent from 1967 until 2020, 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. United Kingdom Business Investment - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Office for National Statistics
Private Investment in the United Kingdom is expected to be -12.00 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 2.50 percent in 2021 and 0.80 percent in 2022, according to our econometric models.