Business investment in the UK sank 10.7 percent on quarter in the first three months of 2021, less than a 11.9 percent fall in the preliminary estimate. This component is now 17.3% below pre-pandemic levels. Year-on-year, business investment dropped 16.9 percent, below initial estimates of an 18.1 percent decline. The Bank of England Agents’ Summary of Business Conditions highlights that investment intentions are still weak despite the coronavirus vaccination and the government plan to ease restrictions, as “considerable caution remains about the strength of a future recovery”. source: Office for National Statistics
Private Investment in the United Kingdom averaged 0.96 percent from 1967 until 2021, reaching an all time high of 60.70 percent in the second quarter of 2005 and a record low of -33.70 percent in the third quarter of 2005. 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 August of 2021.
Private Investment in the United Kingdom is expected to be 10.50 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 1.50 in 12 months time. In the long-term, the United Kingdom Business Investment is projected to trend around 1.20 percent in 2022 and 0.80 percent in 2023, according to our econometric models.