UK Investment Falls
World Economy

UK Investment Falls

Business investment in Britain fell in annual terms between January and March, Euronews reported. It was the first such decline in three years and comes amid uncertainty around the vote on whether the UK stays in the European Union. Business investment was down 0.4% year-on-year after rising a full 3% in the final three months of last year. The Office of National Statistics said the fall was driven by weaker investment in offices and other non-residential buildings. Consumer spending has been the main driver of Britain’s recovery from the financial crisis and policymakers have said they want to see greater investment by businesses to secure a more balanced economy.


Short URL : http://goo.gl/c5v1su
  1. http://goo.gl/RIoOBR
  • http://goo.gl/Oc9SG7
  • http://goo.gl/zYTLd1
  • http://goo.gl/Tc069t
  • http://goo.gl/KCa7Ag

You can also read ...

Najib Says Malaysia Reserves at $100 Billion
Malaysia’s international reserves, which amount to more than $...
Pakistan Economy Teetering as Pleas for Remedy Mount
Pakistan is showing clear signs of economic meltdown amid...
For the full year 2017, GDP growth may be slightly higher than the 1.4% estimated in the previous bulletin, the Bank of Italy said.
Fitch Ratings has affirmed Italy's sovereign rating at 'BBB'...
If NAFTA is scrapped, some economists predict that the big automakers would just shift production altogether to Europe or Asia.
America’s federal government finished fiscal 2017 with a...
Japan Faces Huge Challenges
Is Japan’s problem-plagued economy finally turning a corner?...
GE is maker of power plants, jet engines, medical devices and other  industrial equipment.
General Electric Co’s new chief executive vowed to shed more...
Fed Chair Race Heats Up
President Donald Trump said he’s considering Stanford...
Chinese stocks have steadily moved upward since June.
Investor confidence in China’s securities market remains...