Capital spending stays weak

Chris Dillow

Chris Dillow

The dearth of investment opportunities seems to be continuing. This week's figures show that business investment fell in Q3, despite the strength of the wider economy. This continues the long-term downtrend in investment as a share of GDP. Business investment accounted for 8.5 per cent of GDP in Q3. In the late 90s, it was over 12 per cent*.

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