WIREDGOV

Main points

• The estimates in this release are short-term indicators of investment in assets, such as dwellings, transport equipment, machinery, buildings and intangible assets. This release covers not only business investment, but asset breakdowns of total gross fixed capital formation (GFCF), of which business investment is one component.
• All investment data referred to in this bulletin are estimates of seasonally adjusted chained volume measures. The earliest period being revised in this release is Q1 2014.
• In Quarter 1 2015, GFCF was estimated to have increased by £1.5 billion (2.0%) to £76.1 billion compared with the previous quarter. This is the highest level which has been recorded for this series since it began in Quarter 1 1997.
• In Quarter 1 2015, business investment was estimated to have increased by £0.9 billion (2.0%) to £46.5 billion compared with the previous quarter.
• In Quarter 1 2015, GFCF was estimated to have increased by 5.0% compared with Q1 2014.
• In Quarter 1 2015, business investment increased by 5.7% compared with Q1 2014.
• Changes have been made to the Quarterly Survey of Capital Expenditure for Q1 2015. Clearer instructions have led contributors to indicate some historic misreporting in the asset breakdown. Adjustments have therefore been included to keep the asset series consistent with the asset split of the previous survey.
• The incorporation of the new interim construction price deflators has led to upward revisions to the levels of GFCF from Quarter 1 of 2014.

Get all the tables for this publication in the data section of this publication.