Business Investment In The UK - October To December 2023 Revised Results

29th March 2024

UK business investment increased by 1.4% in Quarter 4 (Oct to Dec) 2023, revised slightly from our initial estimate of a 1.5% increase in the provisional estimate; the main contributor to business investment growth was an increase in buildings investment.

UK business investment is 2.8% above where it was the same quarter a year ago.

Annual UK business investment increased by 5.5% in 2023, revised down from a 6.1% increase in the provisional estimate.

UK whole economy investment (technically known as gross fixed capital formation (GFCF)), which includes business and public sector investment, increased by 0.9% in Quarter 4 2023, revised down from a 1.4% increase in the provisional estimate.

UK GFCF is 0.5% above where it was the same quarter a year ago.
Annual UK GFCF increased by 2.2% in 2023, revised down from a 2.9% increase in the provisional estimate.

Read the full ONS report HERE