Sharp drop in UK business investment, Business investment in the UK has fallen for the second quarter in a row, recording the biggest fall since 2009.
Spending by business fell by 1.4% in the fourth quarter from the previous three-month period.
The Office of National Statistics (ONS) which collects the data said falling oil prices may be to blame.
Read MoreThe oil price has fallen by over a half since June last year, and oil companies have pulled back on investment in the UK and around the world.Read More
Spending by business fell by 1.4% in the fourth quarter from the previous three-month period.
The Office of National Statistics (ONS) which collects the data said falling oil prices may be to blame.
Read MoreThe oil price has fallen by over a half since June last year, and oil companies have pulled back on investment in the UK and around the world.Read More
