Britain's Corporate Investment Falls in Q4 2011-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Market commentary
  • Copper
  • Copper scrap
  • Aluminium
  • Nickel
  • Steel
  • price
  • Futures movement
  • Nickel sulphate
  • Morning comments
  • Macroeconomics
  • Inventory data
  • MMi Iron Ore Port Index
  • Evening comments

Britain's Corporate Investment Falls in Q4 2011

Data Analysis 08:50:19AM Feb 27, 2012 Source:SMM

LONDON, Feb. 27 -- Britain's total business investment amounted to 28.7 billion pounds (45.35 billion U.S. dollars) in the last quarter of 2011, dropping by 1.7 billion pounds (2.69 billion dollars), or 5.6 percent from the previous quarter, showed official figures on Friday.

 

The Office for National Statistics (ONS) said the business investment in seasonally adjusted term decreased by 0.6 billion pounds (0.95 billion dollars), or 2.0 percent in the fourth quarter 2011 when compared with the same period of 2010.

Of this, the total investment of manufacturing sector was down 0.1 billion pounds (158 million dollars), or 2.4 percent to 3.5 billion pounds (5.53 billion dollars) when compared with the previous quarter.

Meanwhile, total non-manufacturing investment decreased by 1.6 billion pounds (2.53 billion dollars), or 6 percent from the previous quarter to 25.2 billion pounds (39.82 billion dollars).

A latest survey over 1,000 business directors conducted by the Institute of Directors (IoD) indicated that the companies appear to be cautious about increasing business investment and employment.

According to the survey, one in two directors thought there was a high or very high risk of a euro break-up this year.

 

Price

more
#1 Tin Ingot
Jul.22
135750.0
-500.0
(-0.37%)
Solder Bar(63A)
Jul.22
98500.0
0.0
(0.00%)
Solder Bar(60A)
Jul.22
95000.0
0.0
(0.00%)
LF Solder
Jul.22
142500.0
-1000.0
(-0.70%)
Tin Powder
Jul.22
142.5
0.0
(0.00%)

Britain's Corporate Investment Falls in Q4 2011

Data Analysis 08:50:19AM Feb 27, 2012 Source:SMM

LONDON, Feb. 27 -- Britain's total business investment amounted to 28.7 billion pounds (45.35 billion U.S. dollars) in the last quarter of 2011, dropping by 1.7 billion pounds (2.69 billion dollars), or 5.6 percent from the previous quarter, showed official figures on Friday.

 

The Office for National Statistics (ONS) said the business investment in seasonally adjusted term decreased by 0.6 billion pounds (0.95 billion dollars), or 2.0 percent in the fourth quarter 2011 when compared with the same period of 2010.

Of this, the total investment of manufacturing sector was down 0.1 billion pounds (158 million dollars), or 2.4 percent to 3.5 billion pounds (5.53 billion dollars) when compared with the previous quarter.

Meanwhile, total non-manufacturing investment decreased by 1.6 billion pounds (2.53 billion dollars), or 6 percent from the previous quarter to 25.2 billion pounds (39.82 billion dollars).

A latest survey over 1,000 business directors conducted by the Institute of Directors (IoD) indicated that the companies appear to be cautious about increasing business investment and employment.

According to the survey, one in two directors thought there was a high or very high risk of a euro break-up this year.