Pantheon Macroeconomics

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31st Aug 2022 15:10U.K., Daily Monitor

  • Business investment rose again in Q2, as key uncertainties faded and supply constraints began to ease.
  • We expect a further rebound in H2; balance sheets are strong and investment intentions still are high.
  • But we doubt capex will return to its pre-Brexit share of GDP; the U.K is a less desirable place to invest.

brexit business confidence business investment capex construction corporation tax credit credit conditions deposits energy energy prices g7 interest payments labour labour market machinery manufacturers manufacturing mpc natural gas obr oil policy q1 q2 q4 recessions transport

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Keywords for: 1 Sept 2022 UK Monitor

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