Business investment

Business Investment Q4 2011 provisional results

  • Business investment in seasonally adjusted terms fell by £1.7 billion to £28.7 billion (-5.6 per cent) when compared with the previous quarter.
  • Business investment decreased by £0.6 billion (-2.0 per cent) when compared with the fourth quarter of 2010.
  • Total manufacturing investment fell by £0.1 billion to £3.5 billion (-2.4 per cent) when compared with the previous quarter.
  • Total non-manufacturing investment decreased by £1.6 billion to £25.2 billion (-6.0 per cent) when compared with the previous quarter.
  • Compared with the fourth quarter of 2010, total manufacturing investment rose by £0.4 billion (11.3 per cent); total non-manufacturing investment fell by £0.9 billion (-3.5 per cent).

Second Estimate of GDP Q4 2011

Second Estimate of GDP Q4 2011

  • UK gross domestic product (GDP) in volume terms decreased by 0.2 per cent in the fourth quarter of 2011
  • Output of the production industries fell by 1.4 per cent, within which manufacturing fell by 0.8 per cent
  • Output of the service industries was unchanged, while output of the construction industry fell by 0.5 per cent
  • Household final consumption expenditure increased by 0.5 per cent in volume terms in the latest quarter

GDP and the Labour Market – 2011 Q4 – February GDP update



NEET Statistics – Quarterly Brief – February 2012

NEET Statistics – Quarterly Brief – February 2012

  • The current proportion of young people aged 16-18 who are NEET is much lower than in the 1980s, and has declined since a recent peak in 2005.
  • Quarter 4, 2011 NEET 16-24 was 15.9 per cent, up 0.3 per cent on the same period in 2010
  • The latest SFR NEET rate for 16-18 year olds, at end 2010, was 7.3 percent; the lowest level since consistent records began in 1994.
  • London has the lowext 16-18 NEET of all the English Regions

Childcare affordability in London

Tackling childcare affordability in London: Health and Public Services Committee – London Assembly

  • Childcare costs in the capital are up to a third higher than elsewhere in the UK – an average of £119 a week for a child under two years old.
  • On average, London families spend a larger proportion of their income on childcare and travel than people in the rest of the country.
  • London parents also face more challenges than parents in other regions because of longer working hours, lengthy commutes and being less likely to have family close by to help look after children.