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UK business investment surges at fastest pace in two years, defying tax hike fears

Summary by Business Matters
Business investment in the UK jumped by 5.9% in the first quarter of 2025, marking the fastest pace of growth in two years and easing concerns that recent payroll tax increases would curb private sector spending. According to the Office for National Statistics (ONS), the sharp rise in investment from January to March helped lift overall economic growth to 0.7% in the quarter, with business spending alone contributing 0.5 percentage points. The r…
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Business Matters broke the news in on Friday, May 16, 2025.
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