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Recidivist

DavidL said:

Philip_Thompson said:

another_richard said:

So yet again actual data on business investment in engineering manufacturing isn't commented upon.

another_richard said:

This is the actual ONS data for business investment, at current prices, in the 'engineering and vehicles' manufacturing sector:

1997 £9.247bn
1998 £9.165bn
1999 £8.763bn
2000 £8.730bn
2001 £7.797bn
2002 £6.809bn
2003 £6.139bn
2004 £5.989bn
2005 £6.678bn
2006 £6.728bn
2007 £6.927bn
2008 £7.836bn
2009 £6.902bn
2010 £6.838bn
2011 £7.854bn
2012 £8.729bn
2013 £8.630bn
2014 £10.286bn
2015 £10.540bn
2016 £9.946bn
2017 £11.225bn

From page 4 of the spreadsheet on this link:

https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/businessinvestmentbyindustryandasset

For 2018Q1 it is £2.722bn, which is the highest Q1 figure on record.

Clearly people prefer to be copying tweets to each other within their own echo chambers and the more fake news the better.

Not just engineering manufacturing, as far as I can tell all manufacturing is at record highs too.
1997 £24.795bn
1998 £25.43bn
1999 £24.815bn
2000 £24.061bn
2001 £21.12bn
2002 £19.077bn
2003 £18.078bn
2004 £17.573bn
2005 £18.751bn
2006 £19.032bn
2007 £20.381bn
2008 £20.742bn
2009 £16.674bn
2010 £17.055bn
2011 £19.411bn
2012 £20.651bn
2013 £21.237bn
2014 £23.78bn
2015 £25.359bn
2016 £24.522bn
2017 £26.851bn

For 2018Q1 it is £6.863bn, which is the highest Q1 figure on record.

Ditto. Even more laughter.

Posting historical data is irrelevant.
My observation is that companies are cutting back on investment. Commonsense suggests that they should do so if the UK is not going to have as big market as it used to have. This survey indicates that it is a widespread phenomenon. What do you find funny about that?