Firms' investment hits £28.4bn

13 April 2012

UK BUSINESS investment rose by 1.3% to £28.4bn in the final three months of last year - the highest quarterly figure for 18 months.

Investment in the manufacturing sector jumped by 3.4% over the same period in the latest sign that the industry downturn is over. The figures will boost hopes that the economic recovery is becoming more balanced.

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