16 August 2022
Following publication of Business investment in the UK: April to June 2022 provisional results on 12 August 2022, a processing error was discovered in the calculation of growth rates for the lower level components within this dataset for Quarter 2 2022. As a result, figure 1 of the Business investment bulletin was also incorrect at component level. Both the growth rates in the Business investment by asset dataset and figure 1 in the bulletin have now been corrected. Total business investment was unaffected by this error as was gross fixed capital formation and therefore GDP estimates. We apologise for any inconvenience caused.
30 June 2022
After the release of Quarter 4 (Oct to Dec) 2021 Business Investment data in March 2022, a processing error was discovered in the production of our account software estimates for Quarter 1 (Jan to Mar) to Quarter 4 (Oct to Dec) 2021. Because of the National Accounts revision policy, we are unable to revise 2021 data until the release of the annual National Accounts Blue Book-consistent dataset in September 2022.
19 April 2023
On 30 September 2022, we advised that we needed more time to produce a Blue Book 2022 consistent gross fixed capital formation (GFCF) dataset. This meant we were unable to produce some of the more detailed, mainly industry, data that normally accompany the Business investment in the UK bulletin including Business investment by asset.
We have taken the decision to suspend publication of these datasets until publication of our annual national accounts Blue Book 2023 dataset in September 2023 apart from the gross fixed capital formation by industry and asset dataset which will be published in October 2023. This is to allow more time for the quality assurance and production of these more detailed datasets.