Despite private capital expenditure recording its biggest-ever quarterly fall,there may be a small-business-driven silver lining on the economic cloudThe latest capital expenditure figures display that investment across the board continues to plummet. However, one vivid bit of news is that the degree in the May budget, or designed to encourage investment in machinery and equipment,looks to be having an impact. Over the past couple of years, every three months the latest private new capital expenditure figures maintain brought a nice helping of economic gloom.
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Source: theguardian.com