Investment by business falls

BUSINESS investment in Britain fell three per cent between July and September compared with the previous three months, according to official data released yesterday.<br /><br />The Office for National Statistics said investment was 21.7 per cent lower compared with the same period last year at &pound;28.393bn.<br /><br />The third quarter spending drop by companies, for goods ranging from machinery to information technology systems, compared with a fall of 10.2 per cent in the second quarter. <br /><br />The dip is better than the six per cent drop forecast by economists