Brexit worries loom large over investment in UK mining sector

Business investment in the UK mining sector has plummeted by nearly one sixth in a year, as worries over the UK leaving the European Union (EU) loom large, analysis by specialist tax consultancy Catax has shown.

Citing information by the Office for National Statistics, Catax states that business investment in the mining sector fell by 14.4% to £2.2-billion in the first three quarters of 2018, down from £2.5-billion for the same period in 2017.