How Britain’s economic woes stack up against Europe’s – a close look at the figures

How Britain’s economic woes stack up against Europe’s – a close look at the figures - short news


The UK’s money troubles spread from inflation and higher interest rates to sluggish productivity. But how do we compare with our European neighbours?

Dire, grim, dismal: all words used to describe the UK’s economic situation after Thursday’s autumn statement.

In recent decades, the UK’s GDP growth averaged somewhere between the higher rate of the US and the lower rate in the eurozone. That’s starting to change, Carsten Brzeski, global head of macroeconomics for ING..


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source: The Guardian - 19.11.2022

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