UK economy is set to outstrip France and gain on Germany - News Summed Up

UK economy is set to outstrip France and gain on Germany


The UK will be ahead of France in economic terms and will narrow the gap on Germany, which will experience a slowdown in growthThe UK economy is set to grow more quickly than France in coming years, making it almost 20 per cent larger by 2038, and narrowing the gap with Germany. According to this year’s world economic league table from the Centre for Economics and Business Research, the UK is likely to maintain its position as the sixth-largest global economy. SponsoredThe UK economy is expected to be 10.2 per cent larger than France in 2033, this is forecast to increase to 19.9 per cent by 2038. In that same period, the gap between the UK and Germany — which is nearly a third larger than the UK — is expected to narrow slightly to 28.8 per cent. The narrowing of the gap between the UK and German


Source: The Times December 26, 2023 10:05 UTC



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