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posted on 19/9/2023 11:3613 years and....shyte - Gav
Britain will be one of the worst performing advanced economies this year and next, the Organisation for Economic Cooperation and Development (OECD) has warned, with only Argentina performing worse over the period.
The organisation said Britain’s growth this year would only outpace Germany and Argentina, while next year only Argentina will be below the UK.
This year, the UK economy will grow by only 0.3pc – a tenth of the 3.1pc growth the OECD has forecast across the G20 in its Interim Economic Outlook.
Britain is expected to be significantly outpaced by Russia, where the economy will grow by 0.8pc in 2023 and 0.9pc next year despite the war in Ukraine.
- Hanging on in quiet desparation is the English way -
The organisation said Britain’s growth this year would only outpace Germany and Argentina, while next year only Argentina will be below the UK.
This year, the UK economy will grow by only 0.3pc – a tenth of the 3.1pc growth the OECD has forecast across the G20 in its Interim Economic Outlook.
Britain is expected to be significantly outpaced by Russia, where the economy will grow by 0.8pc in 2023 and 0.9pc next year despite the war in Ukraine.
- Hanging on in quiet desparation is the English way -
- 13 years and....shyte - Gav 19/9 11:36 (read 907 times, 1 post in thread)