Britain Falls Behind G7 Economic Peers ...Middle East

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Britain Falls Behind G7 Economic Peers
The UK economy will languish behind its rich counterparts next year amid a tough inflation surge driven by worker shortages and an “untargeted” energy support package, a new report reveals. Britain’s economy will shrink 0.4 percent next year, the worst performance of any country in the G7, according to the Organisation for Economic Co-operation and Development (OECD). In fact, out of the broader G20 group, Britain will come third bottom, only ahead of Russia, which has been frozen out of the global economy through sanctions in…

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