“Diseases of growth. Conditions for economic growth in Britain are favorable, but results are uncertain – The Economist 21 January, 20:32 NV Premium Share: A view of the Bank of England and the financial district in London (illustrative photo) (Photo: REUTERS/Mina Kim) British economic correspondent The Economist’s Archie Hall says that despite favorable conditions for economic growth in the UK, success is not guaranteed.”, — write on: ua.news
A view of the Bank of England and the financial district in London (illustrative photo) (Photo: REUTERS/Mina Kim)
The Economist’s British economic correspondent Archie Hall says that despite the favorable conditions for economic growth in the UK, success is not guaranteed.
The material is published in a special edition of the magazine NV The world ahead of 2025 under the exclusive license of The Economist. Reproduction is prohibited.
The British economy is running out of excuses. For more than 10 years, growth has been sluggish. The political chaos after the 2016 Brexit referendum didn’t help. The COVID‑19 pandemic and lockdowns have certainly dampened growth — as have the spike in energy prices following Russia’s invasion of Ukraine in 2022 and the rise in interest rates following a spike in inflation.