Sunday 6 July 2014

Britain’s economy forecast to stay on global A-list | GulfNews.com

Britain’s economy forecast to stay on global A-list | GulfNews.com:



"London Forecasters have good news for those fearing that Britain faces a long, slow decline into economic mediocrity: the UK will still stand tall among the world’s biggest economies in 2030, having overtaken France and even made progress on closing the gap with Germany.



Only India will leapfrog the UK on the rich list of nations, according to the report by PricewaterhouseCoopers (PwC), as the previously fast-growing countries Russia and Brazil struggle to make ground on the global league table.



According to the report, the youthful vigour of the UK economy, with its high birth rate and flexible labour market, will contrast markedly with the ageing populations of mainland Europe."



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