UK Fastest Growth in the G7? - No One Believes!
After this week’s GDP statistics, the UK can kind of boast the fastest growth in the G7 during 2025. It’s a bit like winning a beauty contest amongst your seven ageing friends, it doesn’t mean much. The bigger story is not so much a UK boom, growth in the past 12 months amounts to a paltry 1.2%, but a slowing global economy, hit by US tariffs, uncertainty and lower confidence. Also, if we compare growth for the past 12 months, which is a more useful guide, the UK is mid-table mediocrity amongst a pretty poor showing.
► Please SUBSCRIBE!
https://www.youtube.com/c/economicshe...
Sources:
https://www.samdumitriu.com/p/labours...
https://www.independent.co.uk/voices/...
https://www.ft.com/content/14420f4a-0...
https://www.ons.gov.uk/economy/grossd...
https://www.bbc.co.uk/news/articles/c...
https://www.bbc.co.uk/news/articles/c...
ABOUT
-----------
► https://www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including:
► Economic Short Cuts https://amzn.to/3IgxupC
► 50 Essential Economic Ideas https://amzn.to/3IgxndG
► Cracking Economics. https://www.economicshelp.org/shop/cr...
► What Would Keynes Do? Amazon https://amzn.to/2xShqq4
► Economics Without the Boring Bits https://amzn.to/48T1hA9