-- The UK will outperform its struggling European peers in the next 15 years, helping it to cling onto its place among the world’s biggest economies, according to long-term projections. “While this outlook is markedly better than key European peers like France and Germany, both of whom are expected to slip, this reflects a relatively poorer outlook for Eurozone economies …
The CEBR takes its base data from the IMF’s World Economic Outlook and uses an internal model to forecast growth, inflation and exchange rates According to the Centre for Economics and Business Research, the world will experience a recession in 2023 as a result of rising borrowing prices intended to combat inflation. According to the British consultancy’s annual World Economic …
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Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Confidence in household finances over the short term hit an all-time low in the …
The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy, a report showed on Sunday. British consultancy Cebr predicted China will become the world's top economy in dollar terms in 2030, two years later than forecast …
Amidst the economic slump caused due to the outbreak of the Wuhan Coronavirus, India is projected to overtake the United Kingdom to become the fifth-largest economy in the world by 2025. This growth trajectory will see India become the world’s third-largest economy by 2030, overtaking the UK in 2025, Germany in 2027 and Japan in 2030,” the think tank noted. …
Boris Johnson's new Brexit trade agreement means Britain and the EU will have a 'special relationship' and 'ugly' politics will end, Michael Gove has said. Policy Editor DANIEL MARTIN looks at the deal and key provisions: After a year in the making, the historic agreement between Britain and the EU was signed by Boris Johnson and Ursula von der Leyen …
Could adding a new public holiday boost the economy? Getty Images The New Zealand town of Kaikoura is one of many that relies on tourism – an extra holiday could provide a boost from domestic visitors In an effort to get gears turning in the global economy, a new proposal could help with spending – and give us some time …
India, which till recently was hailed as the world’s fastest-growing major economy, has seen growth rate decline to a six-year low of 4.5 percent in the September quarter of 2019-20 New Delhi: India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become third-largest in 2034, according a recent report by the UK-based Centre for …
The report further said India is also set to reach a gross domestic product of USD 5 trillion by 2026, 2 years later than the government’s target. New Delhi: India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become third largest in 2034, according a recent report by the UK-based Centre for Economics and …