UK set for slowest growth in G7 as Ukraine war hits global economy
The Ukraine war will “severely set back” global growth with the UK hit harder than most, the IMF says. …
However, next year, the UK is expected to have the slowest growth in the G7 and across Europe’s main economies, at just 1.2%, a near halving from the 2.3% expected previously. The 2023 UK figure is the slowest apart from heavily-sanctioned Russia in the wider G20 grouping, which includes nations such as China and India.
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