The UK economy will continue to lag behind other countries in the group of
seven (G7) advanced economies this year, despite improved growth
projections, new analysis has shown.

Only Germany, which fell into a recession over the start of the year and is
set to stagnate throughout 2023, will perform worse than the UK.

Analysis from the Organisation for Economic Co-operation and Development
(OECD) forecast that the UK’s economy will just about eke out growth this
year.

It expects GDP to edge up by 0.3 per cent before improving moderately to 1
per cent growth in 2024.

It compares with the OECD’s previous forecast in March of a 0.2 per cent
decline in GDP this year followed by a rise of 0.9 per cent next year.

<https://www.thelondoneconomic.com/business-economics/uk-no-longer-worst-performing-economy-in-g7-350248/>

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