Economic growth in G7 versus Brics: A reality check (M&G)

In the UK, the BBC prepared and published data from the International Monetary Fund (IMF) in January about various nations’ growth forecasts for 2023 and 2024. 

The BBC foregrounded some bad news for the UK. Of nine major industrial economies — the G7 (the UK, US, Canada, Japan, Germany, France and Canada), plus Russia and China — the UK would be the only one to suffer real economic decline, a contraction in its 2023 GDP (its total annual, national output of goods and services).  Click here to read the full article

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