The UK’s growth in GDP per capita is set to trail most G7 nations, a think tank’s analysis shows
High inflation and low growth will further the decline in UK living standards, pushing the country behind its economic peers, the UK-based Centre for Economics and Business Research (CEBR) has predicted.
The forecast, set out in the CEBR’s annual World Economic League Table released on Friday, projects that the UK will fall from 19th to 22nd in global GDP per capita rankings by 2030, being overtaken by Hong Kong, Finland, and the UAE. British living standards are expected to slip behind those of former colony Malta by 2035.
In dollar terms, UK GDP…
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