UK set for slowest growth in G7 as Ukraine war hits global economy

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However, subsequent 12 months, the UK is predicted to have the slowest growth in the G7 and throughout Europe’s fundamental economies, at simply 1.2%, a close to halving from the two.3% anticipated beforehand. The 2023 UK determine is the slowest other than heavily-sanctioned Russia in the broader G20 grouping, which incorporates nations such as China and India.

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