Why Is UK No Longer a Rich Country? Is Britain Falling?

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  • เผยแพร่เมื่อ 28 ส.ค. 2024
  • It's important to know that #Britain is not as rich as it thinks. There is a reason for this misunderstanding. The amount of money UK households need to meet their needs has not increased over the past 15 years. The average income of a British household is 20% lower than that of a Nordic household. A January survey by the Resolution Foundation found that 11% of Europeans - about 6 million people - do not have enough money to buy food and sometimes go hungry. Britain's slow economic growth is lowering the country's living standards. British stocks ended the week at a record high, but despite expectations for a record high, they have lagged behind U.S. and EU stocks since Brexit. A recent Goldman Sachs report showed the UK economy is 5% smaller than the European economy. The International Monetary Fund last week named the UK one of the four largest economies in its Financial Monitor...

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