«Breaking News» French economy will overtake UK’s as Brexit bites – city analysts predict

France is set to replace the UK as the sixth richest country in the world, the Centre for Economics and Business Research said

The French economy will briefly become larger than Britain’s next year as Brexit uncertainty takes its toll, according to a report.

France is set to replace the UK as the sixth richest country in the world, the Centre for Economics and Business Research said.

But Britain’s fundamental strengths mean this country will quickly overcome the setback of being pushed into seventh place and will overtake France again to reclaim the sixth spot a year later.

The predictions, in an annual league table of economies by the CEBR, suggest that Brexit will have little impact on our international ranking in the long term. Britain is still slated to be in sixth spot by 2033, scotching claims from Remainers that the economy would be permanently damaged by leaving the EU.

The CEBR said that Brexit might actually boost the UK in the long run if it allows us to improve trading links with the Asian countries that are set to dominate this century.

And even if the political fallout from Brexit is so bad that Scotland and Northern Ireland declare independence, the rump of England and Wales would still be a larger economy than France by 2026. 

Forecasters warned that despite French president Emmanuel Macron’s pledge to transform his country, there is no sign of Paris getting runaway state spending under control, which means they expect its economy to grow more slowly than post-Brexit Britain

Forecasters warned that despite French president Emmanuel Macron’s pledge to transform his country, there is no sign of Paris getting runaway state spending under control, which means they expect its economy to grow more slowly than post-Brexit Britain. 

The US remains the world’s biggest economy, but China is expected to take first place by 2032.

Douglas McWilliams, deputy chairman of the CEBR, said: ‘Despite global uncertainty and the tightening in US monetary policy which has pushed down some of the emerging market currencies, the 21st century is still likely to be the Asian century.

‘This is one reason why, even though Brexit will be disruptive in the short term, long term it is unlikely to do much damage to the UK economy and might, on some assumptions, boost it.’

Link hienalouca.com

https://hienalouca.com/2018/12/26/french-economy-will-overtake-uks-as-brexit-bites-city-analysts-predict/
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France is set to replace the UK as the sixth richest country in the world, the Centre for Economics and Business Research said

The French economy will briefly become larger than Britain’s next year as Brexit uncertainty takes its toll, according to a report.
France is set to replace the UK ...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

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