'Chronically weak' British economy won't bounce back for some time

British economic growth was still lagging the US, the eurozone, and "all G7 countries except Germany over three years on from the start of the pandemic", Ms Gregory said
'Chronically weak' British economy won't bounce back for some time

Ruth Gregory, deputy UK chief economist at Capital Economics, said the British economy was underperforming its peers as it struggles to comes to terms with a depleted work force, low levels of government spending, as well as dealing with the hit taken to its exports from Brexit, which are pressing issues that can't be fixed in the short term. 

The issues weighing down on the "chronically weak" British economy will not go away anytime soon, a leading economist at a British economics consultancy group has warned. 

Ruth Gregory, deputy UK chief economist at Capital Economics, said the British economy was underperforming its peers as it struggles to comes to terms with a depleted work force, low levels of government spending, as well as dealing with the hit taken to its exports from Brexit, which are pressing issues that can't be fixed in the short term. 

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