the economy of the United Kingdom has been slowing down over the rising concerns of the Brexit situation of the European continent which has affected the UK and the global economy in a very and things are about to get worse as the nation has been one of the worst-performing economies that there are in the world right now.
The shrinking investments and the failing reforms are just making matters worse, and with Boris Johnson always changing the terms of the Brexit deal, the investors have grown tired of the cat and mouse chase and have decided to pull the plug on the nation’s investment sector. The sector has been shrinking, and in 2017 the quarterly investment of the country sank and fell 0.2 percent as the OECD standard was 3.4 percent, the nation has now been ranked in the 30 most worst performing economies which is a very big blow to the economy which was seen as the fifth largest economy and had a immaculate growth curve that was benefitting it in the best way it could. Britain has dropped into the “relegation zone” of leading economies, which had it as the fifth largest economy and the economy was a great role model, but since the 2017 election as growth, investment and exports have fallen behind its fellow economies the nation has been seeing deep troubles.
So with the nation falling down so hard, we expect that the government now brings in the big guns of the economic reform and change the whole scene as that is the need of the hour.
Tags : investments, UK,