Title: Britain's bulging economy surges past France
Britain is overtaking France as Europe’s second largest economy “right now”, according to a leading think-tank, even as UK growth is expected to slow this year.
The National Institute of Economic and Social Research (NIESR) believes Britain will expand by 2.5pc this year. While this is lower than its forecast of 2.9pc three months ago, and last year’s growth of 2.8pc, the think-tank believes France will grow by just 1.3pc this year and 1.6pc in 2016
Author: Szu Ping Chan
Publication: The UK is overtaking France to become Europe's second largest economy, according to influential think tank
Date: 5:00AM BST 06 May 2015
Source: telegraph.co.uk
URL:
http://www.telegraph.co.uk/finance/e...st-France.html