Britain will be overtaken by Mexico and Indonesia in the next four decades to
push the nation's GDP to 11th place in world rankings, according to a report
released by the accountancy giant on Wednesday.
PwC's report,
BRICs and Beyond, projected a rapid rise of the so-called E7 of emerging
economies, also pushing the US, Japan, Germany, France and Italy down the
league table - although only the UK and Italy lost their top ten status.
Nonetheless the UK is set to retain a prime spot on measures of GDP per head
of population by 2050, ranking fourth after the US, Canada and France.
Read more: http://www.telegraph.co.uk/finance/economics/9805236/Britain-to-drop-out-of-worlds-top-ten-economies.html
Read more: http://www.telegraph.co.uk/finance/economics/9805236/Britain-to-drop-out-of-worlds-top-ten-economies.html
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