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Economic Competitiveness

2 articles

The OECD Verdict: UK Claims Global Economic Leadership While Leading Only in Inflation

• via The Guardian

The OECD Verdict: UK Claims Global Economic Leadership While Leading Only in Inflation

Britain to Suffer Highest Inflation in G7 This Year, Says OECD

While the UK government touts its economic prowess, the OECD paints a starkly different picture: Britain is set to endure the highest inflation in the G7 this year, with growth projections remaining sluggish. This report highlights the disconnect between political rhetoric and economic reality, revealing a nation grappling with self-inflicted economic challenges.

Britain's Energy Crisis: A Policy Announcement or a Confession of Failure?

• via Sky News

Britain's Energy Crisis: A Policy Announcement or a Confession of Failure?

Eight Years Too Late, Three Years Too Slow

While Business Secretary Jonathan Reynolds announced plans to cut industrial energy costs, he inadvertently confirmed what has become a defining characteristic of modern Britain: world-leading failure dressed up as forward-thinking policy. The UK maintains the highest industrial electricity prices in the G7, a distinction that has persisted across multiple governments, and the solution being trumpeted won't begin until 2027—three years from now.