In recent years, the UK has turned out to be the steadiest of all the G7 economies. Unlike the US,...
In recent years, the UK has turned out to be the steadiest of all the G7 economies. Unlike the US, it avoided the excesses of the post-bubble downturn while enjoying better economic growth than the Eurozone. So far, the UK economy has not been unduly affected by higher oil prices and growth remains close to its long-term average of between 2%-3% per year. There are three main drivers of economic growth in the UK: the public sector, the consumer and the corporate sector. What is the outlook for each? Job creation in the public sector has been strong in recent years, providing a valuabl...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes