UK climbs economic rank list

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The UK has climbed a place in a major annual economic survey assessing competitiveness and productivity in 144 countries.

Thinktank the World Economic Forum's (WEF's) Global Competitiveness Report sees the UK rise to ninth on the list. Switzerland and Singapore keep their positions in first and second place, while the US, praised for boosting its competitiveness, rises two places to third. Finland and Germany both dropped a place, to fourth and fifth respectively. It is the sixth straight year Switzerland has topped the rankings. The UK improved its position among the best-performing economies after being recognised for embracing technology to enhance productivity, its efforts to reduce public sector ...

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