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The UK is growing like France — so why does it get a bad rap?

The UK economy is doing about as well as France — and a lot better than Germany — but that merely suggests that without Brexit, it would be doing much better still

Twice the size of whales: Airbus' Beluga XL lands at the firm's assembly plant in Broughton, Wales. The UK economy has stayed aloft despite the ballast of Brexit
Twice the size of whales: Airbus' Beluga XL lands at the firm's assembly plant in Broughton, Wales. The UK economy has stayed aloft despite the ballast of Brexit Photo: Getty Images

Inflation in the UK is at its lowest level in three years, growth hasn’t been so slow since early 2010, the December general election has added political uncertainty to the economic fears generated by Brexit, and the Bank of England still seems to be hesitating on whether to lower interest rates.

Hidden under the recent underwhelming economic data, however, is the fact that in spite of the global economic slowdown triggered by President Donald Trump’s trade warmongering, the UK will keep growing this year. And it will do so at a pace in line with the rest of Europe.

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