UK climbs economic rank list

clock

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 ...

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

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

'Budget will be a reset for our economy' Reeves tells IMF colleagues

'Budget will be a reset for our economy' Reeves tells IMF colleagues

Autumn Budget on 30 October

Linus Uhlig
clock 24 October 2024 • 2 min read
Advisers urged not to let clients 'act too soon' ahead of Budget

Advisers urged not to let clients 'act too soon' ahead of Budget

Communication is about ‘staying calm and keeping clients focused’

Isabel Baxter
clock 22 October 2024 • 5 min read
Why the Bank of England needs to stop over-sharing

Why the Bank of England needs to stop over-sharing

'We are used to the comments of central bankers moving markets'

Laith Khalaf
clock 17 October 2024 • 4 min read