[afcapel]

Even discounting annual variance, the UK economy has been performing very poorly since, at least, 2010.

> The UK economy is in the doldrums. The IMF has forecast it will be the worst-performing large advanced economy this year. But the problems stretch back much further.

> Average annual growth rates have more than halved since the global financial crisis of 2007-08. The UK economy is no bigger now than it was on the eve of the coronavirus pandemic at the end of 2019 and the Bank of England does not expect to recover that ground until 2026 at the earliest.

https://www.ft.com/content/dd195cda-ca12-48a6-9e8b-65a36e4e7...

[rayiner]

That’s true of every big European country except Germany. The UK, Italy, France, and Spain (four of the five largest countries in Europe) have basically the same GDP now as in 2008.

[petre]

Germany is screwed too, they lost access to cheap Russian gas, the auto market is changing, car exports account for 40% of their GDP. Companies like Daimler, the Vag group or BMW should really begin to target the defence sector.