On the finish of 2022, Paris eclipsed London as Europe’s most beneficial inventory market, knocking the U.Okay.’s capital squarely out of the place it’s held since 2003.
The knockout dovetailed with a report from the Group for Financial Co-operation and Growth, which confirmed the U.Okay. economic system was lagging behind fellow G7 nations. Canada, France, Germany, Italy, Japan and the U.S. all grew their GDPs final 12 months whereas Britain’s declined.
The U.Okay. has lengthy been thought of a high inventive hub for the advertising and marketing trade, however because it grapples with its personal inner tussles—politics, inflation and post-Brexit reverberations—its continued financial affect on the world stage is unsure.
