Economic Headwinds: Britain Faces Uphill Battle Amidst Declining Investments

Cairo: Mei Kamal El-Din

According to a forecast by the Organization for Economic Cooperation and Development (OECD), Britain is expected to become the slowest-growing economy in the Group of Seven (G7) in 2025, with analysts predicting a decline in GDP growth to 0.4% this year and 1% in 2025. This projection follows a sharp downturn in foreign investment in the British financial sector, with investments halving in 2023 amid stiff competition from New York’s IPO market and major European financial centers post-Brexit.