Britain has lost decade of economic growth


According to the Institute for Fiscal Studies, Britain has a weak G-D-P growth by historical standards and its lost income will never be recovered. It has also projected disappointing wage increases over the next five years. Calculations by the institute suggest that every person in the country is today around four-thousand pounds worse off than they would have been if the economy had continued growing at the rate seen before the 2008 recession.

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