I love a crash headline! The UK economy has gone from the world's 5th biggest to its 6th.
Hence the 'crash'.
LOL.
Still, they probably aren't LOLing in Downing Street.
- UK economy now #6
- Overtaken by ... (wait for it) ... France!
- U.K. Treasury used GDP forecasts published by the International Monetary Fund in October for tis economy size assessment
- France will move ahead of Britain in the 2017 ranking, and further ahead in 2018
- This year will be the first time since 2013 that France has topped the U.K. in the ranking, according to the IMF.
