February 14, 2017
Falling behind?
shaoran2012The claim: The falling pound has made the UK the world’s sixth biggest economy, down from fifth. Reality Check verdict: The World Bank produces the rankings which are based on average exchange rates over the period. The UK has not fallen behind France so far. Figures as diverse as Jeremy Corbyn, the Labour leader, and Lord Livingston, the former Conservative trade minister, have said the UK has slipped down the rankings and is now the sixth-largest economy in the world. In an article in the Telegraph, former trade minister Lord […]