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British economy forecast to fall in GDP rankings

PwC analysis predicts India will rise to fifth as Brexit impact pushes UK to seventh

Britain’s stalled economy will fall back in the international rankings next year to sit in seventh place behind India and France, according to a report by consultants at PwC.

A fall in the value of the pound, combined with slower growth this year and next as Brexit takes its toll, will mean the UK drops from fifth in the GDP rankings to sit just above Italy in eighth place and Brazil in ninth.

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