Could the United Kingdom become an emerging market?

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Could the United Kingdom become an emerging market? Analysis by juliakhorowitz

Some analysts on Wall Street are beginning to wonder whether a volatile currency, declining global clout and a reliance on foreign investors could relegate the United Kingdom to"emerging market" status.

A pedestrian walks a dog along a street in Manchester on July 7.This week, finance minister Rishi Sunak unveiled another £30 billion coronavirus stimulus package aimed at stemming a growing jobs crisis. The Institute for Fiscal Studies, an economic think tank, predicted that the latest measures would likely push this year's deficit further north of £300 billion , which it said would be"easily" the highest as a share of national income since World War II.

 

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juliakhorowitz No, it's being systematically destroyed and turned into an isolated little island mentality to serve a few speculators, run by unelected bureaucrats, the very reason they gave for leaving E.U. yet they did it to themselves.

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