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‘The UK has the strongest and best-performing economy in Europe’ Discuss.  

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'The UK has the strongest and best-performing economy in Europe' Discuss When one talks about a strong economy, a few key economic indicators will get mentioned; inflation, unemployment and economic growth. These are considered the three main macroeconomic indicators of any economy. To define a strong economy in the simplest form you must have a low rate of inflation, low unemployment and steady economic growth. During this essay there will be comparisons between other European countries (e.g. France, Germany, Luxemburg, Belgium, Spain, Italy) and these economic indictors mentioned as well as others. We will start to look at inflation rates. "The British economy has slowed over the past 12 months, but remains among the strongest in the developed world, a report has said" (BBC News Online). Last month the Underlying rate of inflation in the UK remained unchanged at 2.3%, which is below the governments target rate of 2.5%, this is...

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