The UK economy is currently facing significant challenges as it lags behind its Eurozone counterparts in terms of per capita GDP. In fact, its per capita GDP is lower than that of France and Germany.
According to a recent analysis by Sam Bowman and his co-authors, the country has been struggling for the past 15 years due to restrictions on essential investments in housing, transport, and energy. This has resulted in a scarcity of housing and high energy costs, which further worsen the situation.
As discussions continue regarding the need for strategic investment, the implications for economic growth and stability remain a critical concern.