December 26, 2013
Britain will surpass France and Germany to become Europe’s biggest economy by 2030, according to a study released on Thursday.
British research group the Centre for Economics and Business Research (CEBR) predicts that Britain’s output will outstrip France’s by 2018 before displacing Germany by around 2030.
But it will be overtaken by India and Brazil over the same time period, said the study.
“Germany is forecast to lose its position as the largest Western European economy to the UK around 2030 because of the UK’s faster population growth and lesser dependence on the other European economies,” the report said.
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