Home UK’s Sunak: If you correct for different ways of calculating GDP, we are in line with other countries

UK’s Sunak: If you correct for different ways of calculating GDP, we are in line with other countries

Published date: 12 Feb. 2021 | 10:02

As Britain’s economy suffered its biggest decline of 9.9% on record last year, Finance Minister Rishi Sunak came out in defense of the country’s economic performance.

Sunak said: “If you correct for different ways of calculating GDP, we are in line with other countries.”

GBP/USD challenges lows

GBP/USD is extending its drop below 1.3800 amid notable US dollar demand, as the risk-off mood intensifies in the European session.

The spot was last seen trading at 1.3778, losing 0.26% on a daily basis.

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