Britain is the world’s sixth-most significant financial system, a prime-tier industrialized energy that still sees by itself as a cradle of the postwar welfare point out. But its stagnant economy has probably just entered what the Financial institution of England claims could be the longest economic downturn and sharpest drop in residing criteria on file, and it is the only G-7 country whose GDP is however reduced than ahead of the pandemic. Britain the moment as opposed alone to giants like France and Germany these days quite a few of its metrics extra carefully resemble Eastern Europe’s weaker economies. The economic calamity enveloping the U.K. is so common that there…