How Britain’s economic woes stack up against Europe’s – a close look at the figures

‘It took Brexit for the UK to converge with the eurozone economy.’ says one analyst. Photograph: Peter Dazeley/Getty Images

Dire, grim, dismal: all words used to describe the UK’s economic situation after Thursday’s autumn statement.

In recent decades, the UK’s GDP growth averaged somewhere between the higher rate of the US and the lower rate in the eurozone. That’s starting to change, Carsten Brzeski, global head of macroeconomics for ING Research, told the Observer. “It took Brexit for the UK to converge with the eurozone economy,” he said. “The outlook is very similar to what we’re seeing in continental Europe.”