
"Was in the slow lane. Still in the slow lane. Will remain in the slow lane." The laconic words of Jonathan Prynn, the Standard's business editor, summarising (off the record but oh well) today's report by the Organisation for Economic Co-operation and Development (OECD), which forecasts that the UK will be the worst-performing economy in the G7 next year.
Except, it's worse than that. The OECD thinks the UK will be the joint-worst performing economy in the G20, equal only with Russia. Actually, it's *even* worse than that. The OECD predicts the UK will be the worst-performing economy in the entire OECD, comprised of 38 member nations.