Britain’s economy will be closer to Guyana than the U.S. in a decade’s time as Sir Keir Starmer fails to meaningfully boost living standards, economists have warned. The Telegraph has more.

The Centre for Economics and Business Research (CEBR) has predicted that Britain’s growth in GDP per head – a proxy for living standards – will be among the weakest in the G7 over the next five years, trailing the US, Japan, Italy and Germany until the end of the decade.

Ranked in cash terms, the UK is on course to remain in 22nd place for GDP per head in 2029 as it is overtaken by both the UAE and Malta.

By 2039, UK GDP per capita is expected to be $86,141 (£68,800), pushing the UK up one place in the global league table. However, this is expected to be closer to Guyana’s GDP per head of $78,695, than the US, where GDP per person is projected to stand at $148,411.