Economics

UK Slips Behind India to Become World’s Sixth Biggest Economy

  • Loss of status comes as ruling Tory party elects new premier
  • Cost of living shock batters UK, while Indian economy surges
Commuters cross the Millennium Bridge in view of Tower Bridge in London.Photographer: Jason Alden/Bloomberg
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Britain has dropped behind India to become the world’s sixth largest economy, delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock.