UK’s economy is ‘best in Europe’

| 14/06/2009

(BBC): The UK is in the best shape out of all the economies in Europe, according to a leading economist. Paul Krugman, who won the 2008 Nobel prize for economics, said that the UK’s economic policies had been "pretty good" and called them "intelligent". The government also deserved more credit for its policies, he said in an interview with The Observer newspaper. His comments come at the end of a week when the pound has risen to its highest level this year.But Professor Krugman believes the earlier fall in the value of sterling may have helped the UK.

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