The
UK has edged up the global rankings in a major annual economic survey by the
World Economic Forum (WEF).
Its
Global Competitiveness Report sees the UK rise one spot to ninth on the list,
while Switzerland and Singapore retain first and second place.
The
US improved its competitiveness position for the second consecutive year,
climbing two places to third.
But
the WEF warns that the global economy's health is at risk, despite years of
monetary stimulus and reforms.
Each
year, the WEF, best known for its annual Davos economic meeting, benchmarks
countries against 12 factors, including infrastructure, education and training,
labour market efficiency, technological readiness and innovation.
The
aim is to
