UK GDP

After the worries of recession has went down 

the market has respond postivley for uk annoucemnts on thier fight against inflation (which they believe it would stay high for the end of 2023 for 4%)

since they didnt mention that they will increase the interest but if the inflation would go up And they would "use the right tools to fight in in accordance" with keep on tracking after labor market , salaries and other indications for inflation 

Bank of england has accouncced that the potential growth of the uk for the next 10 years is
0.7% since two new structure changes :

New employees in the labor market has decreased .

A decrease in new employees in the labor market can lower the potential for economic growth in several ways. When there are fewer new employees entering the labor market, it can lead to labor shortages, which can result in higher wages, increased competition for workers, and reduced productivity in various sectors. This can, in turn, lead to higher prices for goods and services, which can cause inflationary pressures and reduce consumer purchasing power.

Productivity decreased - 

A decrease in productivity can lower the potential for economic growth because it reduces the efficiency of production processes and limits the ability of firms to compete in the global marketplace. When productivity is low, firms are less able to produce goods and services at a low cost and offer them at competitive prices, which can reduce consumer demand and limit economic growth.

Brexit has had a significant impact on the new employees in the UK labor market and on productivity.

Brexit has led to a reduction in the number of workers entering the UK from the EU, due to changes in immigration policy and uncertainty about the status of EU citizens in the UK. This has created labor shortages in certain sectors, including healthcare, hospitality, and agriculture, which have traditionally relied on EU workers. As a result, firms in these sectors have struggled to fill vacancies, which has led to increased wage pressures and reduced productivity.

Furthermore, the uncertainty surrounding Brexit has also led to a reduction in foreign investment in the UK, which has limited the ability of firms to invest in new technologies and equipment, and to develop new products and services. This has, in turn, limited the potential for productivity growth, which is critical for long-term economic growth.

In addition it looks that the uk is going for the other way around like Norway and switzerland to increase the potential growth and to bridge the gaps.

for example Norway Norway is not a member of the European Union (EU), but it has a close relationship with the EU through its membership in the European Economic Area (EEA) and its participation in the European Free Trade Association (EFTA).

As a member of the EEA, Norway has access to the EU's single market, which allows for the free movement of goods, services, capital, and people. This means that Norwegian businesses can trade with the EU member states without facing tariffs or other trade barriers.

In addition to the EEA, Norway has also negotiated a number of other agreements with the EU that govern various aspects of its economic relationship with the bloc. For example, Norway has a separate agreement with the EU that governs the exchange of goods and services in the fisheries sector. This agreement establishes quotas and other restrictions on fishing in Norwegian and EU waters and allows for the free movement of fish products between Norway and the EU.