The most straight forward way to measure our progress in the global race is to look at growth. The info-graphic above compares our performance to those of the other major economies in the G7 group since the Budget of June 2010.
As can be seen when compared to our international peers our growth performance is nothing to get excited about. If there is a global race we seem to be losing it.
View a larger version of the infographic here or click on the image.