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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.
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.