UK drops most on competitiveness index, alongside France and Germany ALBAWABA – The United Kingdom (UK) has dropped six places on the global economic competitiveness ranking, having lost $720 billion in potential investments opportunities, Bloomberg reported Tuesday Leaders are losing confidence in the country, partly due to “government incompetence,” according to the International Institute for Management Development’s (IMD) annual World competitiveness index. The UK dropped from the 23rd to 29th ...