The United Kingdom is situated just off the coast of Western Europe. The whole island of Great Britain, which includes England, Wales, and Scotland, as well as the northern part of the island of Ireland (Northern Ireland), is collectively referred to as the United Kingdom. The United Kingdom as a whole is sometimes referred to as Britain. It lies between the North Atlantic and the North Sea. The country’s capital is London, one of the top economic, financial, and cultural hubs in the world.
Countries: England, Scotland, Wales, and Northern Ireland.
Major cities– Major cities include Birmingham, Liverpool, Leeds and Manchester in England; Belfast and Londonderry in Northern Ireland; Edinburgh and Glasgow in Scotland; & Swansea and Cardiff in Wales.
Main Language: English
UK climate is one of the most unpredictable climates in the world. Summers is between 18 c to 27 c Winters is between -4 c to 10 c. UK receives snow fall between Dec – Feb.
By unpredictable, rain can start anytime in the UK. One moment there is heavy sunlight and at other moments it starts raining. So, make sure to carry an umbrella.
London is the world’s largest international financial centre UK is today the fifth largest economy in the world and the second largest in Europe. Britain’s aerospace industry is the second- or third-largest national aerospace industry depending on the method of measurement. UK has the third-highest share of global pharmaceutical research and development. Of the world’s 500 largest companies, 26 are headquartered in the UK. The British economy is boosted by North Sea oil and gas production; its reserves were estimated at 2.9 billion barrels in 2015. GBP 1= INR 102.17 (as on 3rd May 2023)
The UK is is certainly a major global financial hub and a significant player in international business. One reason for this is the UK’s long history of trade and commerce, which has helped to establish a business-friendly culture and legal framework. London, in particular, is a major financial center and home to the London Stock Exchange, one of the largest and most important stock markets in the world. Many of the world’s leading banks and financial institutions have offices in London, and it is also a hub for international trade and investment.
The social market economy that the United Kingdom (UK) has is quite advanced. By nominal gross domestic product (GDP), purchasing power parity (PPP), and GDP per capita, it is the sixth-largest national economy in the world and accounts for a sizeable percentage of nominal world GDP. The UK accounts for a sizeable part of global GDP in PPP terms.
3131.38 billion US dollars (2021)
Source: Trading Economics.com
The UK has a parliamentary government based on the Westminster system that has been emulated around the world: a legacy of the British Empire.