The UK economy is nominally the fifth largest in the world and the ninth in terms of purchasing power parity, and the second largest in the European Union .

 

The UK has one of the strongest economies in the world. Its gross domestic product per capita is £ 22,907 . In the country where the mixed market economy is dominant, free market principles are also applied in places. It has a highly developed social welfare infrastructure.

England is the driving economy of the United Kingdom, of which it is a part. The United Kingdom is the 18th strongest country in the world by GDP per capita. It is a leader in the UK chemical and pharmaceutical industry and technical industries such as the arms industry, aerospace industry, software manufacturing. London Stock Exchange is Europe's largest stock exchange. 100 of Europe's largest 500 companies are based in England. London is Europe's largest and, according to 2014 figures, the world's second largest financial center.

 

Pound British pound is the currency used in the UK . The Bank of England is the only official bank in England and Wales . There are also other banks in Scotland and Northern Ireland that are legally authorized to issue pound notes, such as the Bank of England , RBS (Royal Bank of Scotland), Bank of Scotland and Clydesdale Bank .

The international currency code is "GBP" (Great Britain Pound). The Scottish pound (Bank of Scotland) is the lower currency of the British pound, which carries banknotes issued by banks such as the "Bank of Scotland" , RBS , Clydesdale Bank ) and other banks' banknotes are accepted by foreign exchange offices and places where British tourists are frequent, other places only take British pounds. In addition, the UK has overseas territories abroad, Europe and the world , of which Guernsey , Jersey , Falkland Islands , Isle of Man and Gibraltar are very famous, and they also have separate banks. There are also Agrotur and Dhekelia Air Bases, which are air bases in the UK in Cyprus , but they use the European currency Euro (€) like the Republic of Cyprus .

British pound with the exit of the UK from the European Union; The US dollar , European currency unit euro , Japanese yen , Chinese Yuan and Indian Rupee were negatively affected. But, however, the UK 's European Union ' s who want to stay in protest of the British economy to Brexit ( England 's European Union ' s separation from) will be even more so after the contributions.

The UK 's decision to leave the European Union is a very positive decision for the UK to decide on immigration , hegemony , refugee and asylum. If the UK currency (£: British pound) is now mostly rising, it is due to its strict policy for immigration, hegemony, refugee and reaction, and compliance with UK Government rules and income money.

The Bank of England has decided to abolish the UK Government's bills containing over £ 50 John Watson on Brexit and the incidents of robbery , money-printing and fraudulent printing , as well as public robberies in the UK . Although not disclosed at this time, this information will soon be shared with the UK , the entire UK and the world public opinion.

Click on the link for more current economic information about the UK.