10 FACTS ABOUT UK ECONOMY
- The UK is the world’s sixth largest economy and one of the world’s top ten manufacturers
- The UK is the world’s second largest services exporter and the world’s sixth largest trading nation.
- The World Bank rated the UK first in Europe and fourth in the world on its “Ease of Doing Business Ranking”.
- The UK is the number one location for European headquarters: more overseas companies have their European headquarters in the UK than in France and Germany put together.
- Six of the world’s top ten vehicle makers are based in the UK – the industry accounts for eleven per cent of the UK’s manufactured exports.
- The UK has the world’s second-largest aerospace market share, with an annual turnover of £20 billion each year.
- London’s global financial centre was ranked in first place in the 2011 Global Financial Centres Index. Across the UK, there are over one million people employed in financial services.
- UK academic institutions include four of the world’s top ten universities.
- The UK has created five of the world’s top twenty best-selling medicines.
- The UK’s low carbon industry is worth £112 billion a year and employs 910,000 people.
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