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Friday 7 September 2012

The UK, a leading trading power and financial center

The UK, a leading trading power and financial center, deploys an essentially capitalistic economy, one of the quartets of trillion dollar economies of Western Europe. Over the past two decades the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with only 1% of the labor force.



The UK has large coal, natural gas, and oil reserves; primary energy production accounts for 10% of GDP, one of the highest shares of any industrial nation. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance.


London is the place to start. Nowhere in the country can match the scope and innovation of the metropolis, a colossal, frenetic city, perhaps not as immediately attractive as its European counterparts, but with so much variety that the only obstacle to a great time is the shockingly high cost of everything. It's here that you'll find Britain's best spread of nightlife, cultural events, museums, galleries, pubs and restaurants. The other large cities, such as Birmingham, Newcastle, Leeds or Liverpool each have their strengths: Birmingham has a resurgent arts scene, for example, while people travel for miles to sample Newcastle's nightlife. These days Manchester can match the capital for glamour in cafes and clubs, and also boasts the inimitable draw of the world's best-known football team.


In terms of the number of tourists they attract, the biggest occasions in the English calendar are the rituals that have associations with the ruling classes – from the courtly pageant of the Trooping of the Colour to the annual rowing race between Oxford and Cambridge universities. In Scotland many visitors home straight in on bagpipes, ceilidhs and Highland Games; such anachronisms certainly reflect the endemic British taste for nostalgia, but to gauge the spirit of the nation you should sample a wider range of events. London's large-scale festivals range from the riotous street party of the Notting Hill Carnival to the Promenade concerts, Europe's most egalitarian high-class music season, while the Edinburgh Festival and Welsh National Eisteddfod are vast cultural jamborees that have attained international status. Every major town in Britain has its own local arts festival, the best of which, along with various other local fairs and commemorative shows, are mentioned in the guide; we've listed the very biggest ones.


United Kingdom is a island country located off the northwestern coast of mainland Europe. The United Kingdom comprises the whole of the island of Great Britain—which contains England, Wales, and Scotland—as well as the northern portion of the island of Ireland. The name Britain is sometimes used to refer to the United Kingdom as a whole. The capital is London, which is among the world's leading commercial, financial, and cultural centres. Other major cities include Birmingham, Liverpool, and Manchester in England, Belfast and Londonderry in Northern Ireland, Edinburgh and Glasgow in Scotland, and Swansea and Cardiff in Wales.


The origins of the United Kingdom can be traced to the time of the Anglo-Saxon king Athelstan, who in the early 10th century AD secured the allegiance of neighbouring Celtic kingdoms and became “the first to rule what previously many kings shared between them,” in the words of a contemporary chronicle. Through subsequent conquest over the following centuries, kingdoms lying farther afield came under English dominion. Wales, a congeries of Celtic kingdoms lying in Great Britain's southwest, was formally united with England by the Acts of Union of 1536 and 1542; Scotland, ruled by an English monarch since 1603, formally was joined with England and Wales in 1707 to form the United Kingdom of Great Britain. (The adjective “British” came into use at this time to refer to all the kingdom's peoples.) Ireland came under English control during the 1600s and was formally united with Great Britain through the Act of Union of 1800. The republic of Ireland gained its independence in 1922, but the six counties of Ulster remained part of the United Kingdom as Northern Ireland. Relations between these constituent states and England have been marked by controversy and, at times, open rebellion and even warfare. These tensions relaxed somewhat during the late 20th century, when devolved assemblies were introduced in Northern Ireland, Scotland, and Wales. Nonetheless, even with the establishment of a power-sharing assembly after referenda in both Northern Ireland and the Irish republic, relations between Northern Ireland's unionists (who favour continued British sovereignty over Northern Ireland) and nationalists (who favour unification with the republic of Ireland) remained tense into the 21st century.


The United Kingdom has made significant contributions to the world economy, especially in technology and industry. Since World War II, however, the United Kingdom's most prominent exports have been cultural, including literature, theatre, film, television, and popular music that draw on all parts of the country. Perhaps Britain's greatest export has been the English language, now spoken in every corner of the world as one of the leading international mediums of cultural and economic exchange.

The United Kingdom retains links with parts of its former empire through the Commonwealth. It also benefits from historical and cultural links with the United States and is a member of the North Atlantic Treaty Organization (NATO). Moreover, the United Kingdom is a member of the European Union, if a sometimes reluctant one. Many of its people hold to the sentiments of the great wartime prime minister Winston Churchill, who sonorously remarked, “We see nothing but good and hope in a richer, freer, more contented European commonalty. But we have our own dream and our own task. We are with Europe, but not of it. We are linked, but not comprised. We are interested and associated, but not absorbed.” Yet a cosmopolitan, resolutely multicultural United Kingdom—incorporating African, Caribbean, and Asian as well as Anglo-Saxon and Celtic influences—is now firmly joined to the European continent, and the country's former insularity—both literal and metaphorical—and sense of exceptionalism have at least for many given way to a new vision of its place in the world, which continues to be an important one.

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