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United Kingdom of Great Britain and Northern Ireland

Capital: London              HDI: 0.892 (14th)

Language: English          GDP (PPP): $2.55 trillion

Population: ~ 64.1 million

Currency: Pound Sterling

The U.K. is the second largest European economy and the fifth largest economy in the world. British colonial history means that the U.K. has well established relationships trade wise and culturally with countries all over the world. The island nation’s capital of London is the world’s largest financial center, has the largest GDP for a city in Europe, and sees the most international visitors annually. Exports are still very important to the British economy and the British merchant navy is still one of the largest in the world. The government has been committed to reducing corporate taxes to around 20% and to cut government spending to improve the long term economic growth of the country. The country’s position as a leading trading power and financial center means that many international corporations choose Britain as a home.

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