The Economy of the UNITED KINGDOM

1
The Economy of theUNITED KINGDOM

• Domenic Denicola
• Collin Sanders

2
In Comparison
3
Industries
Take a guess (percentage-wise) as to how much of
the economy is in the government sector.
4
Taxes

• Misery Index 111.3
• Overall tax burden 35.9
• Mostly sales tax and individual income taxes
• Comparatively low social security taxes

5
Currency

• The Pound Sterling
• Originally the price of one pound of sterling
  silver.
• Among the highest valued of all currencies in the
  world
• Interest Rates and the Bank of England
• Gordon Brown
• Target inflation 2

6
Currency The Euro

• UK opted out of the Euro ()
• ERM II
• Euro comes from this
• Black Wednesday
• Current administration pro-Euro
• But the populace isnt so keen on it