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Country Commercial Guides
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X. ECONOMICS AND TRADE STATISTICSAppendix A: Country Data
The United Kingdom has a total land area of 94,000 square miles. Of the 58 million inhabitants, 48 million (83%) live in England, 5.2 million (9%) in Scotland, 3 million (5%) in Wales, and 1.6 million (3%) in Northern Ireland. Four out of five people in England live in urban areas. The number of city dwellers is not as high in Scotland and Wales, while in Northern Ireland the numbers of people living in cities and rural areas are almost equal.
Profile
- Population -- 58.3 Million
- Population Growth Rate -- 0.3%
- Religion -- Church of England (Official);
Other Christian Denominations; Islam; Jewish.
- Government System -- Constitutional Monarchy
- Language -- English
- Work Week -- Monday-Friday, 09.00-17:30
Appendix B: Domestic Economy
Figures expressed in $ billions except where noted. 1998 statistics are the latest official figures available
Calendar Year 1996 1997 1998 GDP (nominal) 920.6 944.5 1,210.0 GDP Real Growth (%) 2.7 2.6 1.9 GDP per capita in US$ 19,259 20,382 21,104 Govt spending as % of GDP 40.8 39.6 36.3 Inflation (%)* 3.6 3.4 3.3 Unemployment claimants (%) 7.6 5.7 4.8 Avg. exch. rate (BPS/$) 0.53 0.63 0.64 (Source: Office of National Statistics) * headline rate of inflation. Official inflation statistics record a rate approximately one percentage point less, due to the narrower basis of calculation.
Appendix C: Trade Statistics
Calendar Year 1996 1997 1998 -Total U.K. Exports 265.6 272.2 265.2 -Total U.K. Imports 287.2 293.0 291.3 -U.S. Exports to U.K. 30.9 36.4 39.07 -U.S. Imports from U.K. 28.9 32.6 34.79 -U.S. Import Share (%) 4.9 5.3 5 5.2 Figures expressed in $ billions.
Appendix D: Investment StatisticsTable 1. U.K.'s International Investment Position (historic stock basis, BPS billions)
(Source: Office for National Statistics)
Calendar Year 1996 1997 1998 Direct Investment Overseas by U.K. Residents 207.8 226.5 299.7 Portfolio Investment Overseas by U.K. Residents 535.1 626.7 727.3 Direct Investment by Overseas Residents in the U.K. 147.6 167.1 196.4 Portfolio Investment by Overseas Residents in the U.K. 429.6 590.5 681.0 Table 2. Annual Investment Flows (Balance-of-Payments Basis, BPS billions)
Calendar Year 1996 1997 1998 Direct Investment Overseas by U.K. Residents 22.5 38.9 69.0 Portfolio Investment Overseas by U.K. Residents 59.8 51.4 35.5 Direct Investment by Overseas Residents in the U.K. 16.6 22.6 38.1 Portfolio Investment by Overseas Residents in the U.K. 44.2 29.6 23.2 (Source: Office for National Statistics)
Table 3. Foreign Direct Investment by Source (BPS billions)
Fiscal year 94/95 95/96 96/97 U.S. 8.3 4.3 7.8 Germany 4.4 2.5 1.5 France 3.4 2.1 0.3 Japan 3.3 2.8 1.6 Korea 1.6 0.1 7.8 Taiwan 0.5 0.2 0.1 (Source: Invest in Britain Bureau)
Table 4. Major FDI Projects During 1997 and early 1998
Foreign Investor/Country U.K. Company or Project Value (BPS millions) Coca-Cola Enterprises U.S. U.K. Coca-Cola & Schweppes Beverage Co. 1,250 Federal-Mogul U.S. T&N (Automotive Parts & Industrial Chemicals) 1,400 Xerox U.S. Rank Xerox PLC(acquired additional 1,000 20 percent stake)xxxx xxxx Ciba Specialty Chemicals Switzerland Allied Colloids 1,400 Dupont U.S. Division ICI's Polyester 1,900 AMP Australia Henderson(Insurer) 380 Banker's Trust U.S. National Westminster Bank's Equity Division n/a CSFB (Bank) Switzerland Barclay's Investment Banking Operations n/a Thermo Electron U.S PEEK Traffic Light Systems) 100 Caterpillar U.S. Perkins Engine Group 800 Baan Netherlands CODA(Accounting/Financial Services Software) 540 Microsoft U.S. Computer Science Lab at Cambridge University 50 Photronics U.S Semiconductor Plant 20 Textron U.S. Ransomes(Garden Machinery n/a Astra Charnwood Sweden Pharmaceutical Plant Expansion 110 Ford U.K. New Production Lines 750 Nissan Japan Plant Expansion 215 Appendix E: Key Contacts
U.K. Government AgenciesBritish Trade International
Department of Trade & Industry
Kingsgate House
66-74 Victoria Street
London SW1E 6SN
Tel: 011-44-207-215-5000
Fax: 011-44-207-215-8000Invest in Britain Bureau
Department of Trade and Industry
London SW1H 0NN
Tel: 011-44-207-215-2501
Fax: 011-44-207-215-8451Invest in Britain Bureau USA.
Atlanta Tel: (404) 524-8823
Boston Tel: (617) 248-9555
Chicago Tel: (312) 346-1810
Cleveland Tel: (216) 621-7674
Houston Tel: (713) 659-6275
Los Angeles Tel: (310) 477-3322
New York Tel: (212) 745-0495
Seattle Tel: (206) 622-9255
Washington D.C. Tel: (202) 462-1340Embassy of Great Britain
3100 Massachusetts Avenue
Washington, D.C. 20008, USA
Tel: (202) 462-1340
Fax: (202) 898 4255
Department of Trade and Industry
123 Victoria Street
London SW1H 0NN
Tel:011-44-207-215-5000
Fax:011-44-207-215-6739
- General Inquiries
Consumer Affairs Division 1A
Department of Trade and Industry
10-18 Victoria Street
London SW1H 0NN
Tel: 011-44-207-215-0332
Fax: 011-44-207-215-0315
- Packaging and Labeling Requirements
HM Board of Customs and Excise
Tel: 011-44-207-620-1313
Fax: 011-44-207-865-4944
- Customs and Rules/Regulations for the U.K.
HM Stationery Office Bookshop
49 Holborn
London WC1V 6HB
Tel: 011-44-207-873-0011
Tel: 011-44-1603-695767
(U.K. equivalent of the U.S. Government Printing Office)
U.S. Representative: Kraus-Thompson Publishers,
Tel: (914) 762-2200
Central Office of Information
Hercules Road
London SE1 7DU
Tel: 011-44-207-928-2345
Fax: 011-44-207-928-5037
Central Statistical Office
Great George Street
London SW1P 3AQ
Tel: 011-44-207-270-3000
Department of Employment
Caxton House
12 Tothill Street
London SW1H 9NA
Tel: 011-44-207-273-3000
- Work Permits, Consular Matters
Department of the Environment
2 Marsham Street
London SW1P 3EB
Tel: 011-44-207-276-0900 or 276-3000
- Environmental Regulations
Department of Health
Richmond House
79 Whitehall
London SW1
Tel: 011-44-207-210-4850
- Medicinal Licenses and Regulations
Patent and Trademark Office
Concept House
Cardiff Road
Newport NP9 1RH
Tel: 011-44-1645-500505
- U.K. Patents
Bank of England
Threadneedle Street
London EC2V 8DQ
Tel: 011-44-207-601-4444
- Central Bank
The House of Commons
Houses of Parliament
London SW1A 0AA
Tel: 011-44-207-219-3000-- U.K. Trade Associations/Chambers of Commerce
The U.K.'s trade associations and chambers of commerce are too numerous to list in a report of this nature. Some notable, multi-sectoral business associations are listed below:
American Chamber of Commerce in the U.K.
75 Brook Street
London W1Y 2EB, U.K.
Tel: 011-44-207-493-0381
Fax: 011-44-207-493-2394
Association of British Chambers of Commerce
9 Tufton Street
London SW1P 3QB
Tel: 011-44-207-565-2000
Fax: 011-44-207-565-2049
British American Chamber of Commerce
8 Staple Inn, Holborn
London WC1V 7QH
Tel: 011-44-207-404-6400
Fax: 011-44-207-404-6828
International Chamber of Commerce
14-15 Belgrave Square
London SW1X 8PS
Tel: 011-44-207-823-2811
Fax: 011-44-207-235-5447
British Standards Institution
389 Chiswick High Road
London W4 4AL
Tel: 011-44-208-996-9000
Fax: 011-44-208-996-7400.
Confederation of British Industry
Centre Point
103 New Oxford Street
London WC1A 1DU
Tel: 011-44-207-379-7400
Fax: 011-44-207-240-1578
-- U.S. Embassy Contacts
American Embassy
24/31 Grosvenor Square
London, WIA 1AE England
Tel: 011-44-207-499-9000
Fax: 011-44-207-491-4022
http://usem Appendix F: Market ResearchRecent market research reports produced by the US Embassy in London are available from U.S. Dept. of Commerce Export Assistance Centers, and the National Trade Data Bank. A listing of these report titles, for both Industry Sector Analyses (ISA) and International Market Insight (IMI) reports can be found at http://usembassy.org.U.K./U.K.fcs.html. Information on the U.K. Agricultural/Food Market can be obtained from the Office of Agricultural Affairs at the Embassy in London. Also available are Commodity and Marketing Reports for the U.K. covering Dairy, Horticultural & Tropical Products, Livestock, Poultry, Grains, Oilseeds, Tobacco and Wood Products.
Appendix G. Trade Event Schedule for FY 2000: Partial list of U.K. exhibitions and conferences, October 1999 -- September 2000.
Information on the key food and beverage trade shows scheduled in the U.K. is available from the Foreign Agricultural Service at the Embassy in London (see above for address).
Oct 1999
INTERPLAS NEC Birmingham Hospitality/Restaurant Shows Olympia, London IWEX (Water/Effluent) NEC Birmingham Manufacturing Week NEC Birmingham Nov 1999 AUTOTECH (Automotive) NEC Birmingham World Travel Market Earls Court, London TMA Metropole, Brighton Dec 1999 Railtex '99 Earls Court, London Jan 2000 London Int'l Boat Show Earls Court, London Autosport International NEC Birmingham Lighting 2000 NEC Birmingham Feb 2000 Hotelympia Earls Court, London Pure Womenswear/40 Degrees Earls Court, London International Food Exhibition Earls Court, London Smartcard 2000 Olympia, London Mar 2000 ELECTREX 2000 NEC Birmingham Foodex NEC Birmingham Direct Marketing Fair Wembley, London Apr 2000 MACH (Machine Tools) NEC Birmingham PETINDEX NEC Birmingham May 1999 INTERBUILD NEC Birmingham une 1999 IFE Food Fair Olympia, London July 2000 Int'l Aerospace Exhibition Farnborough, Hampshire Aug 2000 Premier Womenswear NEC Birmingham Sept 2000 Infrarail Wembley, London Railway
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[end of document] Note* International Copyright, United States Government, 1998 (or other year of first publication). All rights under foreign copyright laws are reserved. All portions of this publication are protected against any type or form of reproduction, communications to the public and the preparation of adaptations, arrangement and alterations outside the United States. U. S. copyright is not asserted under the U.S. Copyright Law, Title17, United States Code.
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