The United Kingdom has a highly developed social market economy. In 2026, the United Kingdom is the fifth-largest national economy in the world measured by nominal gross domestic product, tenth-larges
London's central business district, concentrated in the City of London (pictured right) and Canary Wharf, is one of the main global financial centres.
The Bank of England, London, is the central bank of the United Kingdom.
Wheat harvesting in Devon, England
Fishing boats in Fife, Scotland
Tertiary sector
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In economics, the tertiary sector is the economic sector which comprises the provision of services as opposed to the manufacture of finished goods. Services include attention, advice, access, experien
Economy of the United Kingdom
…and 48% of its total imports. The United Kingdom has a highly efficient and strong social security system, which comprises roughly 24.5% of GDP. The service sector dominates, contributing 82% of GDP; the financial services industry is particularly important, and London is the second-largest financial centre in the…
The product lifecycle
Testing telephone lines in London in 1945