United Kingdom Travel Guide

Statistics

• GDP: US$2.2 trillion (2009).
• Main exports: Service sector (73% of GDP), manufactured goods, food, beverages and tobacco.
• Main imports: Manufactured goods, machinery and fuels, and food.
• Main trade partners: USA, Germany, France, Ireland and Netherlands.

Economy

The UK is a member of the G8 group of the world's leading industrial nations.

Engineering (especially of military products), chemicals, electronics, construction and textiles are the main components of the industrial sector. Among service industries, tourism, media, retail, financial services, telecommunications and computer services are the most important and have undergone rapid growth, while heavy industries have suffered relative decline.

The recont global financial crisis hit Britain badly, and suffered more than many other G8 countries, being the last to emerge from recession. Several UK banks had to be propped up by hundreds and millions of pounds of government money, creating an unprecedented deficit. The future is still highly uncertain, with the effects of the recession likely to continue for several years to come. Unemployment in 2006 stood at 2.8%, by the forth quarter of 2009 it was 7.8%.

The UK's external economic relations are now dominated by the EU (which accounts for 70% of all UK trade), and the overriding issue facing the government is the extent to which they are willing to integrate into the European economy.

The argument is abounds over whether Britain should adopt the Euro. Many political and business leaders favor membership, but there is huge opposition in the country at large. The conclusion of the debate may be decisive to Britain's economic future.

Business Etiquette

Businesspeople are generally expected to dress smartly (suits are the norm). Appointments should be made and the exchange of business cards is customary. A knowledge of English is essential.

Office hours: Mon-Fri 0900-1700/1800.

Business Contacts

The British Chambers of Commerce
65 Petty France, St James's Park, London SW1H 9EU, UK
Tel: (020) 7654 5800.
Website: www.chamberonline.co.uk

Eventia
5th Floor, Galbraith House, 141 Great Charles Street, Birmingham B3 3HT, UK
Tel: (0121) 212 1400.
Website: www.eventia.org.uk

VisitBritain has an online venue search facility (www.visitbritain.com/business).

Conferences & Conventions

The UK conference scene is well organized with several publications comprehensively listing every possible kind of venue (including dedicated centers, hotels, universities, football grounds, race courses, manor houses, castles and theaters). Birmingham and London have an international reputation; there are several excellent conference venues.

There are other towns with facilities of near comparable size. Bristol, Glasgow, Manchester and Newcastle are among the cities offering a variety of venues, while smaller towns such as Chester, Inverness, Llandudno, Salisbury and York offer uniquely attractive environments. The large political parties of the UK traditionally hold their conferences in seaside towns during the winter; locations include Blackpool (the famous Winter Gardens), Bournemouth and Brighton.

Those looking for convention venues will find the maximum seating capacity (19,000 persons) in London; however, if organizers wished to book Wembley Stadium they could probably do it, so, effectively, there is no upper limit. All parts of the UK are easily accessible by rail and air from London. The Eventia British Conference Destinations Directory gives brief regional details and is published by Eventia.