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United Kingdom Real Estate

We offer United Kingdom real estate investment information for London, Dover, Portsmouth, Southampton, Falmouth, Plymouth, Bristol, Cardiff, Felixstowe, Kingston Hull, Middlesbrough, Edinburgh, Dundee, Aberdeen, Peterhead and Belfast. Scroll down for more information about the United Kingdom.

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About The United Kingdom

United Kingdom Population: 60,270,708 (July 2004 est.)
Languages: English, Welsh (about 26% of the population of Wales), Scottish form of Gaelic (about 60,000 in Scotland).
Capital: London
Government Type: Constitutional Monarchy.
Independence Day: England has existed as a unified entity since the 10th century; the United Kingdom of Great Britain and Northern Ireland, was adopted in 1927.
Legal System: Common law tradition with early Roman and modern continental influences; has judicial review of Acts of Parliament under the Human Rights Act of 1998; accepts compulsory ICJ jurisdiction, with reservations.
Currency: British pound (GBP)

Executive Branch:

Chief of State: Queen ELIZABETH II (since 6 February 1952); Heir Apparent Prince CHARLES (son of the queen, born 14 November 1948).

Head of Government: Queen ELIZABETH II (since 6 February 1952); Heir Apparent Prince CHARLES (son of the queen, born 14 November 1948).

American Embassy: 24/31 Grosvenor Square, London, W1A 1AE
Mailing Address: PSC 801, Box 40, FPO AE 09498-4040
Telephone: [44] (0) 20 7499-9000 FAX: [44] (0) 20 7629-9124

General Overview: Great Britain, the dominant industrial and maritime power of the 19th century, played a leading role in developing parliamentary democracy and in advancing literature and science. At its zenith, the British Empire stretched over one-fourth of the earth's surface. The first half of the 20th century saw the UK's strength seriously depleted in two World Wars. The second half witnessed the dismantling of the Empire and the UK rebuilding itself into a modern and prosperous European nation. As one of five permanent members of the UN Security Council, a founding member of NATO, and of the Commonwealth, the UK pursues a global approach to foreign policy; it currently is weighing the degree of its integration with continental Europe. A member of the EU, it chose to remain outside the European Monetary Union for the time being. Constitutional reform is also a significant issue in the UK. The Scottish Parliament, the National Assembly for Wales, and the Northern Ireland Assembly were established in 1999, but the latter is suspended due to bickering over the peace process.

Economic Overview: The UK, a leading trading power and financial center, is one of the quartet of trillion dollar economies of Western Europe. Over the past two decades the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with only 1% of the labor force. The UK has large coal, natural gas, and oil reserves; primary energy production accounts for 10% of GDP, one of the highest shares of any industrial nation. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. GDP growth slipped in 2001-03 as the global downturn, the high value of the pound, and the bursting of the "new economy" bubble hurt manufacturing and exports. Still, the economy is one of the strongest in Europe; inflation, interest rates, and unemployment remain low. The relatively good economic performance has complicated the BLAIR government's efforts to make a case for Britain to join the European Economic and Monetary Union (EMU). Critics point out, however, that the economy is doing well outside of EMU, and they point to public opinion polls that continue to show a majority of Britons opposed to the euro. Meantime, the government has been speeding up the improvement of education, transport, and health services, at a cost in higher taxes. The war in March-April 2003 between a US-led coalition and Iraq, together with the subsequent problems of restoring the economy and the polity, involve a heavy commitment of British military forces.

International Disputes: Since Gibraltar residents voted overwhelmingly by referendum in 2003 against a "total shared sovereignty" arrangement, talks between the UK and Spain over the fate of the 300-year old UK colony have stalled; Spain disapproves of UK plans to grant Gibraltar greater autonomy; Mauritius and Seychelles claim the Chagos Archipelago (British Indian Ocean Territory), and its former inhabitants since their eviction in 1965; most reside chiefly in Mauritius, and in 2001 were granted UK citizenship and the right to repatriation; UK continues to reject sovereignty talks requested by Argentina, which still claims the Falkland Islands (Islas Malvinas) and South Georgia and the South Sandwich Islands; Rockall continental shelf dispute involving Denmark and Iceland remains dormant; territorial claim in Antarctica (British Antarctic Territory) overlaps Argentine claim and partially overlaps Chilean claim; disputes with Iceland, Denmark, and Ireland over the Faroe Islands continental shelf boundary outside 200 nm.

United Kingdom Map

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