United Kingdom

GENERAL INFORMATION:

  • Capital: London
  • Official Language: English
  • Regional Languages: Scots, Ulster Scots, Welsh, Cornish, Scottish Gaelic, Irish
  • Religion: 59.5% Christianity, 25.7% No Religion, 4.4% Islam
  • Government: Unitary parliamentary constitutional monarchy
  • The UK is comprised of the Island of Great Britain, the Northeastern part of Ireland, and many small islands in the British Isles.
  • People often use ‘Great Britain’ as a synonym for the United Kingdom.
  • London has the most international visitors of any city in the world. 


GOVERNANCE:


ECONOMY:

  • The UK has the fifth largest economy in the world, based on market exchange rates.
  • London is the second largest financial center in the world, after New York City - according to the Global Financial Centres Index of 2020. 
  • 79% of the country's GDP comes from the service sector. 
  • Following the United Kingdom's withdrawal from the European Union, the functioning of the UK internal economic market is enshrined by the United Kingdom Internal Market Act 2020 which ensures trade in goods and services continues without internal barriers across the four countries of the United Kingdom.


DOING BUSINESS:

  • When meeting with a colleague - especially for the first time - make sure to use formal greetings. 
  • British people are known for having a dry sense of humor, so while interactions may seem formal at first, they’ll likely clue you in to their personality with a smart and funny quip. 
  • Always be on time for meetings, if not (at least) five minutes early! End promptly as well. Respect for others’ schedules is important.
  • Keep your meeting on topic! The British people often like to get to the point quickly, especially in matters of business.
  • It’s always better to be overdressed rather than underdressed when doing business in the UK.
  • It’s quite customary for colleagues to want to socialize after work, if you’re working in person. It will definitely be well received if you buy a round of pints for your work mates.



Source: https://en.wikipedia.org/wiki/United_Kingdom 

Source: https://www.sableinternational.com/blog/the-dos-and-don-ts-of-uk-business-etiquette

November 30, 2021