Diplomatic representation from the US: chief of mission: Ambassador
Philip LADER

embassy: 24/31 Grosvenor Square, London, W1A1AE

mailing address: PSC 801, Box 40, FPO AE 09498-4040

telephone: [44] (0) 207499-9000 (switchboard)

FAX: [44] (171) 409-1637

consulate(s) general: Belfast, Edinburgh

Flag description: blue with the red cross of Saint George (patron saint of England) edged in white superimposed on the diagonal red cross of Saint Patrick (patron saint of Ireland) and which is superimposed on the diagonal white cross of Saint Andrew (patron saint of Scotland); known as the Union Flag or Union Jack; the design and colors (especially the Blue Ensign) have been the basis for a number of other flags including other Commonwealth countries and their constituent states or provinces, as well as British overseas territories

United Kingdom Economy

Economy - overview: The UK, a leading trading power and financial center, deploys an essentially capitalistic economy, 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. The economy has grown steadily, at just above or below 3%, for the last several years. The BLAIR government has put off the question of participation in the euro system until after the next election, in June of 2001; Chancellor of the Exchequer BROWN has identified some key economic tests to determine whether the UK should join the common currency system, but it will largely be a political decision. A serious short-term problem is foot-and-mouth disease, which by early 2001 had broken out in nearly 600 farms and slaughterhouses and had resulted in the killing of 400,000 animals.

GDP: purchasing power parity - $1.36 trillion (2000 est.)