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Economy in Britain
The UK is the fourth largest economy in the world, with a gross domestic product (GDP) of US $1.93 trillion. It has the second largest economy in Europe (after Germany). The capital, London, is one of the two largest financial centres in the world, along with New York City. The UK economy is one of the strongest in Europe; inflation, interest rates, and unemployment remain low. Economic Growth Economic growth in the UK was 1.8 per cent in 2005 (Source: ONS, 2006) and grew by 2.7% in 2006. Gross Domestic Product (GDP) growth is expected to remain steady in 2007 with a forecast growth figure of 2.9%. (Gross Domestic Product (GDP) is the market value of all final goods and services produced and purchased within a country during a given time period.) GDP: US $1.93 trillion (2006 est.) (purchasing power parity) GDP - real growth rate: 2.8% (2006 est) GDP - per capita: $31,800 (2006 est.) (purchasing power parity) GDP - composition by sector: agriculture: 1% industry: 25.6% services: 73.4% (2006 est.) source: www.cia.gov (July 2007) Currency One Pound Sterling (£) = 100 pence (p) Exchange Rates Click here for information Interest Rates Interest rates influence spending and saving in the economy and the prices we pay for goods and services. The current Base Rate is 5.75% (August 2007) Trade Goods manufactured and imported Industries in Britain Click to find out about the industries in Britain Other pages on the same theme See Britain at work Industries in each area of England

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Mandy is the creator of the Woodlands Resources section of the Woodlands Junior website. 
The two websites projectbritain.com and primaryhomeworkhelp.co.uk are the new homes for the Woodlands Resources.

Mandy left Woodlands in 2003 to work in Kent schools as an ICT Consultant.
She now teaches computers at The Granville School and St. John's Primary School in Sevenoaks Kent.

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