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The economic growth of China impacts the UK in various different ways. Positive factors would include the cheap labour that UK businesses can exploit to achieve a minimal amount of costs on production, and a mass of products made, due to China's massive population. Negative factors could be that UK workers lose out on jobs because businesses are not interested in producing in the UK, and that our country loses revenue that could be put into our country if everything was produced and sold in the UK.
What else can I help you with?
What field of UK economy observes the growth of employment in recent years?
finance
What impact does UK and Europe's economy with the continuous weakness of the dollar?
The uk and europe will have an effect with immigration which could lead to problems with the united states economy and possible with the us mint.
What has the author Francis Chittenden written?
Francis Chittenden has written: 'The impact of UK Vat registration threshold on the small business economy' 'Taxing technology based small firms' 'Role of the accountancy profession in the growth and development of small businesses'
What is the impact of China's growth on UK manufacturing industry?
dile que bailando te conoci , cuentale!
Is the UK economy a mix of private and public organisations?
uk is mix economy.
How many Chinese restaurants are there in the UK.?
In the UK, there are around 15,000 Chinese restaurants and takeaways.
What economy does UK have?
A Free Market Economy.
How much money does the industry make in the UK economy?
The UK economy is supported by a diverse range of industries, with significant contributions from sectors like finance, manufacturing, and services. As of recent estimates, the services sector alone accounts for about 80% of the UK’s GDP, with the financial services industry contributing approximately £132 billion annually. Overall, the total contribution of various industries to the UK economy can be measured in the trillions of pounds, impacting employment and economic growth across the country.
How has the economy affected the construction industry?
a recent report has stated that for every pound invested in to the construction industry there is a significant increase in UK economy GDP, below is a snippet from that report.----------------------------------------------------------------------------------------------------------L.E.K. Consulting completes first economic impact study for the construction sectorLondon, 28th October 2009 - A report published today reveals that spending on construction offers significant benefits to the UK economy. According to the report, Construction in the UK Economy: The Benefits of Investment, every £1 spent on construction leads to GDP growth of £2.84.Produced by L.E.K. Consulting, a leading international strategy consultancy, and commissioned by the UK Contractors Group in partnership with the CBI, the report shows that construction investment provides both short- and long-term benefits - an example shows that the total return to the UK economy of new educational buildings can be calculated at between £3.87 and £5.04 for each £1 invested.-----------------------------------------------------------------------------------------------------------i hope this helps Scott o'connell
What effect does catering have on the UK economy?
Catering significantly contributes to the UK economy by generating employment, supporting local suppliers, and boosting tourism. The sector enhances consumer spending in restaurants, events, and hospitality services, stimulating economic growth. Additionally, it plays a vital role in the food and beverage industry, which is a substantial part of the UK's economy. Overall, catering fosters community engagement and local business development, making it an integral component of the economic landscape.
What is the UK population and growth rate?
the UK's population is 62,698,362 million and the growth rate is 0.557%
Is the UK market economy?
yes
