British economics

British economics refers to how the UK manages its resources, money, and trade to support growth and stability. It involves government policies, markets, and institutions that influence employment, inflation, and public services. The UK is a developed economy with key sectors like finance, manufacturing, and services. It participates in international trade and has financial centers like London. Economic health is measured by indicators like GDP (total economic output), inflation rates, and employment levels. Policies aim to balance growth with social well-being, navigating challenges like global competition, technological change, and fiscal sustainability.