research paper

Topics: United Kingdom, Bank of England, Northern Ireland Pages: 2 (640 words) Published: June 2, 2014
United Kingdom Golden Age
I believe that the United Kingdom is currently in its, “Golden Age,” with its recent Artistic and intellectual achievements. Achievements such as their movies making, in 2009, British films grossed around $2 billion worldwide and achieved a market share of around 7% globally and 17% in the United Kingdom. Some of Britain’s intellectual achievements such as in 2009 when, British doctors announced in November that they had helped perform the world's first transplant of an organ grown from stem cells, signaling a significant medical breakthrough. Also Britain has an excellent healthcare, in the United Kingdom is a devolved matter and each country has its own system of private and publicly funded health care, together with alternative, holistic and complementary treatments. Public healthcare is provided to all UK permanent residents and is free at the point of need, being paid for from general taxation. The World Health Organization, in 2000, ranked the provision of healthcare in the United Kingdom as fifteenth best in Europe and eighteenth in the world. The UK has an excellent economy to go with its excellent health care; The UK has a partially regulated market economy. Based on market exchange rates the UK is today the sixth-largest economy in the world and the third-largest in Europe after Germany and France, having fallen behind France for the first time in over a decade in 2008. HM Treasury, led by the Chancellor of the Exchequer, is responsible for developing and executing the British government's public finance policy and economic policy. The Bank of England is the UK's central bank and is responsible for issuing notes and coins in the nation's currency, the pound sterling. Banks in Scotland and Northern Ireland retain the right to issue their own notes, subject to retaining enough Bank of England notes in reserve to cover their issue. Pound sterling is the world's third-largest reserve currency (after the U.S. Dollar and the...
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