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As of 2022, the UK aerospace industry was the second largest in the world behind that of the United States, [15] with a turnover of over $34.5 billion. Major players in the UK defence and aerospace market include BAE Systems, Airbus, Rolls-Royce, Babcock International, GKN Aerospace, Leonardo, Safran, General Electric, MBDA and Thales.
The UK recorded weaker growth than many other European nations in the 1970s; even after the recession, the economy was blighted by rising unemployment and double-digit inflation, which exceeded 20% more than once and was rarely below 10% after 1973. In 1976, the UK was forced to apply for a loan of £2.3 billion from the International Monetary ...
1939-45 During World War II, much of British industry was subjected to close regulation or control, although not nationalised as such. 1943 North of Scotland Hydro-Electricity Board; 1945-51 The Labour Party comes to power in the Attlee ministry with a program for nationalising weak sectors of the economy. [72] [73] [74]
Moreover, the top six (United States, China, Japan, France, Germany, and the United Kingdom) are some of the world's largest economies as estimated by the IMF (List of countries by GDP (nominal)). Among the Fortune Global 500, 371 companies (74.2%) are from these six countries.
The following is a list of the world's largest manufacturing companies, ordered by revenue in millions of U.S. dollars according to the Fortune Global 500. Currently the 50 biggest companies by revenue are included.
The automotive industry can be traced back to the 1890s (growing after World War I), by which time industries such as shipbuilding, textiles and steel were already established. In the inter-War years modern industries emerged, with aerospace forming clusters around London, Bristol and in Hertfordshire. The Hertfordshire cluster no longer exists.
5th best sports city in the world (2012) after London, Melbourne, Sydney and New York City according to a SportBusiness Group Ultimate Sports Cities report. The report noted that New York and Manchester enjoy the benefits of worldwide sports club brands and their social legacy, especially in the case of Manchester.
By the end of 2013, the film industry reportedly hit a record-breaking revenue of ₦1.72 trillion (US$4.1 billion). As of 2014, the industry was worth ₦853.9 billion (US$5.1 billion), making it the third most valuable film industry in the world behind the United States and India. [152]