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The transport and storage industry added a gross value of £59.2 billion to the UK economy in 2011 and the telecommunication industry added a gross value of £25.1 billion in the same year. [ 149 ] The UK has a total road network of 246,700 miles (397,025 km) with 31,400 miles (50,533 km) of major roads, including 2,300 miles (3,701 km) of ...
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
The pharmaceutical industry employs around 67,000 people in the UK and in 2007 contributed £8.4 billion to the UK's GDP and invested a total of £3.9 billion in research and development. [ 113 ] [ 114 ] In 2007 exports of pharmaceutical products from the UK totalled £14.6 billion, creating a trade surplus in pharmaceutical products of £4.3 ...
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.
In 2017, the UK was the eleventh-largest goods exporter in the world [6] and the eighth-largest goods importer. [7] It also had the second-largest inward foreign direct investment, [8] and the third-largest outward foreign direct investment. [9] The UK left the European Union in 2019, but it remains the UK's largest trading partner.
The UK is a major centre for engine manufacturing: in 2022 around 1.5 million engines were produced. [287] It is also the world's fourth-largest exporter of engines, as of 2021. [290] The UK motorsport industry employs more than 40,000 people, comprises around 4,300 companies and has an annual turnover of around £10 billion.
The major primary fossil fuel industry in the UK is North Sea oil. Its activity is concentrated on the east coast in Scotland and Northern England . The waters in the North Sea off the east coast of Scotland contain nearly half of the UK's remaining oil reserves , and a quarter of reserves are located in the North Sea near the Shetland Islands.
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