Business Chief Europe Magazine October 2018 | Page 74

TOP 10
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United Kingdom

Reporting a GDP of $ 2.62trn in 2017 , the United Kingdom has firmly
established itself as the second biggest economy in Europe . It is also the sixth-largest economy in the world , with a population of around 66.6mn . The service sector is one of the UK ’ s leading industries , contributing to over 70 % of its GDP . Additionally , the UK has also gained a world-class reputation as a financial hub , with the sector generating £ 119bn for the UK economy last year . HSBC Holdings , the largest bank in the world , is located in the capital and the London Stock Exchange ( LSE ) has a market capitalisation of over $ 6trn , making it the third largest stock exchange in the world . The nation also has a very robust tourism sector , with London being the second-most visited city in the world . Click here for more info
OCTOBER 2018