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Gross domestic product (GDP) in England 1270 to 2016 [1]. The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century.
England is a nation within the United Kingdom, which is a member of the Commonwealth of Nations, the G7, the G8, the G20, the CPTPP, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the World Bank, the World Trade Organization, Asian Infrastructure Investment Bank and the United Nations.
The subsequent economic recovery was extremely strong, and unlike after the early 1980s recession, the recovery saw a rapid and substantial fall in unemployment, which was down to 7.2% by 1997, [73] although the popularity of the Conservative government had failed to improve with the economic upturn. The government won a fourth successive ...
The annual United Kingdom National Accounts (The Blue Book) records and describes economic activity in the United Kingdom and as such is used by government, banks, academics and industries to formulate the economic and social policies and monitor the economic progress of the United Kingdom. It also allows international comparisons to be made.
The abolition of regional development agencies and the creation of local enterprise partnerships were announced as part of the June 2010 United Kingdom budget. [2] On 29 June 2010, a letter was sent from the Department for Communities and Local Government and the Department for Business, Innovation and Skills to local authority and business leaders, inviting proposals to replace regional ...
The National Economic Development Council (NEDC) was an economic planning forum set up in 1962 in the United Kingdom to bring together management, trades unions and government – a form of tripartism – in an attempt to address Britain's relative economic decline. It was supported by the National Economic Development Office (NEDO).
The Lyons Inquiry was an independent inquiry into the form, function and funding of local government in England. Appointed jointly by the Chancellor of the Exchequer (Gordon Brown) and the Deputy Prime Minister (John Prescott) in the summer of 2004, Sir Michael Lyons produced several reports over the next 3 years, culminating in a final report on the future of local government published ...
The comparative failure of this scheme (which did not produce the estimated yield of £4.5 million) prepared the way for the most important development of all—the introduction of income tax in 1798. Though a development of the triple assessment, income tax was also connected with the permanent settlement of land tax as a redeemable charge.