Somerset House Trust United Kingdom Tenders

Somerset House Trust United Kingdom tenders and business opportunities. Access latest Somerset House Trust bids, market research and procurement analysis. Global tenders publishes domestic and international tenders, projects and contract awards for Somerset House Trust and more than 5000 tendering authorities from UK.

The economy of the United Kingdom is a highly developed social market and market-oriented economy. It is the fifth-largest national economy in the world measured by nominal gross domestic product. The UK is one of the most globalised economies and comprises England, Scotland, Wales and Northern Ireland. In 2019, the UK was the fifth-largest exporter in the world and the fifth-largest importer. It also had the third-largest inward foreign direct investment and the fifth-largest outward foreign direct investment. In 2020, the UK's trade with the 27 member states of the European Union accounted for 49% of the country's exports and 52% of its imports. The service sector dominates, contributing 81% of GDP; the financial services industry is particularly important, and London is the second-largest financial centre in the world. Britain's aerospace industry is the second-largest national aerospace industry. Its pharmaceutical industry, the tenth-largest in the world. The currency of the UK is the pound sterling, which is the world's fourth-largest reserve currency after the United States dollar, the Euro and the Japanese yen.

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