United Kingdom Tenders and Bids

Get access to latest United Kingdom tender Information and bids. Find business opportunities and business intelligence from public and private procurement in United Kingdom. Find United Kingdom upcoming public procurement opportunities. Find international bid invitations and information about tenders, bids, procurement, RFPs, RFQs, ICBs and detailed analysis across all sectors from United Kingdom.

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, tenth-largest by purchasing power parity, and twenty first-highest by GDP per capita, constituting 3.3% of world GDP. 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. Edinburgh was ranked 21st in the world, and 6th in Europe for its financial services industry in 2021. Britain's aerospace industry is the second-largest national aerospace industry. Its pharmaceutical industry, the tenth-largest in the world, plays an important role in the economy. Of the world's 500 largest companies, 26 are headquartered in the UK. The economy is boosted by North Sea oil and gas production; its reserves were estimated at 2.8 billion barrels in 2016, although it has been a net importer of oil since 2005.

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