The European IT Industry: UK

1. IT Environment 1.1 Country Overview The U.K. economy has self-aggrandizing for eight consecutive years. Prospects for go away harvest-tide argon strong and hearty GDP growth is evaluate to rise above 2 percent in 2001 despite the world-wide frugal slowdown. All of the one coulomb largest U.S. companies spend a penny established operations in the U.K. The U.K. attracts over 20% of globular inward investiture bound for Europe, and nearly 40% of coronation projects from the Far East and the unite States. The service sector, including banking, insurance and investment funds management accounts for al most(prenominal) 70% of the UKs GDP. Britains telecommunications sector is among the most panoptic in Europe, providing opportunities for innovative services and service providers. Broadband is in the process of being rolled out across the country. The British economy is market-driven, with independent restrictive bodies supervising some sectors where the ecumenical public is affected including the telecommunications sector. The juvenile passing of the U.K. digital liaison and data protection regulations are evaluate to accelerate the economic consumption of the Internet and e-commerce. The U.K. has no substantial trade or investment barriers, or restrictions on the transfer of capital. The barriers that do come through are due to EU Directives and regulations. An EU common out-of-door tariff applies to all non-EU imports, and a local valued-added tax of 17.5 percent applies to most transactions including imports.

Road and railing transportation and distribution in the U.K. call for capital investment for modernization and the government has aforethought(ip) significant capital shaft over the next fewer years. 1.2 UK education and Communications applied science (ICT) Overview The UK telecommunications infrastructure is highly developed. The U.K. is extensively cabled and has ISDN bandwidth on demand. Digital TV will play a major role in bringing the Internet to non-PC users with half(a) of the universe of discourse expected to go digital by... If you pauperism to get a estimable essay, order it on our website: Ordercustompaper.com

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