The European IT Industry: UK

1. IT Environment 1.1 Country Overview The U.K. economy has grown for eight concomitant years. Prospects for move harvest-tide are strong and real GDP fruit is anticipate to rise above 2 percent in 2001 despite the world-wide economic slowdown. All of the one hundred largest U.S. companies egest a penny established operations in the U.K. The U.K. attracts all over 20% of global inward investiture destined for Europe, and approximately 40% of enthronization projects from the Far East and the United States. The operate field, including banking, insurance and investment management accounts for al most(prenominal) 70% of the UKs GDP. Britains telecommunications sector is among the most all-embracing in Europe, providing opportunities for innovative assistants and service providers. Broadband is in the process of being rolled forth across the country. The British economy is market-driven, with independent regulatory bodies manage some sectors where the ecumenica l public is affected including the telecommunications sector. The recent go of the U.K. digital contact and data protection regulations are expect to accelerate the economic consumption of the Internet and e-commerce. The U.K. has no impregnable trade or investment barriers, or restrictions on the canalise of capital. The barriers that do exist are due to EU Directives and regulations. An EU common external tariff applies to all non-EU imports, and a local anesthetic valued-added tax of 17.5 percent applies to most transactions including imports.

Road and declaim transportation and distribution in the U.K. ca ll for capital investment for modernization ! and the government has planned significant capital jibe over the next few years. 1.2 UK education and Communications engine room (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 of the universe of discourse expected to go digital by... If you want to get a replete essay, order it on our website: BestEssayCheap.com

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