Britain Culturally Enriched

FOR THE ULTIMATE EXPERIENCE USE HEADPHONES! The video soundtrack is in 3D Binaural Audio (24-bit 96 kHz) Don’t forget to Like&Subscribe if you enjoyed the video. London, Green Street, Newham UK London is significantly more diverse than England as a whole. 46% of Londoners are Black and Minority Ethnic, compared to 14% of England as a whole. West London has the highest proportion (53%) of its population that is Black and Minority Ethnic, followed by East London (50%). The economy of the United Kingdom is a highly developed social market economy. It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), Tenth-largest by purchasing power parity (PPP), and twenty-first by nominal GDP per capita, constituting 3.1% of nominal world GDP. In the financial year ending (FYE) 2022, the median household income in the UK before taxes and benefits was £35,000, increasing to £38,100 after taxes and benefits. The richest fifth had a mean household income before taxes and benefits of £117,500, over 14 times larger than the poorest fifth (£8,200). London is a hub for trading currencies and interest rate derivatives. Its location allows traders to catch the end of the Asian day and the opening on Wall Street. The good fortune of geography is underpinned by high-quality tech infrastructure. As a result, London accounts for 43 per cent of the turnover in the $ foreign exchange market and half of the daily $ traded in interest rate derivatives. Brexit has not dented the UK capital’s dominance in these markets.