Do You Know The Value Of UK Plc?
23 07 2007The Office for National Statistics have today released their annual balance sheet for UK Plc, which gives a snap shot of the value of all UK assets as at the end of 2006. The report takes into account all aspects, including property, shares, loans and any other assets. How much do you think UK Plc is worth?
You may be surprised to find that the country is actually “worth” £6.5 trillion, which equates to an average of £108,000 for every man, woman and child in the UK. When you consider how many of the UK population are living on the breadline, it perhaps gives an indication of just how many people / companies in the UK have been ultra successful when it comes to improving their wealth.
It will come as no surprise to see that the majority of the value of UK Plc is held within the property market, which was valued at some £3.9 trillion. This is an area which has grown further since the start of 2007, although how it will perform overall in 2007 remains to be seen.
These figures further consolidate the UK as one of the leading lights of the developed world, a country which for many years has “punched above its weight”, further strengthening the reputation of the UK on the world stage. However, it will be interesting to see how the situation develops over the next few years with many expecting the UK property market to slow down. Will another sector appear to lead UK Plc forward?












