Pestle of Uk

PESTLE ANALYSIS OF UK
Introduction
A pestle analysis used for to examine the market place and the political, economic and technological
environmental, legal that can impact on your organization performance and market position. Pestle
analysis is used for different organization. The simple start with SWOT analysis then for deeper study
and analysis use pestle. At pestle we can analysis we can identify the strength and weakness of market
and also discover the customer requirement and needs in which you can take positive decision for long
term business success.
 Aim assignment
At this assignment we will discuss that UK is suitable for business. We will discuss the political
economic and environmental study of UK that can impact on business.
Political Factor
In the world UK is the one of the power full country. She have four different country England, Wales ,
Scotland, and Northern Ireland. The Queen Elizabeth is the head of state and prime minister is the head
of government who selected for five years. At UK four Political party exist Scottish national party, labor,
libel democrats and conservative. It the Government control corruption and implement the government
policies. When the government do good things in all these factor it well be a successful government and
UK Is one of them. In UN UK is permanent seats. UK give influence on Global issue such as political,
economic, culture. The UK and US share a strong bond of similar culture and values that why both
have strong friendly relationships. The Brexit mean Exit of UK from Brexit movement can create
uncertainty in past years at 20 Jan 2020 UK leave EU. Many People believe it bring more opportunity and
employment.
Economic factor
The key factor is for Pestle analysis UK is the 6th largest economical GDP. She has developed economy.
London is the hub for financial center and stock exchange. Pandemic of covid 19 lockdown in 2020 and
2021 destroy many business and industries. That why bank of England provide extra 100 billion in to the
economy. UKs top Export are Cars, gas tribunes, gold and crude oil to different country lik Germany US
China Netherland and its main import are automobiles, gold, refined petroleum, broadcasting
equipment. Tourist and student come to the Country every year and change the economy significantly.
From shopping point of view UK is best destination for luxury shops. UK is the main destination for
investor a lot for business man and industry has invested in UK. Sports real estate and technology and
real estate industry has drawn from overseas.
Social Factor
To look at the population ok UK is the UK is the big consumer market. Current population is 68.70 million
at 2039 the British population increase to 74 million.
UK is the multicultural population that way companies and business have developed new variety of
thing to market to different races and religious. In literacy UK is in the top 10. But from living point of
view UK is expensive country. labour market at health care system is effected by old population. Its
proved more opportunity to organization to take care of those old population. Real estate, holiday,
insurance, health care and many other companies have already benefitted from this category of
population. There are some of the world leading university in UK University of Oxford and the University
of Cambridge. UK has accommodate and welcome to the international student but the living cost and
tuition fee is very high.
Technological effect
Technologically UK is the top Country in the world. Both financial and technical institute in London.
Business are offering new technology to their customer. Online service of their needs of personal and
professional requirements have more opportunity. Digital marketing and social media channel give more
opportunity to customer.
Environmental factor
The Environment is impacted by economic activity. But the Government made at step to control the
damages. The local Government, media, and many other have provide environmental awareness to the
people and decrease the negative consequences. Weather plays an important role in the economy of
UK. Millions of Tourist came to UK in summer that contribute in the economy ok UK.
Conclusion:
The comprehensive PESTLE analysis of United Kingdom show that the country has strong position due to
his strength and influence in international politics and trade.
One of the world rich country and strong economy. United Kingdom have the world best leading
universities. Due to covid 19 create problems the country fin way their way towards development and
unemployment rate and inflation rates. Most of the problem will solve if the government take positive
steps.

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PESTLE ANALYSIS OF UK

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