The performance of the Uk retail sector during the global financial crisis - Dissertation Example

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The performance of the Uk retail sector during the global financial crisis

In the result, the UK government (HM Treasury, pp. 23-25, 2009) has been putting huge amount of efforts to avoid slowing down of retail sector’s performance as it would have easily resulted in adverse impact on the GDP. One of the indicators of major participation of UK’s retail sector is its fourth ranking in the global trade market despite only having 1% of the global population (HM Treasury, pp. 59-63, 2010). This shows that UK’s retail sector does have potential and government is taking every possible step to take care of it by even going for a high budget deficit. To create an understanding of UK’s retail sector, British Petroleum is a well-known entity of the same sector that comes second in European continent and is so far the largest industrial corporation of the country. Besides BP, UK’s retail sector is proud of its mechanical engineering and manufactured goods that have been contributing majorly in the UK’s export market (Hiles, pp. 39-46, 2010). Furthermore, services such as banking, brokerage, etc are few other constituents of UK’s retail sector that have enabled the United Kingdom to fulfill 10% of the global needs. ...Show more

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Running Head: Research Proposal Research Proposal Research Proposal ? Background During the last decade, the world witnessed turmoil in global market in the form of financial crises that resulted in adverse impacts on almost every country of the world…
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The performance of the Uk retail sector during the global financial crisis essay example
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