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London Country Report

3450 words - 14 pages

London Country Report

Table of Contents

I. London Country Profile……………………………………..pgs 3 to 10
II. Economic Profile of Rome Q2- 2008………………………pgs 10 to 12
A. Commercial Lease Standards…………………………..pg 12
B. Real Estate Taxation………………………………….....pg 12 and 13
III. Real estate Ownership Laws and Contract Agreements…pgs 13 to 16
IV. Tax Obligations Arising from Real Estate Ownership…...pgs 16 to 18
V. The Real Estate Sales Process……………………………...pgs 19 to 22
VI. Due Diligence Process and Documentation………………..pgs 22 to 24
VII. London Capital Markets Q1 - 2008………………………...pgs 25 to 31
C. Residential Lending and ...view middle of the document...

The House of Commons has 651 elected and paid Members of Parliament

Major Political Parties: http://about-britain.com/institutions/political-parties.htm
Right wing or Conservative Parties
* The conservative party
* British National Party
* British National Party
Parties of the Centre
* The Liberal Democrat party
* The Green Party
Parties of the Left
* The Labour Party
* The Communist Party of Great Britain
Government: England is a Constitutional Monarchy.
Head of State: British Monarchy- In a monarchy a king and a queen is the head of state. This is the oldest form of government in the United Kingdom. The monarchy is known as a constitutional monarchy, this means that while the king and queen are head of the state the ability to make and pass legislation lands on parliament. Now neither the queen nor king has a political or executive role it is still part of the culture of the nation
Source: http://www.royal.gov.uk/monarchuk/howthemonarchyworks/howthemonarchyworks.aspx
Prime Minister:  David Cameron became Prime Minister in May 2010, leading a Conservative and Liberal Democrat coalition government. He has been the Conservative MP for Witney in West Oxfordshire since 2001. The prime minister is responsible for policies and decisions of the government. In addition it oversees the operation of the Civil service and the government agencies, it also appoint the members of the government and the principal government figure in the House of Commons.
Source https://www.gov.uk/government/ministers/prime-minister
Membership of main international groups/organisations: Britain is one of the founding members of the United Nations (UN) and it occupies one of the five permanent seats of the UN Security Council. They also play an important role in the European Union (EU). In addition Britain defence policy rest on membership of the North Atlantic Treaty organization (NATO) along with 15 other members including the US. They are also members of the Western European Union, which they help consult and cooperate on defence issues concerning European NATO members. And lastly they also belong to the organization for security and Co-operation in Europe (OSCE). Additionally he also belong to international groups just like the International Monetary Fund (IMF) and the Organization for Economic Co-operation and Development (OECD).
Source: http://www.countriesquest.com/europe/united_kingdom/government/united_kingdom_membership_in_international_organizations.htm
ECONOMY
Basic Economic Facts
GDP: $565 in Billion
Annual Growth: 3.8% for 2014

Actual | Previous | Highest | Lowest | Unit | Frequency |
3.00 | 3.20 | 9.80 | -5.80 | Percent | Quarterly |
From 1993 to 2007 the United Kingdom has reported an average annual rate of growth of 3.3 percent. Yet, since the recession in 2008 and 2009 the growth has been sluggish and in the last three years averaged meager 0.9 percent. This page provides - United Kingdom...

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