Pestle analysis for United Kingdom

Description
Pestle analysis for United Kingdom
Political – The UK is a monarchy that runs deep with the influence of parliamentary
system. It is a stable country with a lot of opportunities within the country. It is a fair country
with the public having large influence in inner workers. The politically stable government in
proactive making it even a more stable environment to operate a business.
Economic – It has a strong economy relative to other countries. The country has a high
GDP, the 5 th highest in the world and second in Europe and Germany. It also has a diverse
economy with a large population of small markets making a business profitable. It also has a
large economy diverse such that is has large public and private sector which operate in a free
market
Social Factors – The UK has an all-round system when it comes to social matters. It has a
lot of public services like health and education. It is also densely populated with a population of
more than 64.1 million residents which results to large and cheap work forces population for the
employers (McBrewster, 2011).
Technological Factors – The UK is part of a MEDC (More Economically Developed
Country) which means it has good access to technology. Other factors include quality innovation
skills, effective laws the guard intellectual property and plenty of internal competition that
stimulate growth.
Legal Factors – The country has strong policies that encourage trade that are applied
throughout Europe, for example, laws on emission from public transport. Legal factors that affect
trade and business are usually tied to the political factors in order to anticipate of future changes,

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