Economy Of Glasgow
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Economy Of Glasgow
The city of Glasgow in the central belt of Scotland, encompasses the largest Municipality, municipal and regional economy in Scotland. It is recognised as the largest contributor to the Economy of Scotland, Scottish economy, and is the largest integrated economic region in Scotland and produces around a third of Scotland's output, business base, research power and employment. By Gross Domestic Product (GDP) figures, Glasgow City is the second highest amongst Scottish areas, behind, Edinburgh, and ahead of Aberdeen and Aberdeenshire. In 2021, Glasgow's GDP was estimated at just under 25.8 billion pounds, with an estimated £48billion in Gross Value Added (GVA) in 2021. Together with the countries capital city, Edinburgh and is associated Economy of Edinburgh, economy, the central belt of Scotland is one of the 20 largest urban regions in Europe. Based on Gross Value Added (GVA) and GVA per head figures in 2015, Glasgow's economy was the fifth largest amongst the cities of the List of ...
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Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ...
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BAE Systems Maritime - Naval Ships
BAE Systems plc is a British multinational aerospace, military and information security company, based in London. It is the largest manufacturer in Britain as of 2017. It is the largest defence contractor in Europe and the seventh largest in the world based on applicable 2021 revenues. Its largest operations are in the United Kingdom and in the United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Its next biggest markets are Saudi Arabia, then Australia; other major markets include Canada, Japan, India, Turkey, Qatar, Oman and Sweden. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger of Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), with British Aerospace, an aircraft, munitions and naval systems manufacturer. BAE Systems is the successor to various aircraft, shipbuilding, arm ...
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Software Development
Software development is the process of designing and Implementation, implementing a software solution to Computer user satisfaction, satisfy a User (computing), user. The process is more encompassing than Computer programming, programming, writing source code, code, in that it includes conceiving the goal, evaluating feasibility, analyzing software requirements, requirements, software design, design, software testing, testing and software release life cycle, release. The process is part of software engineering which also includes management, organizational management, Software project management, project management, configuration management and other aspects. Software development involves many skills and job specializations including software programmer, programming, software test, testing, Technical writing, documentation, graphic design, user support, marketing, and fundraising. Software development involves many software tools, tools including: compiler, integrated develo ...
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Optoelectronics
Optoelectronics (or optronics) is the study and application of electronic devices and systems that find, detect and control light, usually considered a sub-field of photonics. In this context, ''light'' often includes invisible forms of radiation such as gamma rays, X-rays, ultraviolet and infrared, in addition to visible light. Optoelectronic devices are electrical-to-optical or optical-to-electrical transducers, or instruments that use such devices in their operation. '' Electro-optics'' is often erroneously used as a synonym, but is a wider branch of physics that concerns all interactions between light and electric fields, regardless of whether they form part of an electronic device. Optoelectronics is based on the quantum mechanical effects of light on electronic materials, especially semiconductors, sometimes in the presence of electric fields. * Photoelectric or photovoltaic effect, used in: ** photodiodes (including solar cells) ** phototransistors ** photomult ...
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Trades Union Congress
The Trades Union Congress (TUC) is a national trade union center, national trade union centre, a federation of trade unions that collectively represent most unionised workers in England and Wales. There are 48 affiliated unions with a total of about 5.5 million members. Paul Nowak (trade unionist), Paul Nowak is the TUC's current General Secretary, serving from January 2023. Organisation The TUC's decision-making body is the Annual Congress, which takes place in September. Between congresses decisions are made by the General Council of the Trades Union Congress, General Council, which meets every two months. An Executive Committee is elected by the Council from its members. Affiliated unions can send delegates to Congress with the number of delegates they can send proportionate to their size. Each year Congress elects a President of the Trades Union Congress, who carries out the office for the remainder of the year and then presides over the following year's conference. The ...
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Call Centre
A call centre ( Commonwealth spelling) or call center ( American spelling; see spelling differences) is a managed capability that can be centralised or remote that is used for receiving or transmitting a large volume of enquiries by telephone. An inbound call centre is operated by a company to administer incoming product or service support or information inquiries from consumers. Outbound call centres are usually operated for sales purposes such as telemarketing, for solicitation of charitable or political donations, debt collection, market research, emergency notifications, and urgent/critical needs blood banks. A contact centre is a further extension of call centres telephony based capabilities, administers centralised handling of individual communications, including letters, faxes, live support software, social media, instant message, and email. A call center was previously seen as an open workspace for call center agents, with workstations that included a compute ...
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Blue Chip (stock Market)
A blue chip is capital stock of a Corporation, stock corporation with a national reputation for quality, reliability, and the ability to operate profitably in both good and bad times. Origin As befits the sometimes high-risk nature of stock picking, the term "blue chip" derives from the card game poker. The simplest sets of casino token, poker chips include casino token#Colors, white, red, and blue chips, with American tradition dictating that the blues are highest in value. In the United States, blue chips were traditionally used for higher values such that "blue chip" used in noun and adjectival word sense, senses are attested since 1873 and 1894, respectively. This established connotation was first extended to the sense of a blue-chip stock in the 1920s. According to Dow Jones & Company, Dow Jones company folklore, this sense extension was coined by Oliver Gingold (an early employee of the company that would become Dow Jones) sometime in the 1920s, when Gingold was standing ...
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Biosciences
This list of life sciences comprises the branches of science that involve the scientific study of life – such as microorganisms, plants, and animals including human beings. This science is one of the two major branches of natural science, the other being physical science, which is concerned with non-living matter. Biology is the overall natural science that studies life, with the other life sciences as its sub-disciplines. Some life sciences focus on a specific type of organism. For example, zoology is the study of animals, while botany is the study of plants. Other life sciences focus on aspects common to all or many life forms, such as anatomy and genetics. Some focus on the micro-scale (e.g. molecular biology, biochemistry) other on larger scales (e.g. cytology, immunology, ethology, pharmacy, ecology). Another major branch of life sciences involves understanding the mindneuroscience. Life sciences discoveries are helpful in improving the quality and standard of life and ...
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Broomielaw
Broomielaw is a major thoroughfare in the city of Glasgow, Scotland. It runs beside the River Clyde, on its north bank looking over to Tradeston. Both sides have been marketed as the city's International Financial Services District. History Originally part of the Lands of Blythswood, and named after Brumelaw Croft, because broom grew along the waterfront, the riverside street runs from Jamaica Bridge towards Anderston Quay, under the Kingston Bridge towards Finnieston Quay. Glasgow had the freedom of navigation of the River Clyde to the sea some twenty-seven miles westwards, confirmed later by Royal Charter signed by King James VI in 1611. The city's first quay was built at Brumelaw in 1688. From the early 1800s and increasingly after the invention of sea-going steamships in 1812 in Glasgow, the Broomielaw was a major part of Glasgow's harbour with shipping lines to all parts of the world, and an inventive and growing shipbuilding industry, becoming the wealthiest and lar ...
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International Financial Services District
The International Financial Services District (IFSD) (Scottish Gaelic: ''Sgìre Seirbheisean Ionmhais Eadar-nàiseanta'') is a financial district in the city of Glasgow, the largest city in Scotland. Nicknamed "Wall Street on the Clyde", it ranked in the top 40 of international financial districts, ahead of cities including Brussels, Madrid, Helsinki, Milan and Dublin. The district began being marketed and developed in succession to the Broomielaw Project pioneered by the Scottish Development Agency in the late 1980s. A public-private financial district in Glasgow, Scotland; attracting inward investment for leading international financial services companies and a re-location option for existing Glasgow-based companies, seeking to expand their operations. Today, it is a major hub in Glasgow for international business, as well as a major contributor to the Economy of Scotland. Notable tenants include Morgan Stanley, JPMorgan Chase and Barclays. The district is over 3 million ...
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Tertiary Sector Of The Economy
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the secondary sector (manufacturing). The tertiary sector consists of the provision of Service (economics), services instead of Product (business), end products. Services (also known as "Intangible good, intangible goods") include attention, advice, access, experience and affective labour. The tertiary sector involves the provision of services to other businesses as well as to final consumers. Services may involve the transport, distribution (economics), distribution and sale of goods from a producer to a consumer, as may happen in wholesaler, wholesaling and retailer, retailing, pest control or financial services. The goods may be transformed in the process of providing the service, as happens in the restaurant industry. However, the focus is ...
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