The United Kingdom is a European monarchy composed of England,
Scotland, Wales, and Northern Ireland. It has a
population of over 60 million. Local stocks are traded on
the London Stock Exchange (
LSE) and
are best represented by the FTSE100 Index. Canada is home to
some of the world's largest energy companies and financial
institutions.
The UK is part of the European Union but has not adopted the
Euro. It conducts its own monetary policy through the Bank
of England. The British currency, the pound sterling, is free floating
and one of the most traded currencies in the world.