United Kingdom, constitutional monarchy in northwestern Europe, officially the United Kingdom of Great Britain and Northern Ireland. Great Britain is the largest island in the cluster of islands, or archipelago, known as the British Isles. The capital of the United Kingdom is the city of London, situated near the southeastern tip of England.
London is a major centre for international business and commerce and is one of three "command centres" for the global economy. The City of London is a major business and commercial centre and leading centre of global finance. The service sector of the United Kingdom is dominated by financial services, especially in banking and insurance. London is the world's largest financial centre with the London Stock Exchange, the London International Financial Futures and Options Exchange, and the Lloyd's of London insurance market all based in The City. It also has the largest concentration of foreign bank branches in the world.
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