Report on Business Environment, Fiscal and Monetary Policy in UK

This report provides an overview of the UK's business environment, focusing on the roles of fiscal and monetary policies. It begins with an introduction to the business environment and its significance, followed by detailed explanations of fiscal policy, which involves government spending and taxation, and monetary policy, which concerns the control of money supply and interest rates. The report then explores the impact of these policies on the UK economy, highlighting their importance in managing inflation, maintaining economic stability, and promoting growth. The conclusion summarizes the key findings, emphasizing the crucial role of these policies in maintaining a balanced economy and promoting economic development. The report also includes a list of references for further reading.

Introduction to Business Environment

 Introduction
 Role of fiscal policy
 Role of monetary policy
 Impact of monetary and fiscal policy on economy
 Conclusion
 References
Table of Content

Business is a activity that is performed by human with integrated efforts of different
level of employees to earn profit through production and distribution of goods.
Business Environment refers to those aspects that is practiced in business firm, directly
or indirectly influence the operations and distribution of goods and services.
Introduction

The main objective of studying business environment is that it helps organisation to
gather information, decision- making and making policies for the organisation. The UK
is one of the leading country that is having great trading powers and financial centres.
This presentation cover about basic business environment concepts in context UK
economic. In addition, this presentation mainly emphasis on role of fiscal and monetary
policies along with the impact on the UK economy.
Continue…

Role Of Fiscal Policy
Fiscal policy involves the optimum use of
government spending that is direct as well as
indirect taxation. Fiscal policy also covers up
government borrowing that directly and
indirectly affect the growth level of
aggregated demands, output and jobs.

Monetary policy deals with planning and deciding that how much financial money the
economy should get and further on that basis corrective decisions are made to raise or
decrease the purchasing power of money. Monetary policy is the process by which
monetary authority controls and manages the supply money in the economy by
managing its controls on the interest rates to attain and maintain price stability in order
to achieve high economic growth and development.
Role of monetary policy

Fiscal and monetary polices plays an important role for smooth running of the economy
of the nation. This are the flexible policies that is crucial to be implement with changes
as it helps to attain strong and stable economy. UK economic system is applying this
flexible policies to maintain their economy strong and stable.
Impact Of Monetary And Fiscal Policy On Economy

It is concluded that both monitory and fiscal polices plays important role in UK
economy as they help to manage both inflationary and de inflationary rate, Moreover, it
is crucial to implement this policies in order to maintain balance of payments and cash
inflows. Price stability and chances of economic growth and development enhances
when this policies are implemented with the changes.
Conclusion

 Chavis, L.W., Klapper, L.F. and Love, I., 2011. The impact of the business
environment on young firm financing. The world bank economic review. 25(3).
pp.486-507.
 Commander, S. and Svejnar, J., 2011. Business environment, exports, ownership, and
firm performance. The Review of Economics and Statistics. 93(1). pp.309-337.
 Eckardt, M., 2012. The European Private Company: Do we need another 28th private
company law form in the EU? On regulatory competition of corporate law.
References

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