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The UK has a population of about 67 million. London is one of the world's most diverse and economically important cities, contributing about 25% of UK GDP.

GDP per capita is approximately $46,000-48,000. The UK has a comprehensive welfare state including the National Health Service (NHS), state pensions, and unemployment benefits.

UK household debt is relatively high, driven by mortgage borrowing in an expensive housing market. Housing affordability, particularly in London and the southeast, is a major economic and social issue.