what type of currency is used in the united kingdom?
UK £
neutral
 Throughout this article , the unqualified term " pound " and the £ symbol refer to the Pound sterling . 

neutral
 England 's economy is one of the largest in the world , with an average GDP per capita of £ 22 @,@ 907 . Usually regarded as a mixed market economy , it has adopted many free market principles , yet maintains an advanced social welfare infrastructure . The official currency in England is the pound sterling , whose ISO 4217 code is GBP . Taxation in England is quite competitive when compared to much of the rest of Europe – as of 2014 the basic rate of personal tax is 20 % on taxable income up to £ 31 @,@ 865 above the personal tax @-@ free allowance ( normally £ 10 @,@ 000 ) , and 40 % on any additional earnings above that amount . 

neutral
 United Kingdom : 

neutral
 = = = United Kingdom government = = = 

entailment
 In the countries of the Commonwealth of Nations the metric system has replaced the imperial system by varying degrees : Australia , New Zealand and Commonwealth countries in Africa are almost totally metric , India is mostly metric while Canada is partly metric . In the United Kingdom , the metric system , the use of which was first permitted for trade in 1864 , is used in much government business , in most industries including building , health and engineering and for pricing by measure or weight in most trading situations , both wholesale and retail . However the imperial system is widely used by the British public , such as feet and inches as a measurement of height , weight in stone and pounds , and is legally mandated in various cases , such as road @-@ sign distances , which must be given in yards and miles . In 2007 , the European Commission announced that it was to abandon the requirement for metric @-@ only labelling on packaged goods in the UK , and to allow dual metric – imperial marking to continue indefinitely . 
