Appraising Britain

The United Kingdom has been appraised. The whole thing - England, Wales, Scotland, Northern Ireland and everything of value there, including the land, buildings, vehicles, machinery, bridges, roads, shares and bank accounts, has been appraised. The Office for National Statistics did the bean counting, and that office arrived at the value of 4.983 trillion pounds, or $8.8 trillion, as of April 2001.

Now, if only the appraisers from the Midland Central Appraisal District could have gotten a crack at it the number probably could top $10 trillion easily.

Comments

[Redman]

With or without the homestead exemption?

[George]

Good one, Redman. There are some awfully weird taxes in Britain, so you just know that this appraisal is used for taxation purposes.