Abstract

The article deals with the factors that ensure the sustainability of the reproduction of the British socio-economic model in the long term. Some features of the conceptual role of the UK in the formation of the global world order were studied. The impact of the COVID-19 on the economy of the United Kingdom was shown and the reasons for the deepest decline in production in the history of the country were summarized. The factors of chronic decline in productivity on the British labor market and strategic approaches to solving this problem were presented. Some provisions of the Trade and Cooperation Agreement between the UK and the European Union are discussed. The concept of sovereign money is analyzed as a possible response of British economic experts to the challenges of modern crises.

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