How to Format a UK Business Letter

How to Format a UK Business Letter How to Format a UK Business Letter How to Format a UK Business Letter By Ali Hale I covered writing US business letters, but I know we have a number of readers in the United Kingdom too – or readers who might want to write to companies within the UK. I’ll just be covering the formatting here rather than explaining again why each element is included, so you might want to read the article on US business letters first. The UK format is similar to US full block format, with these key differences for UK letters: The return address is right-aligned The date is written as â€Å"15th May 2008† not â€Å"May 15, 2008† A comma, not a colon, follows the recipients’ name The subject (if included) is centred In the UK, a standard business letter looks like this: Just as with the US examples, I’ll break the letter down into the main elements, working from the top to the bottom. Your Address Your address, also known as the â€Å"return address†, comes first (leave this off if you’re using letter-headed paper). 123 Old Road Newtown London SW1 3AA Your return address should be right-justified. The Date Directly beneath this, the date on which the letter was written: 15th May 2008 In the UK, the day comes before the month, and it is fine to put â€Å"st†, â€Å"nd† or â€Å"th† after the day’s date, eg. â€Å"15th† â€Å"1st† or â€Å"2nd†. You can position the date on the right or on the left of your letter. Recipent’s name and address Beneath this, you should put the recipient’s name and address, just as it would appear on the envelope. If you’re using a window envelope, make sure it’ll show through when the paper is inserted. The recipient’s name and address should be positioned on the left-hand side. The Greeting After their address, you should leave a line’s space then put â€Å"Dear Mr Jones†, â€Å"Dear Bob† or â€Å"Dear Sir/Madam† as appropriate. Follow this with a comma. The greeting should be left-aligned. The Subject You may want to include a subject for your letter this is often helpful to the recipient, especially if they receive a lot of mail. If you do include a subject line, thsi should be directly below the Dear name, centered on the page, and can be in bold, uppercase or both to make it stand out. The Text of your Letter The main body of your letter should have: Single-spacing between lines A blank line (NOT an indent) before each new paragraph Each new paragraph should start at the left hand side. The Closing and Your Name and Signature After the body of text, your letter should end with an appropriate closing phrase such as â€Å"Yours sincerely† or â€Å"With best regards†, and a comma. Leave several blank lines after the closing (so you can sign the letter after printing it), then type your name. You can optionally put your job title and company name on the line beneath this. Joe Bloggs Marketing Director, BizSolutions The closing and your name and signature should all be on the left hand side. Still stuck? Try this letter writing exercise – it’s aimed at school-kids in the UK, but it’s good fun for adults too! Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Business Writing category, check our popular posts, or choose a related post below:Writing Prompts 101The Four Sounds of the Spelling OUApostrophe with Plural Possessive Nouns

Economics Assignment Essay Example | Topics and Well Written Essays - 1250 words

Economics Assignment - Essay Example Other ways to alter money supply in the economy may include altering discount rates, quantitative easing and Funding; however, the main emphasis of monetary policy is the â€Å"Open Market Operations† through which the government alters money supply in the economy. It is first important to understand how banks operate; banks lend out money to open public, this money when lend out in the economy is bound to come back to the banks as deposits by other people. Thus, the bank has more and more money to lend out. However, the bank keeps certain amount of money as a safety measure to cater to demand of withdrawal of money by customers. The percentage of deposit kept safe by the bank is determined by the â€Å"Liquidity Ratio†. Example, if the liquidity ratio is 10%, and Mr. X comes and invests $100 in a bank, the bank would keep $10 as a reserve and would lend out the remaining $90 to customers. This increases money supply; the more money that flows in the bank, the more cred it creation takes place. Open Market operations refer to buying and selling of bonds that happens between the Central bank and the commercial banks. Commercial banks are very powerful when it comes to money creation or contractions. Thus, in case the government wants an expansionary monetary policy, the Central bank would ask the commercial banks to print fancy stamped papers with net amounts written (known as BONDS) and sell them to Central Bank. The central bank would buy the bond and pay the commercial bank money for the bond. Thus, this money is used by the commercial banks to make more credit as they give out this money to buyers. These people spend, Example, Mr. X borrowed $90 and bought a Dell Computer, now Dell would deposit the $90 back in the bank and thus the bank would make a further loan of $81 (90% of $90) and this cycle goes on. This leads to money being multiplied and as a result, because of the Money Multiplier effect, $100 becomes approximately $1000 in the economy at a 10% liquidity ratio rate. This is an expansionary monetary policy that is used in times of recession to bring the economy back or close to the full employment level of output. Money Multiplier = 1 / Liquidity Ratio Similarly, if the government wishes to contract the money supply, it does the opposite; the central bank prints and sells bonds to the commercial banks (taking out its reserves) thus the commercial banks have lesser funds to give out as loans in the economy and the overall economy contracts. This contracts the money supply and is used in times of inflation. This concept also has another vital aspect to it, the impact of interest rates as a result of money supply. Money supply is directly linked to the interest rates, as shown below: Increases in money supply (via expansionary monetary policy) decreases interest rates (as shown above, from i1 to i2), this means people would be less willing to save and hence have a greater marginal propensity to consume*. Consumption will likely to go up as people would tend to spend more than they save, owing to low interest rates. Credit card purchases would be encouraged and investments would be made more attractive at lower interest rates. Also, owing to the wealth effect, the people would be willing to spend

English Literature Essay Example | Topics and Well Written Essays - 750 words - 3

English Literature - Essay Example ‘Browsing’ no longer connotes rifling through the pages of a book, but the surfing of the net. The very word ‘reading’ is no longer confined to print, but to the perusal of text on the monitor of a computer. Everything, from dictionaries to atlases, has been usurped by the net. After all, who wants an atlas, when one can have ‘Google Earth?’ When books themselves seem well on the way to surviving only as bound exhibits in museums, or fashion statements on coffee tables, does the study of Literature remain relevant today? However, anyone who has curled up on a sofa with a detective yarn, sighed over a tale of unrequited love, or laughed out loud over the antics of a comic hero, can shrug aside such cynicism. Anyone who has ever experienced the magic of books can hold fast to the certainty that Literature will always remain an integral part of a cultured, fulfilled human life. Literature is the expression of the highest human thought. Yes, scientific knowledge exhibits mans’ intellectual achievement and its’ manifestation in the mastery of the physical world. But, it is Literature which satisfies the soul, along with music and art. After all, it is this striving for more than the mere satisfaction of basic physical needs which distinguishes man from the animals. The beauty of the written word transcends that of Nature, and it is Literature which gives expression to this beauty. Life is shaped by Literature. From Aesop’s fable of The Fox and the Grapes to the nursery rhyme of The Little Engine Which Could, from the adventures of the Hardy Boys to tales of Sinbad the Sailor, from Greek and Indian mythology to Shakespeare and Steinbeck, Literature gives expression to the lessons learnt from the past and serves as a guide to the future. It is Literature which showcases the strongest and purest of human emotions,