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Decimal Day
Decimal Day in the United Kingdom and in Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence. Before this date, the British pound sterling (symbol "£") was subdivided into 20 shillings, each of 12 (old) pence, a total of 240 pence. With decimalisation, the pound kept its old value and name, but the shilling was abolished, and the penny was revalued, such that the pound was subdivided into 100 of what were originally called "new pence" ("NP"), and later just pence ("p") when confusion was no longer likely. Each new penny was worth 2.4 old pence (abbreviated "d"). A coin of half a new penny was introduced to maintain the granularity of the old penny, but was dropped in 1984 as inflation reduced its value. An old value of 7 pounds, 10 shillings, and sixpence, typically abbreviated £7/10/6 or became Amounts with a number of old pence which was not 0 or 6 did not convert into a round numbe ...
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Decimal Day Coins
The decimal numeral system (also called the base-ten positional numeral system and denary or decanary) is the standard system for denoting integer and non-integer numbers. It is the extension to non-integer numbers of the Hindu–Arabic numeral system. The way of denoting numbers in the decimal system is often referred to as ''decimal notation''. A ''decimal numeral'' (also often just ''decimal'' or, less correctly, ''decimal number''), refers generally to the notation of a number in the decimal numeral system. Decimals may sometimes be identified by a decimal separator (usually "." or "," as in or ). ''Decimal'' may also refer specifically to the digits after the decimal separator, such as in " is the approximation of to ''two decimals''". Zero-digits after a decimal separator serve the purpose of signifying the precision of a value. The numbers that may be represented in the decimal system are the decimal fractions. That is, fractions of the form , where is an integer, and ...
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Metrication
Metrication or metrification is the act or process of converting to the metric system of measurement. All over the world, countries have transitioned from local and traditional units of measurement to the metric system. This process began in France during the 1790s, and is still continuing more than 200 years later, with the modern International System of Units, as the metric system has not yet been fully adopted in all countries and areas. Overview Most countries now have the metric system as their official system of weights and measures. Some have adopted it as their official system but have not yet completed the process of metrication. Some others have not made any commitment to adopting it. There is not a general consensus in the sources as to the number of countries that fall into each of these categories. According to a 2011 doctoral dissertation by Hector Vera, as of 2010, a total of seven countries had not "adopted the metric system as their exclusive system of measur ...
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British Association For The Advancement Of Science
The British Science Association (BSA) is a charity and learned society founded in 1831 to aid in the promotion and development of science. Until 2009 it was known as the British Association for the Advancement of Science (BA). The current Chief Executive is Katherine Mathieson. The BSA's mission is to get more people engaged in the field of science by coordinating, delivering, and overseeing different projects that are suited to achieve these goals. The BSA "envisions a society in which a diverse group of people can learn and apply the sciences in which they learn." and is managed by a professional staff located at their Head Office in the Wellcome Wolfson Building. The BSA offers a wide variety of activities and events that both recognize and encourage people to be involved in science. These include the British Science Festival, British Science Week, the CREST Awards, Huxley Summit, Media Fellowships Scheme, along with regional and local events. History Foundation The Ass ...
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History Of The Halfpenny
The British halfpenny coin was worth 1/480th of a pound sterling. At first in its 700-year history it was made from silver, but as the value of silver increased the coin was made from base metals. It was finally abandoned in 1969 as part of the process of decimalising the British currency. "Halfpenny", colloquially written ''ha'penny,'' was pronounced ; "1 ½d" was spoken as ''a penny ha'penny'' or ''three ha'pence'' . It was long considered that the first halfpenny coins were produced in the reign of King Edward I (1272–1307), with earlier requirements for small change being provided by "cut coinage"; that is, pennies cut into halves or quarters, usually along the cross which formed a prominent part of the reverse of the coin. However, in recent years metal detectorists have discovered a few halfpennies of Kings Henry I (1100–1135) and Henry III (1216–1272) – these are extremely rare and very little is known about them; they have all been found in the ...
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Mill (currency)
The mill (American English) or mil (Commonwealth English, except Canada) is a unit of currency (sometimes symbolized as ₥), used in several countries as one-thousandth of the base unit. In the United States, it is a notional unit equivalent to a thousandth of a United States dollar (a hundredth of a dime or a tenth of a cent). In the United Kingdom, it was proposed during the decades of discussion on decimalisation as a division of sterling's pound. While this system was never adopted in the United Kingdom, the currencies of some British or formerly British territories did adopt it, such as the Palestine pound and the Maltese lira. The term comes from the Latin "millesimum", meaning "thousandth part". Usage United States In the United States, the term was first used by the Continental Congress in 1786, being described as the "lowest money of account, of which 1000 shall be equal to the federal dollar". The Coinage Act of 1792 describes milles and other subdivisions of th ...
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Alfred Emmott, 1st Baron Emmott
Alfred Emmott, 1st Baron Emmott, (8 May 1858 – 13 December 1926) was a British businessman and Liberal Party politician. Background and education The eldest surviving son of Thomas Emmott, of Brookfield, Oldham, he was educated at Grove House, Tottenham, and at the University of London. He became a partner in Emmott and Walshall, cotton spinners, of Oldham. Political career In 1881, Emmott entered the Oldham Municipal Borough Council and was mayor of the town between 1891 and 1892. In a by-election in 1899 he was elected Liberal Member of Parliament for Oldham, a seat he held until 1911. It was a two-member seat, and Winston Churchill, who started his political career there, was the other member from 1900 to 1906. Emmott served as Chairman of Ways and Means (Deputy Speaker of the House of Commons) from 1906 to 1911 and was sworn of the Privy Council in 1908. In October 1911 he was appointed Under-Secretary of State for the Colonies by H. H. Asquith and the following mont ...
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Department Of Trade And Industry (United Kingdom)
The Department of Trade and Industry (DTI) was a United Kingdom government department formed on 19 October 1970. It was replaced with the creation of the Department for Business, Enterprise and Regulatory Reform and the Department for Innovation, Universities and Skills on 28 June 2007. History The department was first formed on 19 October 1970 with the merger of the Board of Trade and the Ministry of Technology, creating a new cabinet post of Secretary of State for Trade and Industry. The new department also took over the Department of Employment's former responsibilities for monopolies and mergers. In January 1974, the department's responsibilities for energy production were transferred to a newly created Department of Energy. On 5 March that year, following a Labour Party victory in the February 1974 general election, the department was split into the Department of Trade, the Department of Industry and the Department of Prices and Consumer Protection. Reformation In 1 ...
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Metric Weights And Measures
The metric system is a system of measurement that succeeded the decimalised system based on the metre that had been introduced in France in the 1790s. The historical development of these systems culminated in the definition of the International System of Units (SI) in the mid-20th century, under the oversight of an international standards body. Adopting the metric system is known as ''metrication''. The historical evolution of metric systems has resulted in the recognition of several principles. Each of the fundamental dimensions of nature is expressed by a single base unit of measure. The definition of base units has increasingly been realised from natural principles, rather than by copies of physical artefacts. For quantities derived from the fundamental base units of the system, units derived from the base units are used—e.g., the square metre is the derived unit for area, a quantity derived from length. These derived units are coherent, which means that they invo ...
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Weights And Measures
A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. Any other quantity of that kind can be expressed as a multiple of the unit of measurement. For example, a length is a physical quantity. The metre (symbol m) is a unit of length that represents a definite predetermined length. For instance, when referencing "10 metres" (or 10 m), what is actually meant is 10 times the definite predetermined length called "metre". The definition, agreement, and practical use of units of measurement have played a crucial role in human endeavour from early ages up to the present. A multitude of systems of units used to be very common. Now there is a global standard, the International System of Units (SI), the modern form of the metric system. In trade, weights and measures is often a subject of governmental regulation, to ensure fairness and transparency. ...
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Select Committee (United Kingdom)
In British politics, parliamentary select committees can be appointed from the House of Commons, like the Foreign Affairs Select Committee; from the House of Lords, like the Delegated Powers and Regulatory Reform Committee; or as a joint committee of Parliament drawn from both, such as the Joint Committee on Human Rights. Committees may exist as "sessional" committees – i.e. be near-permanent – or as "ad-hoc" committees with a specific deadline by which to complete their work, after which they cease to exist, such as the Lords Committee on Public Service and Demographic Change. The Commons select committees are generally responsible for overseeing the work of government departments and agencies, whereas those of the Lords look at general issues, such as the constitution, considered by the Constitution Committee, or the economy, considered by the Economic Affairs Committee. Both houses have their own committees to review drafts of European Union directives: th ...
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John Hubbard, 1st Baron Addington
John Gellibrand Hubbard, 1st Baron Addington PC (21 March 1805 – 28 August 1889), was a City of London financier and a Conservative Party politician. Hubbard was born at Stratford Grove, Essex, the son of John Hubbard and his wife Marianne Morgan. He was a merchant in the City of London being head of the firm 'J. Hubbard & Co.', Russian Merchants. He was by profession a banker, his family had a business in St Petersburg, which was not strictly commercial, but had an operation in London. It was enough for him to become a director of Guardian Fire and Life Assurance Co. In 1838 he joined the elite as a director of the Bank of England, later rising to become successively Deputy Governor and then Governor. Convinced capital and income should be treated differently he lobbied parliament to recognise the legal treatment of income tax on earned income only, which was eventually achieved in 1907. He was of Chairman of the Public Works and Exchequer Loan Committee between 1853 and 1 ...
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Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility f ...
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