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2016 United Kingdom Budget
The 2016 United Kingdom budget was delivered by George Osborne, the Chancellor of the Exchequer, to the House of Commons on Wednesday, 16 March 2016. It was the second fully Conservative budget delivered by Osborne, after the July 2015 budget. This was to be Osborne's last budget as Chancellor, as he was replaced by Philip Hammond on 13 July by way of Theresa May's cabinet reshuffle. Background In the November 2015 Autumn Statement, the independent Office for Budget Responsibility predicted that the UK economy would grow by 2.4% in 2016. Budget announcements * Osborne will introduce a sugar tax on soft drinks from 2018, raising around half a billion pounds which will be used to fund after-school activities such as sport and art. * The predicted GDP growth for 2016 was lowered to 2% from 2.4%. * The tax-free allowance will be raised to £11,500 and the 40p tax threshold will increase to £45,000. * There will be a new savings account, the Lifetime ISA, for the under-40s, wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of MPs Elected In The 2015 United Kingdom General Election
The 2015 general election took place on 7 May 2015 and saw each of Parliament's 650 constituencies return one Member of Parliament (MP) to the House of Commons. Parliament, which consists of the House of Lords and the elected House of Commons, was convened on 27 May at the Palace of Westminster by Queen Elizabeth II. It was dissolved just after midnight on 3 May 2017, being 25 working days ahead of the general election on 8 June 2017. The dissolution was originally scheduled for 2020, but took place almost three years early following a call for a snap election by Conservative Prime Minister Theresa May which received the necessary two-thirds majority in a 522 to 13 vote in the House of Commons on 19 April 2017. It was the shortest Parliament since 1974. The 2015 general election resulted in a Conservative majority, a massive loss of seats for the Liberal Democrats, and all but three Scottish seats going to the SNP. The UK Independence Party elected their first MP at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennines
The Pennines (), also known as the Pennine Chain or Pennine Hills, are a range of highland, uplands mainly located in Northern England. Commonly described as the "Vertebral column, backbone of England" because of its length and position, the range runs from Derbyshire and Staffordshire in the North Midlands, north of the Midlands to Northumberland in North East England. From the River Tyne, Tyne Gap in the north, the range extends south through the North Pennines, Yorkshire Dales, South Pennines, and Peak District to end near the valley of the River Trent. The Border Moors & Forests, Border Moors and Cheviot Hills, which lie beyond the Tyne Gap, are included in some definitions of the range. The range is divided into two by the Aire Gap, a wide pass formed by the valleys of the rivers River Aire, Aire and River Ribble, Ribble. There are several Spur (topography), spurs off the main Pennine range east into Greater Manchester and Lancashire, comprising the Rossendale Valley, Rosse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Budget Of The United Kingdom
A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows. Companies, governments, families, and other organizations use budgets to express strategic plans of activities in measurable terms. Preparing a budget allows companies, authorities, private entities or families to establish priorities and evaluate the achievement of their objectives. To achieve these goals it may be necessary to incur a deficit (expenses exceed income) or, on the contrary, it may be possible to save, in which case the budget will present a surplus (income exceed expenses). In the field of commerce, a budget is also a financial document or report that details the cost that a service will have if performed. Whoever make ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iain Duncan Smith
Sir George Iain Duncan Smith (born 9 April 1954), often referred to by his initials IDS, is a British politician who was Leader of the Conservative Party (UK), Leader of the Conservative Party and Leader of the Opposition (United Kingdom), Leader of the Opposition from 2001 to 2003. He was Secretary of State for Work and Pensions from Iain Duncan Smith's tenure as Work and Pensions Secretary, 2010 to 2016. He has been Member of Parliament (United Kingdom), Member of Parliament (MP) for Chingford and Woodford Green, formerly Chingford (UK Parliament constituency), Chingford, since 1992 United Kingdom general election, 1992. The son of W. G. G. Duncan Smith, a Royal Air Force flying ace, Duncan Smith was born in Edinburgh and raised in Solihull. After education at the Training school (United Kingdom), training school and Royal Military Academy Sandhurst, he served in the Scots Guards from 1975 to 1981, seeing tours in Northern Ireland and Rhodesia. He joined the Conservative Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secretary Of State For Work And Pensions
The secretary of state for work and pensions, also referred to as the work and pensions secretary, is a secretary of state in the Government of the United Kingdom, with overall responsibility for the business of the Department for Work and Pensions. The incumbent is a member of the Cabinet of the United Kingdom. The office holder works alongside the other work and pensions ministers. The corresponding shadow minister is the shadow secretary of state for work and pensions. The performance of the secretary of state is also scrutinised by the Work and Pensions Select Committee. The office is currently held by Liz Kendall. Responsibilities Corresponding to what is generally known as a labour minister in many other countries, the work and pensions secretary's remit includes: * Support people of working age * Oversight of employers and pensions * Fiscal Consolidation * Providing support for disability * Support for families and children History It was created on 8 June ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeremy Corbyn
Jeremy Bernard Corbyn (; born 26 May 1949) is a British politician who has been Member of Parliament (United Kingdom), Member of Parliament (MP) for Islington North (UK Parliament constituency), Islington North since 1983. Now an Independent politician, independent, Corbyn had been a member of the Labour Party (UK), Labour Party from 1965 until his expulsion in 2024, and remains a member of the Socialist Campaign Group parliamentary caucus. He served as Leader of the Opposition (United Kingdom), Leader of the Opposition and Leader of the Labour Party (UK), Leader of the Labour Party from 2015 to 2020. Corbyn identifies ideologically as a socialist on the Labour left, political left. Born in Chippenham, Wiltshire, Corbyn joined the Labour Party as a teenager. Moving to London, he became a List of trade unions in the United Kingdom, trade union Union representative, representative. In 1974, he was elected to London Borough of Haringey, Haringey Council and became Secretary of H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leader Of The Opposition (United Kingdom)
The Leader of His Majesty's Most Loyal Opposition, more commonly referred to as the Leader of the Opposition, is the person who leads the His Majesty's Most Loyal Opposition, Official Opposition in the United Kingdom. The position is seen as the shadow head of government of the United Kingdom and thus the shadow prime minister of the United Kingdom. Originally Constitutional convention (political custom), by convention, the Leader of the Opposition is the leader of the largest political party in the House of Commons of the United Kingdom, House of Commons that is not in Government of the United Kingdom, government. When a single party wins outright, this is the party leader of the second-largest political party in the House of Commons. The role has since been codified by statute. The Leader of the Opposition is often viewed as an alternative or shadow Prime Minister of the United Kingdom, prime minister, and is appointed to the Privy Council (United Kingdom), Privy Council. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Of Public Sector Information
The Office of Public Sector Information (OPSI) is the body responsible for the operation of His Majesty's Stationery Office (HMSO) and of other public information services of the United Kingdom. The OPSI is part of the National Archives of the United Kingdom and is responsible for Crown copyright. The OPSI announced on 21 June 2006 that it was merging with the National Archives. The merger took place in October 2006. The OPSI continues to discharge its roles and responsibilities from within the structure of the National Archives. Controller of HMSO and Director of OPSI The Controller of HMSO is also the Director of OPSI. HMSO continues to operate from within the expanded remit of OPSI. The Controller of HMSO also holds the offices of Kings's Printer of Acts of Parliament, King's Printer for Scotland and Government Printer for Northern Ireland. By virtue of holding these offices OPSI publishes, through HMSO, the '' London Gazette'', '' Edinburgh Gazette'', '' Belfast Gazette' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Severn Bridge
The Severn Bridge () is a Controlled-access highway, motorway suspension bridge that spans the River Severn between South Gloucestershire in England and Monmouthshire in South East Wales. It is the original Severn crossing, Severn road crossing between England and Wales, and took three and a half years to build, at a cost of Pound sterling, £8 million. It replaced the 137-year-old Aust Ferry. The bridge was opened in 1966 by Queen Elizabeth II. For thirty years, the bridge carried the M4 motorway. It was granted Grade I listed building, listed status in 1999. Following the completion of the Second Severn Crossing, the section of motorway from Olveston in England to Magor, Monmouthshire, Magor in Wales was designated the M48 motorway, M48. In addition to carrying the motorway, the bridge has service paths on each side which are open to pedestrians and cyclists. These carry National Cycle Route 4 and EuroVelo cycle routes, as well as hosting a weekly parkrun. History The f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brexit
Brexit (, a portmanteau of "Britain" and "Exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU). Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 Central European Time, CET). The UK, which joined the EU's precursors the European Communities (EC) on 1 January 1973, is the only member state to have withdrawn from the EU, although the territories of Greenland (part of the Kingdom of Denmark) previously left the EC in 1985 and Algeria (formerly French Algeria, part of France) left in 1976. Following Brexit, EU law and the Court of Justice of the European Union no longer have Primacy of European Union law, primacy over British laws but the UK remains legally bound by obligations in the various treaties it has with other countries around the world, including many with EU member states and indeed with the EU itself. The European Union (Withdrawal) Act 2018 retains relevant EU law as La ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Nikkei
''The Nikkei'', also known as , is the flagship publication of Nikkei, Inc. (based in Tokyo) and the world's largest financial newspaper, with a daily circulation exceeding 1.73 million copies. The Nikkei 225, a stock market index for the Tokyo Stock Exchange, has been calculated by the newspaper since 1950. It is one of the four national newspapers in Japan; the other three are ''The Asahi Shimbun'', the ''Yomiuri Shimbun'' and the '' Mainichi Shimbun''. History The roots of the Nikkei started with an in-house newspaper department of Mitsui & Company in 1876 when it started publication of ''Chugai Bukka Shimpo'' (literally ''Domestic and Foreign Commodity Price Newspaper''), a weekly market-quotation bulletin. The department was spun out as the ''Shokyosha'' in 1882. The paper became daily (except Sunday) in 1885 and was renamed ''Chugai Shōgyō Shimpo'' in 1889. It was merged with ''Nikkan Kōgyō'' and ''Keizai Jiji'' and renamed ''Nihon Sangyō Keizai Shimbun'' in 1942. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
