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Bank Of England Act 1946
The Bank of England Act 1946 ( 9 & 10 Geo. 6. c. 27) is an act of Parliament of the United Kingdom which came into force on 14 February 1946. The act brought all of the stock of the Bank of England into public ownership on the "appointed date" (1 March 1946). This was one of a series of nationalisations by the post-war Labour government led by Clement Attlee Clement Richard Attlee, 1st Earl Attlee (3 January 18838 October 1967) was a British statesman who was Prime Minister of the United Kingdom from 1945 to 1951 and Leader of the Labour Party (UK), Leader of the Labour Party from 1935 to 1955. At .... See also * Bank of England Act 1716 * Bank of England Act 1998 References External links Bank of England Legislation, the Charters of the Bank and related documents United Kingdom Acts of Parliament 1946 Bank of England 1946 in economic history Nationalisation in the United Kingdom Banking legislation in the United Kingdom {{UK-statute-stub ...
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9 & 10 Geo
9 (nine) is the natural number following and preceding . Evolution of the Hindu–Arabic digit Circa 300 BC, as part of the Brahmi numerals, various Indians wrote a digit 9 similar in shape to the modern closing question mark without the bottom dot. The Kshatrapa, Andhra and Gupta started curving the bottom vertical line coming up with a -look-alike. How the numbers got to their Gupta form is open to considerable debate. The Nagari continued the bottom stroke to make a circle and enclose the 3-look-alike, in much the same way that the sign @ encircles a lowercase ''a''. As time went on, the enclosing circle became bigger and its line continued beyond the circle downwards, as the 3-look-alike became smaller. Soon, all that was left of the 3-look-alike was a squiggle. The Arabs simply connected that squiggle to the downward stroke at the middle and subsequent European change was purely cosmetic. While the shape of the glyph for the digit 9 has an Ascender (typography), ascender ...
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Hugh Dalton
Edward Hugh John Neale Dalton, Baron Dalton, (16 August 1887 – 13 February 1962) was a British Labour Party (UK), Labour Party economist and politician who served as Chancellor of the Exchequer from 1945 to 1947. He shaped Labour Party foreign policy in the 1930s, opposing pacifism; promoting rearmament against the German threat; and strongly Appeasement, opposed the appeasement policy of Prime Minister Neville Chamberlain in 1938. Dalton served in Winston Churchill's wartime coalition cabinet; after the Dunkirk evacuation he was Minister of Economic Warfare, and established Special Operations Executive. Later in the war he was President of the Board of Trade. As Chancellor in Clement Attlee's Labour Government, he pushed his policy of cheap money too hard, and mishandled the sterling crisis of 1947 in which much of the 1946 Anglo-American loan was wasted. His political position was already in jeopardy in 1947 when he was forced to resign for, seemingly inadvertently, revealing ...
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Frederick Pethick-Lawrence, 1st Baron Pethick-Lawrence
Frederick William Pethick-Lawrence, 1st Baron Pethick-Lawrence, PC (né Lawrence; 28 December 1871 – 10 September 1961) was a British Labour politician who, among other things, campaigned for women's suffrage. Background and education Born in London as Frederick William Lawrence, he was the son of wealthy Unitarians who were members of the Liberal Party. Three of his father's brothers, William, James, and Edwin, were politically active in various roles, including as Lord Mayor of London and as members of parliament. Frederick was educated at Wixenford, Eton, and Trinity College, Cambridge, where he was a member of Cambridge University Liberal Club. He then became a barrister. Political career Lawrence met and fell in love with Emmeline Pethick, an active socialist and campaigner for women's votes. They finally married in 1901 after Lawrence converted to socialism. They kept separate bank accounts and they both took the surname 'Pethick Lawrence' (later Pethick-La ...
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Bank Of England Act 1694
The Bank of England Act 1694 ( 5 & 6 Will. & Mar. c. 20), sometimes referred to as the Tonnage Act 1694, is an act of the Parliament of England. It is one of the Bank of England Acts 1694 to 1892.The Short Titles Act 1896, section 2(1) and schedule 2 Sections 1 to 15 and 22 to 24 and 33 and 35 to 48 were repealed by the Statute Law Revision Act 1867. Sections 16 and 18 were repealed by the Statute Law Revision Act 1966. Sections 21 and 32 and 34 were repealed by section 8 of, and part I of the schedule to, the Bank Act 1892. Section 25 was repealed bschedule 3to the Bank of England Act 1946. Section 28 was repealed bpart XIof schedule 1 to, the Statute Law (Repeals) Act 1976. Sections 29 to 31 were repealed by schedule 1 to the Statute Law Revision Act 1948. Notes References *Halsbury's Statutes ''Halsbury's Statutes of England and Wales'' (commonly referred to as ''Halsbury's Statutes'') provides updated texts of every Public General Act of the Parliament ...
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Bank Of England Act 1709
The Bank of England Act 1709 ( 8 Ann. c. 1) was an act of the Parliament of Great Britain. It was one of the Bank of England Acts 1694 to 1892. Only the title of this act is printed in Ruffhead's Edition.Council of Law Reporting. ''The Law Reports. The Public General Statutes, with a list of the local and private Acts, passed in the thirtieth and thirty-first years of the reign of Her Majesty Queen Victoria.'' London. 1867. Page 656. Footnote 9. The majority of the act related to the raising of one year's land tax. Sections 124 to 132 (the last eight sections of the act) dealt with the Bank of England. The Bank of England Act 1709, except the last two sections, was repealed by section 1 of, and the schedule to, the Statute Law Revision Act 1867. The whole act was repealed by section 3(4) of, and schedule 3 to, the Bank of England Act 1946. References *Halsbury's Statutes ''Halsbury's Statutes of England and Wales'' (commonly referred to as ''Halsbury's Statutes'') pro ...
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Statute Law (Repeals) Act 2004
The Statute Law (Repeals) Act 2004 (c. 14) is an Act of the Parliament of the United Kingdom. It implements recommendations of the Law Commission and the Scottish Law Commission.The Law Commission and the Scottish Law Commission. Statute Law Revision: Seventeenth Report. Draft Statute Law (Repeals) Bill. Law Com 285. SLC 193. Cm 6070. December 2003. Schedule 1 - Repeals This Schedule is divided into the following parts: *Part 1 Administration of Justice *Part 2 Agriculture *Part 3 Allotments and smallholdings *Part 4 Aviation *Part 5 Defunct bodies *Part 6 Ecclesiastical *Part 7 Education *Part 8 Employment *Part 9 Finance *Part 10 Local government *Part 11 Pensions *Part 12 Property *Part 13 Public health *Part 14 Road traffic *Part 15 Scottish Acts *Part 16 Trade and industry *Part 17 Miscellaneous See also * Statute Law (Repeals) Act References * Halsbury's Statutes. Fourth Edition. 2008 Reissue. Volume 41. Page 1103. * * St John Bates. "Statute Law (Repeals) Act 2004". ...
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Act Of Parliament Of The United Kingdom
An act of Parliament in the United Kingdom is primary legislation passed by the UK Parliament in Westminster, London. An act of Parliament can be enforced in all four of the UK constituent countries (England, Scotland, Wales and Northern Ireland). As a result of devolution the majority of acts that are passed by Parliament increasingly only apply either to England and Wales only, or England only. Generally acts only relating to constitutional and reserved matters now apply to the whole of the United Kingdom. A draft piece of legislation is called a bill. When this is passed by Parliament and given royal assent, it becomes an act and part of statute law. Contents of a bill or act A bill and an Act of Parliament typically include a short title and a long title, a number of clauses and, in many cases, one or more schedules. The ''Erskine May'' guide to Parliamentary Practice states that a schedule could deal with "extended material inclusion of which within clauses might detr ...
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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 Kingdom of England, English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank. The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, 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. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory Financial regulation, regulator. The bank's headquarters have been in London's main financial di ...
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Public Ownership
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's sh ...
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Attlee Ministry
Clement Attlee was invited by King George VI to form the first Attlee ministry in the United Kingdom on 26 July 1945, succeeding Winston Churchill as prime minister of the United Kingdom. The Labour Party (UK), Labour Party had won a landslide victory at the 1945 United Kingdom general election, 1945 general election, and went on to enact policies of what became known as the post-war consensus, including the establishment of the welfare state and the nationalisation of 20 per cent of the entire economy. The government's spell in office was marked by post-war austerity measures; the crushing of pro-independence and communist movements Malayan Emergency, in Malaya; the grant of Indian Independence Act 1947, independence to India, Pakistan, Ceylon, and Burma; the engagement in the Cold War against Soviet Communism; and the creation of the country's National Health Service (NHS). Attlee went on to win a narrow majority at the 1950 United Kingdom general election, 1950 general electi ...
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Clement Attlee
Clement Richard Attlee, 1st Earl Attlee (3 January 18838 October 1967) was a British statesman who was Prime Minister of the United Kingdom from 1945 to 1951 and Leader of the Labour Party (UK), Leader of the Labour Party from 1935 to 1955. Attlee was Deputy Prime Minister of the United Kingdom, Deputy Prime Minister during the Churchill war ministry, wartime coalition government under Winston Churchill, and Leader of the Opposition (United Kingdom), Leader of the Opposition on three occasions: from 1935 to 1940, briefly in 1945 and from 1951 to 1955. He remains the longest serving Labour leader. Attlee was born into an upper middle class family, the son of a wealthy London solicitor. After attending Haileybury College and the University of Oxford, he practised as a Barristers in England and Wales, barrister. The volunteer work he carried out in London's East End exposed him to poverty, and his political views shifted leftwards thereafter. He joined the Independent Labour Party ...
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Bank Of England Act 1716
The Bank of England Act 1716 ( 3 Geo. 1. c. 8) was an Act of the Parliament of Great Britain. It was one of the Bank of England Acts 1694 to 1892.The Short Titles Act 1896, section 2(1) and Schedule 2 It was partially repealed by the Statute Law Revision Act 1870, the Statute Law Revision Act 1887, the Bank Act 1892, the Bank of England Act 1946, and the Statute Law Revision Act 1948 The Statute Law Revision Act 1948 ( 11 & 12 Geo. 6. c. 62) is an act of the Parliament of the United Kingdom. Section 5(3) of the Statute Law Revision Act 1950 provided that this act, so far as it repealed chapter 34 of the Statute of West .... All remaining parts of the Act were repealed on 1995-11-08 by the Statute Law (Repeals) Act 1995. References External links * Great Britain Acts of Parliament 1716 Bank of England Repealed Great Britain Acts of Parliament Banking legislation in the United Kingdom 1716 in economic history Banking in Great Britain {{GB-statute ...
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