CDC Group
British International Investment plc, (formerly CDC Group plc, Commonwealth Development Corporation, and Colonial Development Corporation) is the development finance institution of the UK government. The Foreign, Commonwealth and Development Office is responsible for the organisation, and is the sole shareholder. It has an investment portfolio valued around US$7.1 billion (year-end 2020) and since 2011 is focused on the emerging markets of South Asia and Africa via its direct investment and cooperation with important global stakeholders such as Standard Chartered. History Formation The original Colonial Development Corporation was established as a statutory corporation in 1948 by Clement Attlee's post-war Labour government, to assist British colonies in the development of agriculture. Following the independence of many colonies, it was renamed the Commonwealth Development Corporation in 1963 and was permitted to invest outside the Commonwealth in 1969. As part of the (c. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Observer
''The Observer'' is a British newspaper published on Sundays. First published in 1791, it is the world's oldest Sunday newspaper. In 1993 it was acquired by Guardian Media Group Limited, and operated as a sister paper to ''The Guardian'' and '' The Guardian Weekly''. In December 2024, Tortoise Media acquired the paper from the Scott Trust Limited, with the transition taking place on 22 April 2025. History Origins The first issue was published on 4 December 1791 by W.S. Bourne, making ''The Observer'' the world's oldest Sunday newspaper. Believing that the paper would be a means of wealth, Bourne instead soon found himself facing debts of nearly £1,600. Though early editions purported editorial independence, Bourne attempted to cut his losses and sell the title to the government. When this failed, Bourne's brother (a wealthy businessman) made an offer to the government, which also refused to buy the paper but agreed to subsidise it in return for influence over its editori ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Development Banks
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Book Store, a bookstore and office supplies chain in the Philippines * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900–1924 * National Radio Company, Malden, Massachusetts, USA 1914–1991 * Nation ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Services Companies Of The United Kingdom
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government-owned Companies Of The United Kingdom
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 sha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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UK Government Investments
UK Government Investments (UKGI) is a company owned by the Government of the United Kingdom which combines the former functions of the Shareholder Executive and UK Financial Investments. UKGI manages a portfolio of 16 businesses, including Channel Four Television Corporation and previously NatWest Group. History The company was incorporated in 2015 and is based in London. On 30 May 2025, UKGI sold the last of the UK government's shares in NatWest Group. List of companies As of June 2025, the public sector and state owned enterprises, wholly or partially owned, which the UKGI works with are: * Atomic Weapons Establishment * British Business Bank * Channel Four Television Corporation * Eutelsat OneWeb * HM Land Registry * National Nuclear Laboratory * National Wealth Fund * Nuclear Decommissioning Authority * Ordnance Survey The Ordnance Survey (OS) is the national mapping agency for Great Britain. The agency's name indicates its original military p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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UK Export Finance
The Export Credits Guarantee Department (ECGD), branded as UK Export Finance (UKEF), is the export credit agency and a ministerial department of the Government of the United Kingdom. In 1920, UKEF had a maximum total exposure of just £26 million. Today, its maximum commitment stands at £50 billion. Activities ECGD derives its powers from the (c. 67) and undertakes its activities in accordance with specific consent from HM Treasury. ECGD was established in 1919 to promote UK exports, lost during the submarine blockade of World War I. ECGD's aim is to benefit the UK economy by helping exporters of UK goods and services to win business, and UK firms to invest overseas by providing guarantees, insurance and reinsurance against loss, taking into account HM Government's wider international policy agenda. ECGD is required by the HM Government to operate slightly better than break even, by charging premiums from exporters at levels that match the perceived risks and costs in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Crown Agents
Crown Agents Ltd is a not-for-profit international development company with head office in London, United Kingdom, and subsidiaries in the United States and Japan. Incorporated as a private limited company Crown Agents Ltd has only one shareholder – the Crown Agents Foundation, a not-for-profit company. Crown Agents Ltd's registered office is in Southwark, London. Crown Agents was placed into insolvency on the 1 August 2024. History Early history Prior to 1997, Crown Agents was a UK public statutory corporation, overseen by the British Department for International Development, Ministry of Overseas Development. Crown Agents originated as a body conducting financial transactions for British colonies. Agents were first appointed in 1749 to transfer and account for grants made to colonies from the British HM Treasury, Treasury. These representatives were known unofficially as 'Crown Agents' from at least 1758, and were accountable to colonial governments, though selected on the rec ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Development Finance Institution
Development finance institution (DFI), also known as a Development bank, is a financial institution that provides risk capital for economic development projects on a non-commercial basis. DFIs are often established and owned by governments or nonprofit organizations to finance projects that would otherwise not be able to get financing from commercial lenders. They are often structured as a company that provides loans for projects that a government or nonprofit wants to encourage for non commercial reasons. They can be at a local, national or international level. DFIs include multilateral development banks, national development banks, bilateral development banks, microfinance institutions, community development financial institution and revolving loan funds.Andrea Levere, Bill Schweke, and Beadsie Woo, Development Finance and Regional Economic Development, Washington, DC: CFED, July 2006 Mandate DFIs can play a crucial role in financing private and public sector invest ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Liz Truss
Mary Elizabeth Truss (born 26 July 1975) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party (UK), Leader of the Conservative Party from September to October 2022. On her fiftieth day Premiership of Liz Truss, in office, she stepped down amid October 2022 United Kingdom government crisis, a government crisis, making her the List of prime ministers of the United Kingdom by length of tenure, shortest-serving prime minister in British history. The Member of Parliament (United Kingdom), member of Parliament (MP) for South West Norfolk from 2010 to 2024, Truss held various Cabinet of the United Kingdom, Cabinet positions under three prime ministersDavid Cameron, Theresa May and Boris Johnsonlastly as Foreign Secretary (United Kingdom), foreign secretary from 2021 to 2022. Truss studied philosophy, politics and economics at Merton College, Oxford, and was the president of the Oxford University Liberal Democrats. In 1996 she ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sub-Saharan Africa
Sub-Saharan Africa is the area and regions of the continent of Africa that lie south of the Sahara. These include Central Africa, East Africa, Southern Africa, and West Africa. Geopolitically, in addition to the list of sovereign states and dependent territories in Africa, African countries and territories that are situated fully in that specified region, the term may also include polities that only have part of their territory located in that region, per the definition of the United Nations geoscheme for Africa, United Nations (UN). This is considered a non-standardised geographical region with the number of countries included varying from 46 to 48 depending on the organisation describing the region (e.g. United Nations, UN, World Health Organization, WHO, World Bank, etc.). The Regions of the African Union, African Union (AU) uses a different regional breakdown, recognising all 55 member states on the continent—grouping them into five distinct and standard regions. The te ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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International Development Committee
The International Development Committee is a select committee of the House of Commons in the Parliament of the United Kingdom. The remit of the committee is to examine the expenditure, administration and policy of the international aid functions of the Foreign, Commonwealth and Development Office and public bodies which work with the Office in relation to international aid and official development assistance. The Independent Commission for Aid Impact reports to this Select Committee. The committee was responsible for scrutiny of the International Development Committee's predecessor, the Department for International Development The Department for International Development (DFID) was a Departments of the Government of the United Kingdom, ministerial department of the government of the United Kingdom, from 1997 to 2020. It was responsible for administering foreign aid .... Membership Membership of the committee is as follows: Changes since 2024 2019-2024 Parliament ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |