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Chancellorship Of Gordon Brown
Gordon Brown served as Chancellor of the Exchequer of the United Kingdom from 2 May 1997 to 27 June 2007. His tenure was marked by major reform of Britain's monetary and fiscal policy architecture, transferring interest rate setting powers to the Bank of England, by a wide extension of the powers of the Treasury to cover much domestic policy and by transferring responsibility for banking supervision to the Financial Services Authority. Brown presided over the longest period of sustained economic growth in British history. Brown was appointed chancellor by Prime Minister Tony Blair following Labour's victory in the 1997 general election, its largest landslide general election victory in history, and served in the role throughout Blair's premiership. One of Brown's first acts as chancellor was to grant the Bank of England the freedom to set the UK's interest rate, a decision that had previously been the responsibility of the chancellor. Brown was reappointed chancellor following L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gordon Brown
James Gordon Brown (born 20 February 1951) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. Previously, he was Chancellor of the Exchequer from 1997 to 2007 under Tony Blair. Brown was Member of Parliament (United Kingdom), Member of Parliament (MP) for Dunfermline East (UK Parliament constituency), Dunfermline East from 1983 to 2005 and for Kirkcaldy and Cowdenbeath from 2005 to 2015. He has served as Special Envoy of the Secretary-General, United Nations Special Envoy for Global Education since 2012, and he was appointed as WHO Goodwill Ambassador, World Health Organization Ambassador for Global Health Financing in 2021. A Doctor of Philosophy, doctoral graduate, Brown studied history at the University of Edinburgh. He spent his early career as a lecturer at a further education college and as a television journalist. Brown was elected to the House of Commons of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Premiership Of Tony Blair
Tony Blair's tenure as Prime Minister of the United Kingdom began on 2 May 1997 when he accepted an invitation from Queen Elizabeth II to form a government, succeeding John Major of the Conservative Party (UK), Conservative Party, and ended on 27 June 2007 upon his resignation. As prime minister, Blair also served simultaneously as First Lord of the Treasury, Minister for the Civil Service, and Leader of the Labour Party (UK), Leader of the Labour Party. He and Gordon Brown both extensively used the New Labour branding while in office, which was presented as the brand of a newly reformed party that had altered Clause IV and endorsed market economics. He is the second-List of prime ministers of the United Kingdom by length of tenure, longest-serving prime minister in post-war British history after Margaret Thatcher, the longest-serving Labour Party (UK), Labour politician to have held the office, and the first and only person to date to lead the party to three consecutive general ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UK History
The history of the United Kingdom begins in 1707 with the Treaty of Union and Acts of Union. The core of the United Kingdom as a unified state came into being with the political union of the kingdoms of England and Scotland, into a new unitary state called Great Britain. Of this new state, the historian Simon Schama said: The Acts of Union 1800 added the Kingdom of Ireland to create the United Kingdom of Great Britain and Ireland. The first decades were marked by Jacobite risings which ended with defeat for the Stuart cause at the Battle of Culloden in 1746. In 1763, victory in the Seven Years' War led to the growth of the First British Empire. With defeat by the United States, France and Spain in the War of American Independence, Great Britain lost its 13 American colonies and rebuilt a Second British Empire based in Asia and Africa. As a result, British culture, and its technological, political, constitutional, and linguistic influence, became worldwide. Politically t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Ewart Gladstone
William Ewart Gladstone ( ; 29 December 1809 – 19 May 1898) was a British politican, starting as Conservative MP for Newark and later becoming the leader of the Liberal Party (UK), Liberal Party. In a career lasting over 60 years, he was Prime Minister of the United Kingdom for 12 years, spread over four non-consecutive terms (the most of any British prime minister) beginning in 1868 and ending in 1894. He also was Chancellor of the Exchequer four times, for over 12 years. He was a Member of Parliament (United Kingdom), Member of Parliament (MP) for 60 years, from 1832 to 1845 and from 1847 to 1895; during that time he represented a total of five Constituencies of the Parliament of the United Kingdom, constituencies. Gladstone was born in Liverpool to Scottish people, Scottish parents. He first entered the House of Commons of the United Kingdom, House of Commons in 1832, beginning his political career as a High Tory, a grouping that became the Conservative Party (UK), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Lloyd George
David Lloyd George, 1st Earl Lloyd-George of Dwyfor (17 January 1863 – 26 March 1945) was Prime Minister of the United Kingdom from 1916 to 1922. A Liberal Party (United Kingdom), Liberal Party politician from Wales, he was known for leading the United Kingdom of Great Britain and Ireland, United Kingdom during the First World War, for social-reform policies, for his role in the Paris Peace Conference (1919–1920), Paris Peace Conference, and for negotiating the establishment of the Irish Free State. Born in Chorlton-on-Medlock, Manchester, and raised in Llanystumdwy, Lloyd George gained a reputation as an orator and proponent of a Welsh blend of radical Liberal ideas that included support for Welsh devolution, the Disestablishment of the Church in Wales, disestablishment of the Church of England in Wales, equality for labourers and tenant farmers, and reform of land ownership. He won 1890 Caernarvon Boroughs by-election, an 1890 by-election to become the Member of Parliam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reform Act 1832
The Representation of the People Act 1832 (also known as the Reform Act 1832, Great Reform Act or First Reform Act) was an act of the Parliament of the United Kingdom (indexed as 2 & 3 Will. 4. c. 45), enacted by the Whig government of Prime Minister Charles Grey, 2nd Earl Grey, introducing major changes to the electoral system of England and Wales, expanding the electorate in the United Kingdom. The legislation granted the right to vote to a broader segment of the male population by standardizing property qualifications, extending the franchise to small landowners, tenant farmers, shopkeepers, and all householders who paid a yearly rental of £10 or more. The act also reapportioned constituencies to address the unequal distribution of seats. The act of England and Wales was accompanied by the Scottish Reform Act 1832 and Irish Reform Act 1832, respectively. Before the reform, most members of Parliament nominally represented boroughs. However, the number of electors in a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denis Healey
Denis Winston Healey, Baron Healey (30 August 1917 – 3 October 2015) was a British Labour Party politician who served as Chancellor of the Exchequer from 1974 to 1979 and as Secretary of State for Defence from 1964 to 1970; he remains the longest-serving Defence Secretary to date. He was a Member of Parliament from 1952 to 1992, and was Deputy Leader of the Labour Party from 1980 to 1983. To the public at large, Healey became well known for his bushy eyebrows, his avuncular manner and his creative turns of phrase. Healey attended the University of Oxford and served as a Major in the Second World War. He was later an agent for the Information Research Department (IRD), a secret branch of the Foreign Office dedicated to spreading anti-communist propaganda during the early Cold War. Healey was first elected to Parliament in a by-election in 1952 for the seat of Leeds South East. He moved to the seat of Leeds East at the 1955 election, which he represented until his retireme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1999 United Kingdom Budget
The 1999 United Kingdom Budget, officially known as Budget 99: Building a Stronger Economic Future for Britain was the formal government budget for the year 1999. Background The budget took place during a period of continuing economic expansion, shortly after the launch of the Euro currency on 1 January 1999, and at the tail end of the dot-com bubble. During 1998, net public sector debt stood at £361.2 billion, 35.6 per cent of GDP. Interest rates had declined rapidly over the previous twelve months from a peak of 7.5 per cent in June 1998 to 5.5 per cent by February 1999, whilst inflation during 1998 was recorded at 1.6 per cent (CPI) and 3.4 per cent (RPI). Budget measures A new starting rate of income tax at 10 per cent was to be introduced in April 1999. Basic rate income tax was to be reduced from 23 per cent to 22 per cent in April 2000. The budget also abolished the married couple's allowance for under-65s and MIRAS mortgage interest relief from April 2000. Child t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Starting Rate Of UK Income Tax
The starting rate of income tax, known as the 10p rate (also referred to as 10p tax band), was a special rate of personal income taxation in the United Kingdom that existed from 1999 to 2008. Description The 10p rate was the lowest rate of income tax in the United Kingdom. It meant that certain incomes above the personal allowance would be taxed at a basic rate of 10%, which meant a reduced rate compared with the previous basic UK income tax rate of 23%. History Introduction The reduced tax rate for low incomes was introduced in Gordon Brown's third budget as Chancellor of the Exchequer. Brown said of its introduction: "The 10p rate is very important because it's a signal about the importance we attach about getting people into work and it's of most importance to the low paid. This is not about gimmicks; this is about tax reform that encourages work and families, on the families side it is replacing what was an anomalous married couples' allowance and replace it with a child ta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1999–2002 Sale Of United Kingdom Gold Reserves
The sale of UK gold reserves was a policy pursued by HM Treasury over the period between 1999 and 2002, when gold prices were at their lowest in 20 years, following an extended bear market. The period itself has been dubbed by some commentators as the Brown Bottom or Brown's Bottom. The period takes its name from Gordon Brown, the Chancellor of the Exchequer, who decided to sell approximately half of the UK's gold reserves in a series of auctions. This amounted to 395 tonnes of gold sold for $3.5 billion. The gold price increased at an average of 8% annually in the 25 years from 1999–2024. Events The UK government's intention to sell gold and reinvest the proceeds in foreign currency deposits, including euros, was announced on 7 May 1999, when the price of gold stood at US$282.40 per ounce (cf. the price in 1980: $850/oz) The official stated reason for this sale was to diversify the assets of the UK's reserves away from gold, which was deemed to be too volatile. However, man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
