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Chesham Amalgamations
Chesham Amalgamations is the trading name of Chesham Amalgamations & Investments Limited, a pioneering mergers and acquisitions broking company based in the UK. It was formed in 1962 by Dr Francis Singer and Nicholas Stacey, both Austro-Hungarian, at 36 Chesham Place, Belgravia, with the intention of assisting Stacey introduced Sir Miles Thomas, later Lord Thomas of Remenham, who had previously been Chairman of the British Overseas Airways Corporation, now British Airways, and President and Chairman of the National Savings Committee. Thomas later became Chairman of Chesham. The company benefitted from the formation of the Industrial Reorganisation Corporation The Industrial Reorganisation Corporation was an entity established by the Government of the United Kingdom to reorganise British industry. History The corporation was established by the First Wilson ministry in 1966 with the objective of encouragi ... by the 1966 British Labour government, which had the intention ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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British Airways
British Airways (BA) is the flag carrier airline of the United Kingdom. It is headquartered in London, England, near its main hub at Heathrow Airport. The airline is the second largest UK-based carrier, based on fleet size and passengers carried, behind easyJet. In January 2011 BA merged with Iberia, creating the International Airlines Group (IAG), a holding company registered in Madrid, Spain. IAG is the world's third-largest airline group in terms of annual revenue and the second-largest in Europe. It is listed on the London Stock Exchange and in the FTSE 100 Index. British Airways is the first passenger airline to have generated more than US$1 billion on a single air route in a year (from 1 April 2017, to 31 March 2018, on the New York-JFK - London-Heathrow route). BA was created in 1974 after a British Airways Board was established by the British government to manage the two nationalised airline corporations, British Overseas Airways Corporation and British Europea ...
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Financial Services Companies Established In 1962
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ...
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Investment Companies Of The United Kingdom
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effec ...
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Companies Based In The London Borough Of Croydon
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Neil Shields
Sir Neil Stanley Shields, OBE, MC (7 September 1919 – 12 September 2002) was a British politician and businessman. Shields was born in London and served as a major in the Royal Artillery in World War II, during which time he was awarded the Military Cross. In 1949 he unsuccessfully stood as the Conservative Party parliamentary candidate for St Pancras North. Shields served on Hampstead Borough Council between 1947 and 1965, serving as deputy leader, and as Chairman of the finance and works committees. Shields later became an adviser in merger broking, especially in the role of director of Chesham Amalgamations and Investments (1964–1984). He was Chairman of the London area of the National Union of Conservative and Unionist Associations (1961–1963), and was thrice a member of the Conservative Party National Executive. He was knighted in 1964 for political and public services in London and Hampstead. During his time as the chairman of the Commission for N ...
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Time (magazine)
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published Weekly newspaper, weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United St ...
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1966 United Kingdom General Election
The 1966 United Kingdom general election was held on 31 March 1966. The result was a landslide victory for the Labour Party led by incumbent Prime Minister Harold Wilson. Wilson decided to call a snap election since his government, elected a mere 17 months previously, in 1964, had an unworkably small majority of only four MPs. The Labour government was returned following this snap election with a much larger majority of 98 seats. This was the last general election in which the voting age was 21; Wilson's government passed an amendment to the Representation of the People Act in 1969 to include eligibility to vote at age 18, which was in place for the next general election in 1970. Background Prior to the 1966 general election, Labour had performed poorly in local elections in 1965, and lost a by-election, cutting their majority to just two. Shortly after the local elections, the leader of the Conservative Party Alec Douglas-Home was replaced by Edward Heath in the 1965 Con ...
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Industrial Reorganisation Corporation
The Industrial Reorganisation Corporation was an entity established by the Government of the United Kingdom to reorganise British industry. History The corporation was established by the First Wilson ministry in 1966 with the objective of encouraging mergers to make British industries more competitive. Its activities included facilitating the merger of GEC and AEI in 1966 and of the merger of that enlarged entity with English Electric in 1968.The Times, 22 June 1983 It also facilitated the merger of British Motor Corporation with Leyland Motors in 1968 and the merger of RHP, a ball bearing manufacturer, with Ransome & Marles Ransome & Marles Bearing Company Limited was the owner of a business making ball and roller bearings founded during the First World War to make bearings for aircraft and other engines. Before the war most bearings had been imported and most of tho ... in 1969. It was wound up by the Heath ministry in 1970. The Chairman throughout most of its life was Sir ...
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National Savings And Investments
National Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department and an executive agency of HM Treasury. The aim of NS&I has been to attract funds from individual savers in the UK for the purpose of funding the government's deficit. NS&I attracts savers through offering savings products with tax-free elements on some products, and a 100% guarantee from HM Treasury on all deposits. As of 2017, approximately 9% of the government's debt is met by funds raised through NS&I, around half of which is from the Premium Bond offering. History National Savings and Investments was founded by the Palmerston government in 1861 as the Post Office Savings Bank, the world's first postal savings system. The aim of the bank was to allow ordinary workers a facility "to provide for themselves against adversity and ill-health", and to provide the governme ...
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British Overseas Airways Corporation
British Overseas Airways Corporation (BOAC) was the United Kingdom, British state-owned airline created in 1939 by the merger of Imperial Airways and British Airways Ltd. It continued operating overseas services throughout World War II. After the passing of the Civil Aviation Act 1946, European and South American services passed to two further state-owned airlines, British European Airways (BEA) and British South American Airways (BSAA). BOAC absorbed BSAA in 1949, but BEA continued to operate British domestic and European routes for the next quarter century. A 1971 Act of Parliament merged BOAC and BEA, effective 31 March 1974, forming today's British Airways. For most of its history its main rival was Pan Am. History War years On 24 November 1939, BOAC was created by Act of Parliament to become the British state airline, formed from the merger of Imperial Airways and British Airways Ltd. The companies had been operating together since war was declared on 3 September 1 ...
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London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ...
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