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Exchequer Secretary To The Treasury
The Exchequer Secretary to the Treasury is a junior ministerial post in His Majesty's Treasury, ranked below the First Lord of the Treasury, the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster General and the Financial Secretary to the Treasury, and alongside the Economic Secretary to the Treasury. It ranks at Parliamentary Secretary level and the holder does not attend Cabinet. The first Exchequer Secretary was Phillip Oppenheim, who held the post from 23 July 1996 to 2 May 1997, when he lost his seat in the general election that brought Tony Blair to power. After a period of abeyance, the office was reinstated upon Gordon Brown's accession as Prime Minister in June 2007, when Angela Eagle was appointed Exchequer Secretary. The office again fell out of use in July 2016 when Theresa May became Prime Minister, before she reinstated it following the 2017 general election. The position was held by Helen Whately, having been held by Kemi Badeno ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Election
A general election is an electoral process to choose most or all members of a governing body at the same time. They are distinct from By-election, by-elections, which fill individual seats that have become vacant between general elections. General elections typically occur at regular intervals as mandated by a country's constitution or electoral laws, and may include elections for a legislature and sometimes other positions such as a directly elected president. In many jurisdictions, general elections can coincide with other electoral events such as Local government, local, Region, regional, or Supranational union, supranational elections. For example, on 25 May 2014, Belgian voters simultaneously elected their national parliament, 21 members of the European Parliament, and regional parliaments. In Politics of the United States, the United States, "general election" has a slightly different, but related meaning: the ordinary electoral competition following the selection of candid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Excise
file:Lincoln Beer Stamp 1871.JPG, upright=1.2, 1871 U.S. Revenue stamp for 1/6 barrel of beer. Brewers would receive the stamp sheets, cut them into individual stamps, cancel them, and paste them over the Bunghole, bung of the beer barrel so when the barrel was tapped it would destroy the stamp. An excise, or excise tax, is any duty (economics), duty on manufactured goods (economics), goods that is normally levied at the moment of manufacture for internal consumption rather than at sale. It is therefore a fee that must be paid in order to consume certain products. Excises are often associated with customs duties, which are levied on pre-existing goods when they cross a designated border in a specific direction; customs are levied on goods that become taxable items at the ''border'', while excise is levied on goods that came into existence ''inland''. An excise is considered an indirect tax, meaning that the producer or seller who pays the levy to the government is expected to try ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Credit
A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases. Another way to think of a tax credit is as a rebate. Refundable vs. non-refundable A refundable tax credit is one which, if the credit exceeds the taxes due, the government pays back to the taxpayer the difference. In other words, it makes possible a negative tax liability. For example, if a taxpayer has an initial tax liability of $100 and applies a $300 tax credit, then the taxpayer ends with a liability of –$200 and the government refunds to the taxpayer that $200. With a non-refundable tax credit, if the credit exceeds the taxes due then the taxpayer pays nothing but does not receive the difference. In this case, the taxpayer from the example would end with a tax liability of $0 (i.e. they could ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Research And Development
Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process. Although R&D activities may differ across businesses, the primary goal of an R&D department is to new product development, develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. R&D is crucial for acquiring larger shares of the market through new products. ''R&D&I'' represents R&D with innovation. Background New product design and development is often a crucial factor in the survival of a company. In a global industrial landscape that is changing fast, firms must continually revise their design and range of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small Business
Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy. The qualifications vary depending on the country and industry. Small businesses range from fifteen employees under the Australian ''Fair Work Australia, Fair Work Act 2009'', fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S. Small Business Administration programs. While small businesses can be classified according to other methods, such as annual revenues, shipments, sales, assets, annual gross, net revenue, net profits, the number of employees is one of the most widely used measures. Small businesses in many countries include service or retail operations such as convenience sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Official Opposition Frontbench
The frontbench of His Majesty's Loyal Opposition in the Parliament of the United Kingdom consists of the Shadow Cabinet and other official shadow ministers of the political party currently serving as the Official Opposition. The Opposition front bench provide Parliamentary opposition to the British Government frontbench and has been the Conservative Party since 5 July 2024. The current Leader of the Opposition is Kemi Badenoch, following her victory in the 2024 Conservative Party Leadership Election. Key Leader of the Opposition and Cabinet Office Foreign relations Law and order Economy Social services Environment Culture Transport Devolved and local government Parliament See also * British Government frontbench * Cabinet of the United Kingdom * Leader of the Opposition (United Kingdom) * List of British shadow cabinets * Official Opposition Shadow Cabinet * Parliamentary opposition Parliamentary opposi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shadow Exchequer Secretary To The Treasury
The shadow exchequer secretary to the treasury is a member of the Official Opposition frontbench in the United Kingdom. The officeholder shadows the exchequer secretary to the treasury The Exchequer Secretary to the Treasury is a junior ministerial post in His Majesty's Treasury, ranked below the First Lord of the Treasury, the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster General and the Finan .... The current officeholder is Conservative MP James Wild shadowing James Murray on the Treasury bench. List References Official Opposition (United Kingdom) {{UK-poli-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kemi Badenoch
Olukemi Olufunto Adegoke Badenoch (' Adegoke; born 2 January 1980) is a British politician who has served as Leader of the Opposition (United Kingdom), Leader of the Opposition and Leader of the Conservative Party (UK), Leader of the Conservative Party since November 2024. Badenoch previously worked in the Cabinet of the United Kingdom, Cabinet for Prime Minister of the United Kingdom, prime ministers Liz Truss and Rishi Sunak from 2022 to 2024. She was elected Member of Parliament (United Kingdom), Member of Parliament (MP) for North West Essex (UK Parliament constituency), North West Essex, previously Saffron Walden (UK Parliament constituency), Saffron Walden, in 2017. In 2012, Badenoch unsuccessfully contested a seat in the London Assembly, but became a member of the London Assembly after Victoria Borwick was elected as an MP in 2015. A supporter of Brexit in the 2016 United Kingdom European Union membership referendum, 2016 referendum, Badenoch was elected to the House of C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Helen Whately
Helen Olivia Bicknell Whately (''née'' Lightwood; born 23 June 1976) is a British Conservative Party politician who has served as Member of Parliament (MP) for Faversham and Mid Kent since 2015 and Shadow Secretary of State for Work and Pensions since November 2024. She was Shadow Secretary of State for Transport from July to November 2024 and Minister of State for Social Care from October 2022 to July 2024, as too previously from 2020 to 2021. She also served as Exchequer Secretary to the Treasury from 2021 to 2022. Whately was appointed Deputy Chair of the Conservative Party by Theresa May in 2019, and was retained in the post by new Prime Minister Boris Johnson. She served as Parliamentary Under-Secretary of State for Arts, Heritage and Tourism from September 2019 to February 2020. In the 2020 Cabinet reshuffle, Johnson moved her to the post of Minister of State for Social Care. Whately was the Social Care Minister during the COVID-19 pandemic in the United Kingdom. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2017 United Kingdom General Election
The 2017 United Kingdom general election was held on Thursday 8 June 2017, two years after the 2015 United Kingdom general election, previous general election in 2015; it was the first since 1992 United Kingdom general election, 1992 to be held on a day that did not coincide with any local elections. The governing Conservative Party (UK), Conservative Party led by Prime Minister of the United Kingdom, Prime Minister Theresa May remained the largest single party in the House of Commons but lost its small overall majority, resulting in the formation of a Conservative minority government with a confidence and supply Conservative–DUP agreement, agreement with the Democratic Unionist Party (DUP) of Northern Ireland. The Conservative Party, which had governed as a senior Cameron–Clegg coalition, coalition partner from 2010 United Kingdom general election, 2010 and as a single-party majority government from 2015 United Kingdom general election, 2015, was led by May as Prime Ministe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Theresa May
Theresa Mary May, Baroness May of Maidenhead (; ; born 1 October 1956), is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2016 to 2019. She previously served as Home Secretary from 2010 to 2016. She was Member of Parliament (MP) for Maidenhead from 1997 to 2024, and has been a member of the House of Lords since August 2024. May was the second female British prime minister, after Margaret Thatcher, and the first woman to have held two of the Great Offices of State. May is a one-nation conservative. May grew up in Oxfordshire and attended St Hugh's College, Oxford. After graduating in 1977, she worked at the Bank of England and the Association for Payment Clearing Services. She also served as a councillor on Merton London Borough Council. After two unsuccessful attempts to be elected to the House of Commons, she was elected MP for Maidenhead at the 1997 general election. From 1999 to 2010, May held several ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
