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General Strike Of 1926
The 1926 general strike in the United Kingdom was a general strike that lasted nine days, from 4 to 12 May 1926. It was called by the General Council of the Trades Union Congress (TUC) in an unsuccessful attempt to force the British government to act to prevent wage reductions and worsening conditions for 1.2 million locked-out coal miners. Some 1.7 million workers went out, especially in transport and heavy industry. It was a sympathy strike, with many of those who were not miners and not directly affected striking to support the locked-out miners. The government was well prepared, and enlisted middle class volunteers to maintain essential services. There was little violence and the TUC gave up in defeat. Causes From 1914 to 1918, the United Kingdom participated in World War I. Heavy domestic use of coal during the war depleted once-rich seams. Britain exported less coal during the war than it would have in peacetime, allowing other countries to fill the gap. This ...
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Tyldesley
Tyldesley () is a market town in the Metropolitan Borough of Wigan in Greater Manchester, England. Within the boundaries of the Historic counties of England, historic county of Lancashire, it is north of Chat Moss near the foothills of the West Pennine Moors, southeast of Wigan and northwest of Manchester. At the United Kingdom Census 2001, the Tyldesley built-up area subdivision, excluding Shakerley, had a population of 16,142. The remains of a Roman road passing through the township on its ancient course between ''Coccium'' (Wigan) and ''Mamucium'' (Manchester) were evident during the 19th century. Following the Anglo-Saxon settlement of Britain, Tyldesley was part of the manor of Warrington, until the Norman Conquest of England, when the settlement constituted a Township (England), township called Tyldesley-with-Shakerley in the ancient parish of Leigh, Greater Manchester, Leigh. The factory system and textile manufacture during the Industrial Revolution triggered populat ...
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History Of The United Kingdom During The First World War
The United Kingdom of Great Britain and Ireland, United Kingdom was a leading Allies of World War I, Allied Power during the First World War of 1914–1918. They fought against the Central Powers, mainly German Empire, Germany. The armed forces were greatly expanded and reorganised—the war marked the founding of the Royal Air Force. The highly controversial introduction, in January 1916, of conscription for the first time in British history followed the raising of one of the largest all-volunteer armies in history, known as Kitchener's Army, of more than 2,000,000 men. The outbreak of war was a socially unifying event. Enthusiasm was widespread in 1914, and was similar to that across Europe. On the eve of war, there was serious domestic unrest amongst the labour and suffrage movements and especially in Ireland. But those conflicts were postponed. Significant sacrifices were called for in the name of defeating the Empire's enemies and many of those who could not fight contr ...
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Royal Commission
A royal commission is a major ad-hoc formal public inquiry into a defined issue in some monarchies. They have been held in the United Kingdom, Australia, Canada, New Zealand, Norway, Malaysia, Mauritius and Saudi Arabia. In republics an equivalent entity may be termed a commission of inquiry. Such an inquiry has considerable powers, typically equivalent or greater than those of a judge but restricted to the terms of reference for which it was created. These powers may include subpoenaing witnesses, notably video evidences, taking evidence under oath and requesting documents. The commission is created by the head of state (the sovereign, or their representative in the form of a governor-general or governor) on the advice of the government and formally appointed by letters patent. In practice—unlike lesser forms of inquiry—once a commission has started the government cannot stop it. Consequently, governments are usually very careful about framing the terms of reference a ...
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Special Committee Of The General Council Of The Trades Union Congress
Special or specials may refer to: Policing * Specials, Ulster Special Constabulary, the Northern Ireland police force * Specials, Special Constable, an auxiliary, volunteer, or temporary; police worker or police officer * Special police forces Military * Special forces * Special operations Literature * ''Specials'' (novel), a novel by Scott Westerfeld * ''Specials'', the comic book heroes, see ''Rising Stars'' (comic) Film and television * Special (lighting), a stage light that is used for a single, specific purpose * ''Special'' (film), a 2006 scifi dramedy * ''The Specials'' (2000 film), a comedy film about a group of superheroes * Special 26, a 2013 Indian Hindi-language period heist thriller film * ''The Specials'' (2019 film), a film by Olivier Nakache and Éric Toledano * Television special, television programming that temporarily replaces scheduled programming * ''Special'' (TV series), a 2019 Netflix Original TV series * ''Specials'' (TV series), a 1991 TV seri ...
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Working Hours
Working time or laboring time is the period of time that a person spends at paid labor. Unpaid labor such as personal housework or caring for children or pets is not considered part of the working week. Many countries regulate the work week by law, such as stipulating minimum daily rest periods, annual holidays, and a maximum number of working hours per week. Working time may vary from person to person, often depending on economic conditions, location, culture, lifestyle choice, and the profitability of the individual's livelihood. For example, someone who is supporting children and paying a large mortgage might need to work more hours to meet basic costs of living than someone of the same earning power with lower housing costs. In developed countries like the United Kingdom, some workers are part-time because they are unable to find full-time work, but many choose reduced work hours to care for children or other family; some choose it simply to increase leisure time. S ...
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£sd
file:Guildhall Museum Collection- Drusilla Dunford Money Table Sampler 3304.JPG, A Sampler (needlework), sampler in the Rochester Guildhall, Guildhall Museum of Rochester, Medway, Rochester illustrates the conversion between pence and shillings and shillings and pounds. file:Cash register (8058279685) (2).jpg, Old till in Ireland, with "shortcut" keys in various £sd denominations (lower numbers) and their "new pence" equivalent (upper numbers) file:TOY (FindID 748865).jpg, Play money, Toy coin, which teaches children the value of a shilling £sd (occasionally written Lsd, spoken as "pounds, shillings, and pence" or pronounced ) is the popular name for the pre-decimal currency, currencies once common throughout Europe. The abbreviation originates from the Ancient Roman units of measurement, Latin currency denominations , , and . In the British Isles, these were referred to as ''pound sterling, pounds'', ''shillings'', and ''pence'' (''pence'' being the plural of ''penny''). Un ...
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Interest Rates
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed. The annual interest rate is the rate over a period of one year. Other interest rates apply over different periods, such as a month or a day, but they are usually annualized. The interest rate has been characterized as "an index of the preference . . . for a dollar of present ncomeover a dollar of future income". The borrower wants, or needs, to have money sooner, and is willing to pay a fee—the interest rate—for that privilege. Influencing factors Interest rates vary according to: * the government's directives to the central bank to accomplish the government's goals * the currency of the principal sum lent or borrowed * the term to mat ...
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British Pound
Sterling (Currency symbol, symbol: Pound sign, £; ISO 4217, currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of account, unit of sterling, and the word ''Pound (currency), pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that special drawing rights#Value definition, calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in Foreign exchange reserves, global reserves. The Bank of England is the central bank for sterling, issui ...
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Gold Standard
A gold standard is a backed currency, monetary system in which the standard economics, economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the w ...
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Chancellor Of The Exchequer
The chancellor of the exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, the chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always second lord of the Treasury as one of at least six Lords Commissioners of the Treasury, lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerl ...
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Winston Churchill
Sir Winston Leonard Spencer Churchill (30 November 1874 – 24 January 1965) was a British statesman, military officer, and writer who was Prime Minister of the United Kingdom from 1940 to 1945 (Winston Churchill in the Second World War, during the Second World War) and again from 1951 to 1955. For some 62 of the years between 1900 and 1964, he was a Member of Parliament (United Kingdom), member of parliament (MP) and represented a total of five Constituencies of the Parliament of the United Kingdom, constituencies over that time. Ideologically an adherent to economic liberalism and imperialism, he was for most of his career a member of the Conservative Party (UK), Conservative Party, which he led from 1940 to 1955. He was a member of the Liberal Party (UK), Liberal Party from 1904 to 1924. Of mixed English and American parentage, Churchill was born in Oxfordshire into the wealthy, aristocratic Spencer family. He joined the British Army in 1895 and saw action in British R ...
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World War I Reparations
Following their defeat in World War I, the Central Powers agreed to pay war reparations to the Allied Powers. Each defeated power was required to make payments in either cash or kind. Because of the financial situation in Austria, Hungary, and Turkey after the war, few to no reparations were paid and the requirements for reparations were cancelled. Bulgaria, having paid only a fraction of what was required, saw its reparation figure reduced and then cancelled. Historians have recognized the German requirement to pay reparations as the "chief battleground of the post-war era" and "the focus of the power struggle between France and Germany over whether the Versailles Treaty was to be enforced or revised." The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required the Central Powers to pay 132 billion gold marks at the time which is US$605. billion in 2025) in reparations to cover civilian damage caused during the war. This figure was divide ...
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