Iron And Steel Act 1953
The Iron and Steel Act 1949 (12 & 13 Geo. 6. c. 72) was an Act of the Parliament of the United Kingdom which nationalised, or bought into state control, elements of the iron and steel industry in Great Britain. It established an Iron and Steel Corporation which acquired certain iron and steel companies. In a departure from earlier nationalisations the Corporation only acquired the share capital of the companies, not the undertakings themselves. The individual companies continued to operate under management Boards appointed by the corporation. The Iron and Steel Act 1949 was one of a number of Acts promulgated by the post-war Labour government to nationalise elements of the UK's industrial infrastructure; other Acts include the Coal Industry Nationalisation Act 1946; the Electricity Act 1947; Transport Act 1947 (railways and long-distance road haulage); and the Gas Act 1948. Background The involvement of the UK government in the iron and steel industry began in the interwar per ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Act Of Parliament
Acts of Parliament, sometimes referred to as primary legislation Primary legislation and secondary legislation (the latter also called delegated legislation or subordinate legislation) are two forms of law, created respectively by the legislature, legislative and executive (government), executive branches of ..., are texts of law passed by the Legislature, legislative body of a jurisdiction (often a parliament or council). In most countries with a parliamentary system of government, acts of parliament begin as a Bill (law), bill, which the legislature votes on. Depending on the structure of government, this text may then be subject to assent or approval from the Executive (government), executive branch. Bills A draft act of parliament is known as a Bill (proposed law), bill. In other words, a bill is a proposed law that needs to be discussed in the parliament before it can become a law. In territories with a Westminster system, most bills that have any possibility of becoming ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oliver Franks, Baron Franks
Oliver Shewell Franks, Baron Franks (16 February 1905 – 15 October 1992) was an English civil servant and philosopher who has been described as 'one of the founders of the postwar world'. Franks was involved in Britain's recovery after the Second World War. Knighted in 1946, he was the British Ambassador to the United States of America from 1948 to 1952, during which time he strengthened the relationship between the two countries. He was given a life peerage on 10 May 1962. Lord Franks was often called upon by the government of the day to chair important inquiries, and he is best known for his report in the aftermath of the Falklands War which ultimately exonerated the Prime Minister Margaret Thatcher and her government from charges of having failed to heed warning signals of an Argentine invasion. Early life Franks was educated at Bristol Grammar School and Queen's College, Oxford. He became an Oxford academic, and Provost of Worcester College. He was a moral philosopher ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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British Steel (1967–1999)
British Steel was a major British steel producer. It originated from the nationalised British Steel Corporation (BSC), formed in 1967, which was privatised as a public limited company, British Steel plc, in 1988. It was once a constituent of the FTSE 100 Index. The company merged with Koninklijke Hoogovens to form Corus Group in 1999. History Alasdair M. Blair (1997), Professor of International Relations and Head of the Department of Politics and Public Policy at De Montfort University, has explored the history of British Steel since the Second World War to evaluate the impact of government intervention in a market economy. He suggests that entrepreneurship was lacking in the 1940s; the government could not persuade the industry to upgrade its plants. For generations, the industry had followed a piecemeal growth pattern that proved relatively inefficient in the face of world competition. The Labour Party came to power at the 1945 general election, pledging to bring several ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Richard Thomas And Baldwins
Richard Thomas and Baldwins Ltd (RTB) was a major iron, steel and tinplate producer, primarily based in Wales and formed in 1948 by the merger of Richard Thomas & Co Ltd with Baldwins Ltd. It was absorbed into British Steel Corporation in 1967. The business now forms part of Corus, a subsidiary of Tata Steel. Richard Thomas & Co Richard Thomas & Co Ltd was an iron, steel and tinplate producer and colliery proprietor. The founder, Richard Thomas (died 1916), leased two tinplate works in Gloucestershire: Lydbrook in 1871 and Lydney in 1876. He went on to acquire local collieries and, in 1888, the Melingriffith Tin Plate Works near Cardiff. Richard Thomas & Co, in which Thomas was succeeded as managing director by his son, Richard Beaumont Thomas, in 1888, became one of the principal tinplate manufacturers in the UK. The Ebbw Vale Steel Iron and Coal Company was taken over by Richard Thomas & Co in 1936, and a new steel plant and strip mill was erected in the town. Baldwins ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1951 United Kingdom General Election
The 1951 United Kingdom general election was held twenty months after the 1950 general election, which the Labour Party had won with a slim majority of just five seats. The Labour government called a snap election for Thursday 25 October 1951 in the hope of increasing its parliamentary majority. However, despite winning the popular vote and achieving both the highest-ever total vote (until it was surpassed by the Conservative Party in 1992 and again in 2019) and highest percentage vote share, Labour won fewer seats than the Conservative Party. This was mainly due to the collapse of the Liberal vote, which enabled the Conservatives to win seats by default. The election marked the return of Winston Churchill as Prime Minister, and the beginning of Labour's thirteen-year spell in opposition. This was the third and final general election to be held during the reign of King George VI, for he died the following year on 6 February and was succeeded by his daughter, Elizabeth II. I ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Iron And Steel Corporation Of Great Britain
The Iron and Steel Corporation of Great Britain was a nationalised industry, set up in 1949 by Clement Attlee's Labour government. The Iron & Steel Act 1949 took effect on 15 February 1951, the Corporation becoming the sole shareholder of 80 of the principal iron and steel companies (reduced from the 107 proposed in the first draft of the Bill). The model differed from previous nationalisations in that it was the share capital of the companies that was acquired, not their undertakings. The reason was that companies in the iron & steel industry had wide-ranging ancillary activities, from which the core business of iron & steel making could not easily be extracted. Firms whose chief activity consisted in the manufacture of motor vehicles were specifically excluded from the scheme. Companies not qualifying for acquisition were to require a licence if producing more than 5,000 tons of ore or other products. Some 2,000 iron & steel companies remained in business outside the nationalis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Minister Of Supply
The Minister of Supply was the minister in the British Government responsible for the Ministry of Supply, which existed to co-ordinate the supply of equipment to the national armed forces. The position was campaigned for by many sceptics of the foreign policy of the National Government in the 1930s before finally being created in 1939. In World War II there was a separate Ministry of Aircraft Production; the first minister Beaverbrook later became Minister of Supply. When W. A. Robotham was Chief Engineer of Tank Design in the Ministry of Supply, he demanded sound manganese steel castings for tank tracks, as a broken track could be a death warrant for the crew. The Beaver ''"rightly"'' accused him of holding up production, and took a poor view of Robotham's observation ''"that they had enough unreliable tanks to last us the rest of the war!"''. In July 1941, 25% of British tanks were immobilised from mechanical failure, although there was no enemy action in the theatres of war! ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Iron And Steel Board
The Iron and Steel Board was a governmental body, originally established in 1946, to supervise the work and development of the United Kingdom iron and steel industry. It was reestablished in 1953 and was abolished in 1967. Iron and Steel Board 1946-48 In 1946 the Labour government established an Iron and Steel Board to control the price of raw materials, finished products, and steel imports; and to regulate investment, pooling arrangements, and the development of new plant and equipment. Board members were appointed by the Minister of Supply and represented industry employers, workers and consumers. Personnel The Board originally comprised: * Sir Archibald Forbes (chairman) * Sir Alan Barlow * A. Callighan * Sir Lincoln Evans * G. H. Latham * R. Mather * Sir Wilfred Ayre * A. C. Boddis (secretary) The Board was staffed by about 100 civil servants from the Ministry of Supply. Nationalisation The Board received little cooperation from the British Iron and Steel Federation. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ministry Of Supply
The Ministry of Supply (MoS) was a department of the UK government formed in 1939 to co-ordinate the supply of equipment to all three British armed forces, headed by the Minister of Supply. A separate ministry, however, was responsible for aircraft production, and the Admiralty retained responsibilities for supplying the Royal Navy.Hornby (1958) During the war years the MoS was based at Shell Mex House in The Strand, London. The Ministry of Supply also took over all army research establishments in 1939. The Ministry of Aircraft Production was abolished in 1946, and the MoS took over its responsibilities for aircraft, including the associated research establishments. In the same year, it also took on increased responsibilities for atomic weapons, including the H-bomb development programme. The Ministry of Supply was abolished in late 1959 and its responsibilities passed to the Ministry of Aviation, the War Office, and the Air Ministry. The latter two ministries were subs ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Parliament Of The United Kingdom
The Parliament of the United Kingdom is the Parliamentary sovereignty in the United Kingdom, supreme Legislature, legislative body of the United Kingdom, the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster, London. It alone possesses Parliamentary sovereignty, legislative supremacy and thereby ultimate power over all other political bodies in the UK and the overseas territories. Parliament is Bicameralism, bicameral but has three parts, consisting of the Monarchy of the United Kingdom, sovereign (King-in-Parliament), the House of Lords, and the House of Commons of the United Kingdom, House of Commons (the Parliament Acts 1911 and 1949, primary chamber). In theory, power is officially vested in the Queen-in-Parliament, King-in-Parliament. However, the Crown normally acts on the Advice (constitutional), advice of the prime minister, and the powers of the House of Lords are limited to only delaying legislation; thus power is ''de facto ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Interwar Britain
In the United Kingdom, the interwar period (1918–1939) was a period of relative stability after the division of Ireland, though of economic stagnation. In politics, the Liberal Party collapsed and the Labour Party became the main challenger to the dominant Conservative Party throughout the period. The Great Depression affected Britain less severely economically and politically than other major nations, although some areas still suffered from severe long-term unemployment and hardship, especially mining districts and in Scotland and North West England. Historian Arthur Marwick sees a radical transformation of British society resulting from the Great War, a deluge that swept away many old attitudes and brought in a more egalitarian society. He sees the famous literary pessimism of the 1920s as misplaced, arguing there were major positive long-term consequences of the war for British society. He points to an energised self-consciousness among workers that quickly built up ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gas Act 1948
The Gas Act 1948 (11 & 12 Geo. 6. c. 67) was an Act of the Parliament of the United Kingdom which nationalised, or bought into state control, the gas making and supply industry in Great Britain. It established 12 Area Gas Boards to own and operate all public gas making, distribution and sales facilities and created a central authority: the Gas Council. It vested the existing local authority and company owned gas undertakings into the Area Boards with effect from 1 May 1949. The Gas Act 1948 was one of a number of Acts promulgated by the post-war Labour government to nationalise elements of the UK's industrial infrastructure; other Acts include the Coal Industry Nationalisation Act 1946; the Electricity Act 1947; Transport Act 1947 (railways and long-distance road haulage); and the Iron and Steel Act 1949. Background Prior to nationalisation of the gas industry there were about 1,064 gas supply undertakings in Britain; about one-third were municipal local authority undertaking ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |