Lord Adair Turner
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Lord Adair Turner
Jonathan Adair Turner, Baron Turner of Ecchinswell (born 5 October 1955) is a British businessman and academic who was Chairman of the Financial Services Authority during the 2008 financial crisis and the Great Recession, serving from September 2008 until its abolition in March 2013. He is a former chairman of the Pensions Commission and the Committee on Climate Change, as well as a former Director-General of the Confederation of British Industry. He has described himself in a BBC HARDtalk interview with Stephen Sackur as a ' technocrat'. He is a vocal advocate of monetary financing and "helicopter money" whereby central banks would directly finance government spending or cash distribution to citizens. Since 2010, he has written monthly opinion columns on economic and regulatory policy for Project Syndicate. Early life Adair Turner was born in Ipswich. He grew up in Crawley and East Kilbride (both new towns. His father Geoffrey was a University of Liverpool-educated town planner ...
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The Right Honourable
''The Right Honourable'' (abbreviation: The Rt Hon. or variations) is an honorific Style (form of address), style traditionally applied to certain persons and collective bodies in the United Kingdom, the former British Empire, and the Commonwealth of Nations. The term is predominantly used today as a style associated with the holding of certain senior public offices in the United Kingdom, Canada, New Zealand, and, to a lesser extent, Australia. ''Right'' in this context is an adverb meaning 'very' or 'fully'. Grammatically, ''The Right Honourable'' is an adjectival phrase which gives information about a person. As such, it is not considered correct to apply it in direct address, nor to use it on its own as a title in place of a name; but rather it is used in the Grammatical person, third person along with a name or noun to be modified. ''Right'' may be abbreviated to ''Rt'', and ''Honourable'' to ''Hon.'', or both. ''The'' is sometimes dropped in written abbreviated form, but is ...
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Monetary Financing
Debt monetization or monetary financing is the practice of a government borrowing money from the central bank to finance public spending instead of selling bonds to private investors or raising taxes. The central banks who buy government debt, are essentially creating new money in the process to do so. This practice is often informally and pejoratively called printing money or (net) money creation. It is prohibited in many countries, because it is considered dangerous due to the risk of creating runaway inflation. Forms of monetary financing Monetary financing can take various forms depending on the motivating policies and purposes. The central bank can directly purchase Government debt that would otherwise have been offered to public sector investors in the financial markets, or the government can simply be allowed to have a negative treasury balance. In either case, new money is created and government debt to private parties does not increase. Direct forms of monetary f ...
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Cambridge University Conservative Association
The Cambridge University Conservative Association, or CUCA, is a student political society founded 1921, as a Conservative Association for students at Cambridge University, although it has earlier roots in the late nineteenth century. CUCA is not affiliated with the nationwide youth branch of the Conservative Party, the Young Conservatives, but is a fully independent Association distinct from other Conservative youth organisations. The association puts on a range of events for its members each term, notably its ‘Port & Policy’ debates, as well as addresses from a number of high-profile speakers. History The earliest incarnation of the Cambridge University Conservative Association was established in 1882, but lasted only a few months before dissolving. By 1884, Cambridge Conservatives launched a new group – the Cambridge University Carlton Club. This served primarily as a dining society, and existed for the next twenty years. However, shortly after the Conservative governm ...
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Cambridge Union
The Cambridge Union Society, also known as the Cambridge Union, is a historic debating and free speech society in Cambridge, England, and the largest society in the University of Cambridge. The society was founded in 1815 making it the oldest continuously running debating society in the world. Additionally, the Cambridge Union has served as a model for the foundation of similar societies at several other prominent universities, including the Oxford Union and the Yale Political Union. The Union is a private society with membership open to all students of Cambridge University and Anglia Ruskin University. The Cambridge Union is a registered charity and is completely separate from the Cambridge University Students' Union. The Cambridge Union has a long and extensive tradition of hosting prominent figures from all areas of public life in its chamber, both state- and international-based, including the Dalai Lama, US presidents Theodore Roosevelt and Ronald Reagan, Bill Gates, Ste ...
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Double First
The British undergraduate degree classification system is a Grading in education, grading structure used for undergraduate degrees or bachelor's degrees and Master's degree#Integrated Masters Degree, integrated master's degrees in the United Kingdom. The system has been applied, sometimes with significant variation, in other countries and regions. The UK's university degree classification system, established in 1918, serves to recognize academic achievement beyond examination performance. Bachelor's degrees in the UK can either be honours or ordinary degrees, with honours degrees classified into First Class, Upper Second Class (2:1), Lower Second Class (2:2), and Third Class based on weighted averages of marks. The specific thresholds for these classifications can vary by institution. Integrated master's degrees follow a similar classification, and there is some room for discretion in awarding final classifications based on a student's overall performance and work quality. The hon ...
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Glenalmond College
Glenalmond College is a co-educational independent boarding school in Perth and Kinross, Scotland, for children aged between 12 and 18 years. It is situated on the River Almond near the village of Methven, about west of the city of Perth. The college opened in 1847 as Trinity College, Glenalmond and was renamed in 1983. Originally a boys' school, Glenalmond became co-educational in the 1990s. History Trinity College, Glenalmond, was founded as a private school by the former Prime Minister, William Gladstone and James Hope-Scott. The land for the school was given by Lord Glenalmond, who for the rest of his life, in company with his wife Margaret, took a keen interest in its development and success. It was established to provide teaching for young men destined for the ministry of the Scottish Episcopal Church and where young men could be brought up in the faith of that Church. It was originally known as ''The Scottish Episcopal College of the Holy and Undivided Trinity of ...
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Glasgow
Glasgow is the Cities of Scotland, most populous city in Scotland, located on the banks of the River Clyde in Strathclyde, west central Scotland. It is the List of cities in the United Kingdom, third-most-populous city in the United Kingdom and the 27th-most-populous city in Europe, and comprises Wards of Glasgow, 23 wards which represent the areas of the city within Glasgow City Council. Glasgow is a leading city in Scotland for finance, shopping, industry, culture and fashion, and was commonly referred to as the "second city of the British Empire" for much of the Victorian era, Victorian and Edwardian eras. In , it had an estimated population as a defined locality of . More than 1,000,000 people live in the Greater Glasgow contiguous urban area, while the wider Glasgow City Region is home to more than 1,800,000 people (its defined functional urban area total was almost the same in 2020), around a third of Scotland's population. The city has a population density of 3,562 p ...
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Hutchesons' Grammar School
Hutchesons' Grammar School is a private, co-educational day school for pupils aged 3–18 in Glasgow, Scotland. It was founded as Hutchesons' Boys' Grammar School by George Hutcheson and Thomas Hutcheson in 1641, making it the 19th oldest school in Scotland. Prospective pupils must sit an entrance test and interview to gain admission. , the school has around 1,300 pupils across its Pre-School, Primary and Secondary Schools and is governed by The Governors of Hutchesons' Educational Trust. Its current Rector is Mark Ronan. Hutchesons' alumni include the former First Minister of Scotland Humza Yousaf, Anas Sarwar, Scottish Labour leader, several members of the House of Lords and the first female lawyer in the United Kingdom. Former pupils are known as Old Hutchesonians. History Establishment The school was founded in 1641 as Hutchesons' Hospital by brothers Thomas and George Hutcheson of Lambhill, Lanarkshire and originally opened to educate "twelve indigent orphans" In ...
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Town Planner
An urban planner (also known as town planner) is a professional who practices in the field of town planning, urban planning or city planning. An urban planner may focus on a specific area of practice and have a title such as city planner, town planner, regional planner, long-range planner, transportation planner, infrastructure planner, environmental planner, parks planner, physical planner, health planner, planning analyst, urban designer, community development director, economic development specialist, or other similar combinations. The Royal Town Planning Institute is the oldest professional body of town and urban planners founded in 1914 and the University of Liverpool established the first dedicated planning school in the world in 1909, followed by Harvard University in 1924. There also exists evidence of urban planners in ancient cities in Egypt, China, India, and the Mediterranean world. For instance, Hippodamus has often been accredited the title of “the father of ci ...
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University Of Liverpool
The University of Liverpool (abbreviated UOL) is a Public university, public research university in Liverpool, England. Founded in 1881 as University College Liverpool, Victoria University (United Kingdom), Victoria University, it received Royal Charter by Edward VII, King Edward VII in 1903 attaining the decree to award degrees independently. The university withholds and operates assets on the National Heritage List for England, National Heritage List, such as the Liverpool Royal Infirmary (origins in 1749), the Ness Botanic Gardens, and the Victoria Gallery & Museum. Organised into three faculties divided by 35 schools and departments, the university offers more than 230 first degree courses across 103 subjects. It is a founding member of the Russell Group, and the research intensive association of universities in Northern England, the N8 Group. The phrase ''"redbrick university"'' was inspired by the Victoria Building, University of Liverpool, Victoria Building, thus, th ...
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New Towns In The United Kingdom
The new towns in the United Kingdom were planned under the powers of the New Towns Act 1946 ( 9 & 10 Geo. 6. c. 68) and later acts to relocate people from poor or bombed-out housing following the Second World War. Designated new towns were placed under the supervision of a development corporation, and were developed in three waves. Later developments included the "expanded towns": existing towns which were substantially expanded to accommodate what was called the "overspill" population from densely populated areas of deprivation. Historical precedents Garden cities The concept of the "garden city" was first envisaged by Ebenezer Howard in his 1898 book '' To-morrow: A Peaceful Path to Real Reform'', as an alternative to the pollution and overcrowding in Britain's growing urban areas. Taking inspiration from the model villages of Port Sunlight and Bournville, he saw garden cities as the "joyous union" of town and country, providing a much better quality of life for those who ...
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East Kilbride
East Kilbride (; ), sometimes referred to as EK, is the largest town in South Lanarkshire in Scotland, and the country's sixth-largest locality by population. Historically a small village, it was designated Scotland's first "new town" on 6 May 1947. The area lies on a raised plateau to the south of the Cathkin Braes, about southeast of Glasgow and close to the boundary with East Renfrewshire. The town ends close to the White Cart Water to the west and is bounded by the Rotten Calder Water to the east. Immediately to the north of the modern town centre is The Village, the part of East Kilbride that existed before its post-war development into a New Town. East Kilbride is twinned with the town of Ballerup, in Denmark. History Prehistory The earliest-known evidence of occupation in the area dates as far back as the late Neolithic and Early Bronze Age, as archaeological investigation has demonstrated that burial cairns in the district began as ceremonial or ritual sites of b ...
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