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National Security And Investment Act 2021
The National Security and Investment Act 2021 (c. 25) (NSIA) is an act of the Parliament of the United Kingdom which was announced in the Queen's Speech on 19 December 2019 and is a piece of legislation introduced in the House of Commons on 11 November 2020. Its Second Reading took place on 17 November 2020, and its Third Reading was scheduled for Wednesday 20 January 2021. The NSIA was sponsored in the Commons by Alok Sharma, who was Secretary of State for Business, Energy and Industrial Strategy in the Second Johnson ministry. Commentary While approaching its Third Reading, the ''Daily Telegraph'' was of the opinion that the "debate about foreign takeovers of companies central to the national interest - from technology to infrastructure - is certain to be a pulpit for argument between China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by pop ...
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Alok Sharma
Alok Kumar Sharma, Baron Sharma, (born 7 September 1967), is a British Conservative Party politician. He served as President for COP26 from 2021 to 2022, having previously served as Secretary of State for Business, Energy and Industrial Strategy from 2020 to 2021 and Secretary of State for International Development from 2019 to 2020. He was Member of Parliament (MP) for Reading West from 2010 to 2024 and has been a member of the House of Lords since 2024. Sharma served in Theresa May's government as Minister of State for Housing from 2017 to 2018 and as Parliamentary Under-Secretary of State for Employment from 2018 to 2019. Sharma was the president for the 2021 United Nations Climate Change Conference (COP26) and negotiated the Glasgow Climate Pact. Early life and career Sharma was born in Agra, Uttar Pradesh, India, and moved to Reading with his parents when he was five years old. He is a Hindu. His father, Prem, was involved in Conservative politics in Reading, and b ...
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Economy Of The United Kingdom
The United Kingdom has a highly developed social market economy. From 2017 to 2025 it has been the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), tenth-largest by purchasing power parity (PPP), and about 18th by nominal GDP per capita, constituting 2.4% of world GDP and 2.2% by purchasing power parity (PPP). The United Kingdom has one of the most globalised economies and comprises England, Scotland, Wales and Northern Ireland. In 2022, the United Kingdom was the fifth-largest exporter of goods and services in the world and the fourth-largest importer. It also had the fourth-largest outward foreign direct investment, and the fifteenth-largest inward foreign direct investment. In 2022, the United Kingdom's trade with the European Union accounted for 42% of the country's exports and 48% of its total imports. The United Kingdom has a highly efficient and strong social security system, which comprises roughly 24.5% of GDP ...
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Foreign Relations Of The United Kingdom
The diplomatic foreign relations of the United Kingdom are conducted by the Foreign, Commonwealth and Development Office, headed by the Foreign Secretary (United Kingdom), foreign secretary. The Prime Minister of the United Kingdom, prime minister and numerous other agencies play a role in setting policy, and many institutions and businesses have a voice and a role. The United Kingdom was the world's power in international relations, foremost power during the 19th and early 20th centuries, most notably during the so-called "Pax Britannica"a period of unrivaled supremacy and unprecedented international peace during the mid-to-late 1800s. The country continued to be widely considered a superpower until the Suez crisis of 1956 and the dismantling of the British Empire left the UK's dominant role in global affairs to be gradually diminished. Nevertheless, the United Kingdom remains a great power and a United Nations Security Council#Permanent members, permanent member of the United ...
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International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (See: World economy.) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states, factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization. These organizations work towards the ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a British daily broadsheet conservative newspaper published in London by Telegraph Media Group and distributed in the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph and Courier''. ''The Telegraph'' is considered a newspaper of record in the UK. The paper's motto, "Was, is, and will be", was included in its emblem which was used for over a century starting in 1858. In 2013, ''The Daily Telegraph'' and '' The Sunday Telegraph'', which started in 1961, were merged, although the latter retains its own editor. It is politically conservative and supports the Conservative Party. It was moderately liberal politically before the late 1870s.Dictionary of Nineteenth Century Journalismp 159 ''The Telegraph'' has had a number of news scoops, including the outbreak of World War II by rookie reporter Clare Hollingworth, described as "the scoop of the cent ...
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Second Johnson Ministry
The second Johnson ministry began on 16 December 2019, three days after Boris Johnson's audience with Queen Elizabeth II where she invited him to form a new government following the 2019 United Kingdom general election, 2019 general election. The Conservative Party (UK), Conservative Party was returned to power with a majority government, majority of 80 seats in the House of Commons of the United Kingdom, House of Commons. Initially the ministers were largely identical to those at the end of the first Johnson ministry, but changed significantly in 2020 British cabinet reshuffle, cabinet reshuffles in February 2020 and 2021 British cabinet reshuffle, September 2021. In July 2022 British cabinet reshuffle, July 2022, following a July 2022 United Kingdom government crisis, government crisis as a result of dozens of resignations from his government, Johnson announced his resignation as leader of the Conservative Party. Johnson pledged to remain as Prime Minister of the United King ...
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Secretary Of State For Business, Energy And Industrial Strategy
The secretary of state for business and trade (business secretary), is a secretary of state in the Government of the United Kingdom, with responsibility for the Department for Business and Trade. The incumbent is a member of the Cabinet of the United Kingdom. The incumbent business secretary is Jonathan Reynolds who was appointed by Keir Starmer on 5 July 2024. The Secretary of State is shadowed by the Shadow Secretary of State for Business and Trade, currently Andrew Griffith since 2024. Responsibilities Corresponding to what is generally known as a commerce minister in many other countries, the business secretary's remit includes: * Relations with domestic and international business * Policy relating to deregulation * Policy relating to international trade and trade agreements * Import and export policy History During the government of Sir Alec Douglas-Home, the then president of the Board of Trade, Edward Heath, was given in addition the job of secretary of stat ...
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House Of Commons
The House of Commons is the name for the elected lower house of the Bicameralism, bicameral parliaments of the United Kingdom and Canada. In both of these countries, the Commons holds much more legislative power than the nominally upper house of parliament. The leader of the majority party in the House of Commons by convention becomes the prime minister. Other parliaments have also had a lower house called the "House of Commons". History and naming The House of Commons of England, House of Commons of the Kingdom of England evolved from an undivided parliament to serve as the voice of the tax-paying subjects of the Ceremonial counties of England, counties and the borough constituency, boroughs. Knight of the shire, Knights of the shire, elected from each county, were usually landowners, while the borough members were often from the merchant classes. These members represented subjects of the Crown who were not Lords Temporal or Spiritual, who themselves sat in the House of Lords. ...
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Kwasi Kwarteng
Akwasi Addo Alfred Kwarteng (born 26 May 1975) is a British politician who served as the Chancellor of the Exchequer from September to October 2022 under Liz Truss and the Secretary of State for Business, Energy and Industrial Strategy from 2021 to 2022 under Boris Johnson. A member of the Conservative Party, he was the Member of Parliament (MP) for Spelthorne in Surrey from 2010 to 2024. Kwarteng was born in London to Ghanaian immigrant parents and was educated at St Paul's Juniors, Eton College and the University of Cambridge where he was a student at Trinity College, Cambridge. He worked as a columnist for ''The Daily Telegraph'' and as a financial analyst before standing for election to the House of Commons of the United Kingdom, House of Commons. As a backbencher, Kwarteng co-authored a number of papers and books, including ''After the Coalition'' (2011) and ''Britannia Unchained'' (2012). In November 2018, Kwarteng was appointed Parliamentary Under-Secretary of State ...
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Queen's Speech
A speech from the throne, or throne speech, is an event in certain monarchies in which the reigning sovereign, or their representative, reads a prepared speech to members of the nation's legislature when a session is opened. The address sets forth the government's priorities for its legislative agenda, for which the cooperation of the legislature is sought. The speech is often accompanied by formal ceremony. It is often held annually, although in some places it may occur more or less frequently, whenever a new session of the legislature is opened. Historically, when monarchs exercised personal influence and overall decision-making in government, a speech from the throne would outline the policies and objectives of the monarch; the speech was usually prepared by the monarch's advisers, but the monarch supervised the drafting of the speech at least to some extent and exercised final discretion as to its content. In modern constitutional monarchies, whether by law or by convention, ...
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