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Trade Association Forum
The Trade Association Forum (TAF) is an umbrella body for industry trade associations in the United Kingdom, representing more than 160 trade associations that in turn represent more than 180,000 businesses from every sector of the economy. Established in 1997, TAF was originally supported with seed funding by the then Department of Trade and Industry (now called the Department of Business and Trade) following a series of speeches by the then President of the Board of Trade Michael Heseltine Michael Ray Dibdin Heseltine, Baron Heseltine, (; born 21 March 1933) is a British politician and businessman. Having begun his career as a property developer, he became one of the founders of the publishing house Haymarket. Heseltine served ... from 1993 onwards about the effectiveness and role of trade associations. These resulted in the publication of a paper by the DTI in 1996 entitled 'A Best Practice Guide for the Model Trade Association', which in turn led to the creation of TAF a ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many List of islands of the United Kingdom, smaller islands within the British Isles. Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between ...
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Department For Business And Trade
The Department for Business and Trade (DBT) is a department of His Majesty's Government established on 7 February 2023, after a government reshuffle, the first by prime minister Rishi Sunak. The new department absorbed the functions of the former Department for International Trade (DIT) and some of the functions of the former Department for Business, Energy, and Industrial Strategy (BEIS). The department is headed by the Secretary of State for Business and Trade, assisted by a number of junior ministers. The present incumbent and the first to hold the role is Kemi Badenoch; she is also President of the Board of Trade and Minister for Women and Equalities. Badenoch was previously the final Secretary of State at DIT. Background Foundation The department was established on 7 February 2023. It combines the business-focused responsibilities of the former Department for Business, Energy, and Industrial Strategy (BEIS) with the former Department for International Trade (DIT). The mi ...
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Michael Heseltine
Michael Ray Dibdin Heseltine, Baron Heseltine, (; born 21 March 1933) is a British politician and businessman. Having begun his career as a property developer, he became one of the founders of the publishing house Haymarket. Heseltine served as a Conservative Member of Parliament from 1966 to 2001, and was a prominent figure in the governments of Margaret Thatcher and John Major, and served as Deputy Prime Minister and First Secretary of State under Major. Heseltine entered the Cabinet in 1979 as Secretary of State for the Environment, where he promoted the "Right to Buy" campaign that allowed two million families to purchase their council houses. He was considered an adept media performer and a charismatic minister, although he was frequently at odds with Thatcher on economic issues. He was one of the most visible "wets", whose "One Nation" views were epitomised by his support for the regeneration of Liverpool in the early 1980s when it was facing economic collapse; this l ...
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Confederation Of British Industry
The Confederation of British Industry (CBI) is a UK business organisation, which in total claims to speak for 190,000 businesses, this is made up of around 1,500 direct members and 188,500 non-members. The non members are represented through the 140 trade associations within the confederation, whose separate and individual memberships the CBI claims to also to speak for. Trade Association member companies, are not directly consulted or involved in CBI's policy formulation. The National Farmers' Union with its 55,000 members is the largest component of the 188,500 non-members the CBI claims to speak for. The Country Land and Business association brings another 30,000 non-members, the Association of Independent Professionals and the Self-Employed 20,000 non-members, the Freight Transport Association 13,000, the Federation of Master Builders 9,500, the Road Haulage Association 8,100 and the National Federation of Builders 1,400. Members include companies as well as trade associatio ...
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Trade Associations Based In The United Kingdom
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other product ...
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