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UKTI
UK Trade & Investment (UKTI) was a UK Government department working with businesses based in the United Kingdom to assist their success in international markets, and with overseas investors looking to the UK as an investment destination. It was replaced in July 2016 by the Department for International Trade. History UKTI was formed in May 1999 as British Trade International, comprising two parts: Trade Partners UK (for export promotion) and Invest UK (for inward investment - FDI). In October 2003, the former department name and two inner departments merged and became UK Trade & Investment to simplify the outward recognition of the organisation, and possibly to reduce confusion with the two departments. Aims To support its aim to "enhance the competitiveness of companies in Britain through overseas trade and investments; and attract a continuing high level of quality foreign direct investment". Structure UK Trade & Investment is an international organisation with headquart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defence Export Services Organisation
UK Defence and Security Exports (UKDSE), formerly known as Defence & Security Organisation (DSO) and the Defence Export Services Organisation (DESO), is an organisation within the Department for Business and Trade responsible for helping British arms companies export. History The organisation was founded in 1966 by Denis Healey, the Secretary of State for Defence at the time. In January of that year he informed Parliament that "while the Government attach sthe highest importance to making progress in the field of arms control and disarmament, we must also take what practical steps we can to ensure that this country does not fail to secure its rightful share of this valuable commercial market." Founded as the Defence Sales Organisation, the organisation was renamed the Defence Export Services Organisation in 1985. On 26 July 2007 Gordon Brown announced that the DESO would be transferred to UK Trade & Investment from April 2008, and would be renamed to UKTI Defence and Security ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Paniguian
Sir Richard Leon Paniguian (28 July 1949 – 25 June 2017) was a British oil industry executive with ties to British intelligence. Paniguian was a project manager for BP in some of its most challenging territories. He was also notable for his involvement in negotiating the release of Abdelbaset al-Megrahi, the Libyan convicted in 2001 of organising the 1988 Lockerbie bombing. Early life Paniguian's father, Hracia, known to friends as 'Pan', was a leading figure in British intelligence, a veteran of the Special Operations Executive, and an expert in psychological warfare who eventually settled into a career in advertising. He had been born in Constantinople in 1903 during the last years of the Ottoman Empire; the family name was of Armenian origin. Hracia was sent to school at Robert College and studied journalism at Columbia University, where he was friends with Abbott Joseph Liebling. In the 1930s he worked under Reginald Hoare at the British Embassy in Bucharest. The Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign, Commonwealth And Development Office
The Foreign, Commonwealth and Development Office (FCDO) is the ministry of foreign affairs and a Departments of the Government of the United Kingdom, ministerial department of the government of the United Kingdom. The office was created on 2 September 2020 through the merger of the Foreign and Commonwealth Office (FCO) and the Department for International Development (DFID). The FCO was itself created in 1968 by the merger of the Foreign Office (FO) and the Commonwealth Office. The department in its various forms is responsible for representing and promoting British interests worldwide. The head of the FCDO is the Foreign Secretary (United Kingdom), secretary of state for foreign, Commonwealth and development affairs, commonly abbreviated to "foreign secretary". This is regarded as one of the four most prestigious positions in the Cabinet of the United Kingdom, Cabinet – the Great Offices of State – alongside those of Prime Minister of the United Kingdom, Prime Minister, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-ministerial Government Department
Non-ministerial government departments (NMGDs) are a type of Departments of the Government of the United Kingdom, department of the Government of the United Kingdom, United Kingdom government that deal with matters for which direct political oversight has been judged unnecessary or inappropriate. They are typically headed by British Civil Service, senior civil servants. Some fulfil a Regulatory agency, regulatory or inspection function, and their status is therefore intended to protect them from political interference. Some are headed by a permanent office holder, such as a Permanent Secretary or Second Permanent Secretary.Government Departments and Agencies , Government, Citizens and Rights, DirectGov. Overvi ...
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Trade 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. Traders generally negotiate through a medium of credit or exchange, such as money. Though some economists characterize barter (i.e. trading things without the use of money) as an early form of trade, money was invented before written history began. Consequently, any story of how money first developed is mostly based on conjecture and logical inference. Letters of credit, paper money, and non-physical money have greatly simplified and promoted trade as buying can be separated from selling, or earning. 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 labor, a predominant form of economic activity in which individuals and groups concentra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment In 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. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1999 Establishments In The United Kingdom
1999 was designated as the International Year of Older Persons. Events January * January 1 – The euro currency is established and the European Central Bank assumes its full powers. * January 3 – The Mars Polar Lander is launched by NASA. * January 25 – The 6.2 Colombia earthquake hits western Colombia, killing at least 1,900 people. February * February 7 – Abdullah II inherits the throne of Jordan, following the death of his father King Hussein. * February 11 – Pluto moves along its eccentric orbit further from the Sun than Neptune. It had been nearer than Neptune since 1979, and will become again in 2231. * February 12 – U.S. President Bill Clinton is acquitted in impeachment proceedings in the United States Senate. * February 16 ** In Uzbekistan, an apparent assassination attempt against President Islam Karimov takes place at government headquarters. ** Across Europe, Kurdish protestors take over embassies and hold hostages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Organisations Based In The United Kingdom
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from sole proprietors and partnerships. Corporations are separate and unique legal entities from their shareholders; as such they provide limited liability for their owners and members. Corpora ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade 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. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department For Business, Innovation And Skills
The Department for Business, Innovation and Skills (BIS) was a ministerial department of the Government of the United Kingdom. It was created by the Gordon Brown premiership on 5 June 2009 by the merger of the Department for Innovation, Universities and Skills and the Department for Business, Enterprise and Regulatory Reform. It was disbanded by the Theresa May premiership on the creation of the Department for Business, Energy and Industrial Strategy on 14 July 2016. Secretaries of State for Business, Innovation and Skills The Permanent Secretary was Sir Martin Donnelly. Responsibilities Some policies apply to England alone due to devolution, while others are not devolved and therefore apply to other nations of the United Kingdom. The department was responsible for UK Government policy in the following areas: * business regulation and support * company law * competition * consumer affairs * corporate governance * employment relations * export licensing * furthe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Promotion Agencies
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a Return (finance), return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also inclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
