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Vickers Shipbuilding
Vickers Shipbuilding and Engineering Limited (VSEL) was a shipbuilding company based at Barrow-in-Furness, England that built warships, civilian ships, submarines and armaments. The company was historically the Naval Construction Works of Vickers Armstrongs and has a heritage of building large naval warships and armaments. Through a complicated history the company's shipbuilding division is now BAE Systems Submarine Solutions and the armaments division is now part of BAE Systems Land & Armaments. History The company was founded in 1871 by James Ramsden as the Iron Shipbuilding Company, but its name was soon changed to Barrow Shipbuilding Company. In 1897, Vickers & Sons bought the Barrow Shipbuilding Company and its subsidiary the Maxim Nordenfelt Guns and Ammunition Company, becoming Vickers, Sons and Maxim Limited. The shipyard at Barrow became the Naval Construction & Armaments Company. In 1911 the company was renamed Vickers Limited, and in 1927 became Vickers Armstr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the Legal liability, liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalised
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationaliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Heseltine
Michael Ray Dibdin Heseltine, Baron Heseltine, (; born 21 March 1933) is a British politician. Having begun his career as a property developer, he became one of the founders of the publishing house Haymarket Media Group in 1957. Heseltine served as a Conservative Party (UK), Conservative Member of Parliament (United Kingdom), Member of Parliament from 1966 to 2001. He was a prominent figure in the governments of Margaret Thatcher and John Major, and served as Deputy Prime Minister of the United Kingdom, Deputy Prime Minister and First Secretary of State under Major from 1995 to 1997. Heseltine entered the Cabinet of the United Kingdom, Cabinet in 1979 as Secretary of State for the Environment, where he promoted the "Right to Buy" campaign that allowed people 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 and dries, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopolies & Mergers Commission
The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under the Department for Business, Innovation and Skills (BIS). It was tasked with ensuring healthy competition between companies in the UK for the ultimate benefit of consumers and the economy. The Competition Commission replaced the Monopolies and Mergers Commission on 1 April 1999. It was created by the Competition Act 1998, although the majority of its powers were governed by the Enterprise Act 2002. The Enterprise Act 2002 gave the Competition Commission wider powers and greater independence than the MMC had previously, so that it could make decisions on inquiries rather than giving recommendations to Government, and was also responsible for taking appropriate actions and measures (known as remedies) following inquiries which had ident ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cold War
The Cold War was a period of global Geopolitics, geopolitical rivalry between the United States (US) and the Soviet Union (USSR) and their respective allies, the capitalist Western Bloc and communist Eastern Bloc, which lasted from 1947 until the dissolution of the Soviet Union in 1991. The term ''Cold war (term), cold war'' is used because there was no direct fighting between the two superpowers, though each supported opposing sides in regional conflicts known as proxy wars. In addition to the struggle for ideological and economic influence and an arms race in both conventional and Nuclear arms race, nuclear weapons, the Cold War was expressed through technological rivalries such as the Space Race, espionage, propaganda campaigns, Economic sanctions, embargoes, and sports diplomacy. After the end of World War II in 1945, during which the US and USSR had been allies, the USSR installed satellite state, satellite governments in its occupied territories in Eastern Europe and N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Options For Change
Options for Change was a restructuring of the British Armed Forces in summer 1990 after the end of the Cold War. Until this point, UK military strategy had been almost entirely focused on defending Western Europe against the Soviet Armed Forces, with the Royal Marines in Scandinavia, the Royal Air Force (RAF) in West Germany and over the North Sea, the Royal Navy in the Norwegian Sea and North Atlantic, and the British Army in Germany. With the collapse of the Soviet Union and the Warsaw Pact occurring between 1989 and 1991, the threat of a Soviet invasion of Western Europe fell away. While the restructuring was criticised by several British politicians, it was an exercise mirrored by governments in almost every major Western military power, reflecting the so-called peace dividend. Total manpower was cut by approximately 18 per cent to around 255,000 (120,000 army; 60,000 navy; 75,000 air force). Other casualties of the restructuring were the UK's nuclear civil defence orga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Aerospace
British Aerospace plc (BAe) was a British aircraft manufacturer, aircraft, munitions and defence-systems manufacturer that was formed in 1977. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. It purchased Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of the General Electric Company, in 1999 to form BAE Systems. History Formation and privatisation The company has its origins in the Aircraft and Shipbuilding Industries Act 1977, which called for the nationalisation and merger of the British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics and Scottish Aviation. On 29 April 1977, the new entity was formed in the United Kingdom as a statutory corporation. Under the provisions of the British Aerospace Act 1980 (c. 26), on 1 January the statutory corporation was transferred to a limited company, which then re-registered as a public limited company (plc), under the nam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition. The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. ''The Independent'' won the Brand of the Year Award in The Drum Awards for Online Media 2023. History 1980s Launched in 1986, the first issue of ''The Independent'' was published on 7 October in broadsheet format.Dennis Griffiths (ed.) ''The Encyclopedia of the British Press, 1422–1992'', London & Basingstoke: Macmillan, 1992, p. 330. It was produced by Newspaper Publishing plc and created by Andreas Whittam Smith, Stephen Glover and Matthew Symonds. All three partners were former journalists at ''The Daily Telegraph'' who had left the paper towards the end of Lord Hartwell' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Press
The Associated Press (AP) is an American not-for-profit organization, not-for-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are distributed to its members, major U.S. daily newspapers and radio and television broadcasters. Since the award was established in 1917, the AP has earned 59 Pulitzer Prizes, including 36 for photography. The AP is also known for its widely used ''AP Stylebook'', its AP polls tracking National Collegiate Athletic Association, NCAA sports, sponsoring the National Football League's annual awards, and its election polls and results during Elections in the United States, US elections. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters. The AP operates 235 news bureaus in 94 countries, and publishes in English, Spanish, and Arabic. It also operates the AP Radio Network, which provides twice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Submarine
A nuclear submarine is a submarine powered by a nuclear reactor, but not necessarily nuclear-armed. Nuclear submarines have considerable performance advantages over "conventional" (typically diesel-electric) submarines. Nuclear propulsion, being completely independent of air, frees the submarine from the need to surface frequently, as is necessary for conventional submarines. The large amount of power generated by a nuclear reactor allows nuclear submarines to operate at high speed for long periods, and the long interval between refuelings grants a virtually unlimited range, making the only limits on voyage times factors such as the need to restock food or other consumables. Thus nuclear propulsion solves the problem of limited mission duration that all electric ( battery or fuel cell powered) submarines face. The high cost of nuclear technology means that relatively few of the world's military powers have fielded nuclear submarines. Radiation incidents have occurred wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cumbria
Cumbria ( ) is a ceremonial county in North West England. It borders the Scottish council areas of Dumfries and Galloway and Scottish Borders to the north, Northumberland and County Durham to the east, North Yorkshire to the south-east, Lancashire to the south, and the Irish Sea to the west. Its largest settlement is the city of Carlisle. Cumbria is predominantly rural, with an area of and a population of 500,012; this makes it the third-largest ceremonial county in England by area but the eighth-smallest by population. Carlisle is located in the north; the towns of Workington and Whitehaven lie on the west coast, Barrow-in-Furness on the south coast, and Penrith, Cumbria, Penrith and Kendal in the east of the county. For local government purposes the county comprises two Unitary authorities of England, unitary authority areas, Westmorland and Furness and Cumberland (unitary authority), Cumberland. Cumbria was created in 1974 from the historic counties of Cumberland and Westmor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
