1957 Bank Rate Tribunal
The Bank Rate Tribunal was a 1957 United Kingdom tribunal established under the Tribunals of Inquiry (Evidence) Act 1921 to inquire into the allegations that an increase in Official Bank Rate had been improperly discussed ahead of its public announcement by the Bank of England. Rumours and allegations had circulated that some financiers had taken advantage of their advance knowledge of a planned Bank rate rise, and so the inquiry primarily sought to establish whether there had been a form of insider trading. The Tribunal took evidence in the winter of 1957, under the chairmanship of Lord Justice Parker, with Milner Holland CBE QC and Geoffrey de Paiva Veale QC. It reported on 21 January 1958. It ultimately concluded that there was "no justification for allegations that information about the raising of the Bank Rate was improperly disclosed to any person".David Kynaston, ''Till Time's Last Stand: A History of The Bank of England, 1694-2013'', Bloomsbury Publishing, 2017, pg. 43 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tribunal
A tribunal, generally, is any person or institution with authority to judge, adjudicate on, or determine claims or disputes—whether or not it is called a tribunal in its title. For example, an advocate who appears before a court with a single judge could describe that judge as "their tribunal." Many governmental bodies that are titled as "tribunals" are described so in order to emphasize that they are not courts of normal jurisdiction. For example, the International Criminal Tribunal for Rwanda was a body specially constituted under international law; in Great Britain, employment tribunals are bodies set up to hear specific employment disputes. In many (but not all) cases, the word ''tribunal'' implies a judicial (or quasi-judicial) body with a lesser degree of formality than a court, in which the normal rules of evidence and procedure may not apply, and whose presiding officers are frequently neither judges, nor magistrates. Private judicial bodies are also often styled "trib ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shadow Chancellor
The Shadow Chancellor of the Exchequer in the British Parliamentary system is the member of the Shadow Cabinet who is responsible for shadowing the Chancellor of the Exchequer. The title is given at the gift of the Leader of the Opposition and has no formal constitutional role, but is generally considered the second-most senior position on the opposition frontbench, after the Leader. Past Shadow Chancellors include Harold Wilson, James Callaghan, Edward Heath, Geoffrey Howe, Ken Clarke, Gordon Brown, and John McDonnell. The current Shadow Chancellor is Rachel Reeves, who has held the position since 9 May 2021. She is the second woman to hold the position. The name for the position has a mixed history. It is used to designate the lead economic spokesman for the Opposition. The name 'Shadow Chancellor' has also been used for the corresponding position for the Liberal Democrats, the Liberal Democrat Treasury spokesperson. This was a source of humour for Chancellor Gordon Brown ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hugh Kindersley
Brigadier Hugh Kenyon Molesworth Kindersley, 2nd Baron Kindersley of West Hoathly (7 May 1899 – 6 October 1976) was a British Army officer, businessman, banker. His father was businessman Robert Kindersley, 1st Baron Kindersley GBE. Early years Kindersley was born in Knightsbridge, London, to Robert Molesworth Kindersley, 1st Baron Kindersley, GBE (1871-1954), and Gladys Margaret Beadle. He was educated at Eton College. He married Nancy Farnsworth (daughter of Dr Geoffrey Boyd of Toronto) in October 1921: they had two daughters, Patricia, who married Napier Crookenden, Ginette and a son Robert, who succeeded his father as 3rd Baron Kindersley. Kindersley was managing director of Lazard Brothers, one of the three houses of Lazard, from 1927 to 1964. War service Kindersley was commissioned into the Scots Guards in 1917 and served during the First World War. He was awarded the Military Cross in 1918. He rejoined as a lieutenant in the Regular Army Reserve of Officers from 12 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Scapegoating
Scapegoating is the practice of singling out a person or group for unmerited blame and consequent negative treatment. Scapegoating may be conducted by individuals against individuals (e.g. "he did it, not me!"), individuals against groups (e.g., "I couldn't see anything because of all the tall people"), groups against individuals (e.g., "He was the reason our team didn't win"), and groups against groups. A scapegoat may be an adult, child, sibling, employee, peer, ethnic, political or religious group, or country. A whipping boy, identified patient, or "fall guy" are forms of scapegoat. At the individual level A medical definition of scapegoating is: Scapegoated groups throughout history have included almost every imaginable group of people: genders, religions, people of different races, nations, or sexual orientations, people with different political beliefs, or people differing in behaviour from the majority. However, scapegoating may also be applied to organizations, such a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Reginald Manningham-Buller
Reginald Edward Manningham-Buller, 1st Viscount Dilhorne, (1 August 1905 – 7 September 1980), known as Sir Reginald Manningham-Buller, Bt, from 1954 to 1962 and as The Lord Dilhorne from 1962 to 1964, was an English lawyer and Conservative politician. He served as Lord Chancellor from 1962 to 1964. Background and education Born in Amersham, Buckinghamshire, Manningham-Buller was the only son of Sir Mervyn Manningham-Buller, 3rd Baronet, grandson of Sir Edward Manningham-Buller, 1st Baronet, of Dilhorne Hall, Staffordshire, a junior member of the Yarde-Buller family headed by Baron Churston. His mother was the Hon. Lilah Constance, Lady Manningham-Buller , daughter of Charles Cavendish, 3rd Baron Chesham and granddaughter of Hugh Grosvenor, 1st Duke of Westminster. His uncle's seat of Dilhorne Hall having passed to an heiress ineligible for the baronetcy, Manningham-Buller grew up in Northamptonshire. (Although now pronounced "Dill-horn" by locals, he preferred the older pronu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Attorney General For England And Wales
His Majesty's Attorney General for England and Wales is one of the law officers of the Crown and the principal legal adviser to sovereign and Government in affairs pertaining to England and Wales. The attorney general maintains the Attorney General's Office and currently attends (but is not a member of) Cabinet. Unlike in other countries employing the common law legal system, the attorney general does not govern the administration of justice; that function is carried out by the secretary of state for justice and lord chancellor. The incumbent is also concurrently advocate general for Northern Ireland. The position of attorney general has existed since at least 1243, when records show a professional attorney was hired to represent the King's interests in court. The position first took on a political role in 1461 when the holder of the office was summoned to the House of Lords to advise the Government there on legal matters. In 1673, the attorney general officially became the C ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over ''The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its si ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Leslie Plummer
Sir Leslie Arthur Plummer (2 June 1901 – 15 April 1963), known to his friends as Dick Plummer,Letter from John Strachey, ''The Times'', 19 April 1963. was a British farmer, newspaper executive and politician. He was in charge of the Overseas Food Corporation during the disastrous Tanganyika groundnut scheme in the late 1940s; later he became a Labour Party Member of Parliament where he pioneered attempts to outlaw racial discrimination. Newspaper business Plummer was born in Demerara, British Guiana, where his father was working. He was educated at Tottenham Grammar School in North London, and first worked on the managerial staff of the ''Daily Herald'' from 1919. In 1922 he became general manager for the '' New Leader'', a paper edited by H. N. Brailsford as the party journal of the Independent Labour Party. Plummer shared the left-wing sentiments of the ILP. In 1923 Plummer married Beatrice Lapsker. They had no children. Plummer was selected as Labour Party candidate ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Viscount Kilmuir
A viscount ( , for male) or viscountess (, for female) is a title used in certain European countries for a noble of varying status. In many countries a viscount, and its historical equivalents, was a non-hereditary, administrative or judicial position, and did not develop into a hereditary title until much later. In the case of French viscounts, it is customary to leave the title untranslated as vicomte . Etymology The word ''viscount'' comes from Old French (Modern French: ), itself from Medieval Latin , accusative of , from Late Latin "deputy" + Latin (originally "companion"; later Roman imperial courtier or trusted appointee, ultimately count). History During the Carolingian Empire, the kings appointed counts to administer provinces and other smaller regions, as governors and military commanders. Viscounts were appointed to assist the counts in their running of the province, and often took on judicial responsibility. The kings strictly prevented the offices of their cou ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lord Chancellor
The lord chancellor, formally the lord high chancellor of Great Britain, is the highest-ranking traditional minister among the Great Officers of State in Scotland and England in the United Kingdom, nominally outranking the prime minister. The lord chancellor is appointed by the sovereign on the advice of the prime minister. Prior to their Union into the Kingdom of Great Britain, there were separate lord chancellors for the Kingdom of England (including Wales) and the Kingdom of Scotland; there were lord chancellors of Ireland until 1922. The lord chancellor is a member of the Cabinet and is, by law, responsible for the efficient functioning and independence of the courts. In 2005, there were a number of changes to the legal system and to the office of the lord chancellor. Formerly, the lord chancellor was also the presiding officer of the House of Lords, the head of the judiciary of England and Wales and the presiding judge of the Chancery Division of the High Court of Justic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cabinet (government)
A cabinet is a body of high-ranking state officials, typically consisting of the executive branch's top leaders. Members of a cabinet are usually called cabinet ministers or secretaries. The function of a cabinet varies: in some countries, it is a collegiate decision-making body with collective responsibility, while in others it may function either as a purely advisory body or an assisting institution to a decision-making head of state or head of government. Cabinets are typically the body responsible for the day-to-day management of the government and response to sudden events, whereas the legislative and judicial branches work in a measured pace, in sessions according to lengthy procedures. In some countries, particularly those that use a parliamentary system (e.g., the UK), the Cabinet collectively decides the government's direction, especially in regard to legislation passed by the parliament. In countries with a presidential system, such as the United States, the Ca ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |