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2020 United Kingdom Budget
The 2020 United Kingdom budget, officially known as Budget 2020: Delivering on Our Promises to the British People, was a budget delivered by Rishi Sunak, Chancellor of the Exchequer, to the House of Commons on Wednesday 11 March 2020. It was Sunak's first budget, the first since the withdrawal of the United Kingdom from the European Union, the first since Boris Johnson becoming Prime Minister and the first to be held in the spring since March 2017. It was scheduled to be followed by another budget in the autumn, but in September 2020 the Treasury announced that budget would be scrapped because of the ongoing COVID-19 pandemic, stating "now is not the right time to outline long-term plans – people want to see us focused on the here and now". Due to the pandemic, which began the same day as Sunak delivered on March 11th, additional statements were given by the chancellor in both summer and autumn. References March 2020 events in the United Kingdom 2020 2020 was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of MPs Elected In The 2019 United Kingdom General Election
In the United Kingdom's (UK) 2019 general election, 650 Members of Parliament (MPs) were elected to the House of Commons – one for each parliamentary constituency. The UK Parliament comprises the elected House of Commons, the House of Lords and the Sovereign. The new Parliament first met on 17 December 2019. After the swearing-in of members and the election of Speaker, the State Opening of Parliament took place on 19 December. The 2021 State Opening of Parliament began the second session on 11 May 2021. The 2022 State Opening of Parliament began the third session on 10 May 2022. House of Commons composition The Conservative Party gained a majority of seats in the election. The Scottish National Party increased their number of seats and the Social Democratic and Labour Party and the Alliance Party returned to the House of Commons for the first time since their defeats in the 2017 and 2015 general elections respectively. The Labour Party, Plaid Cymru and Democratic Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 administration following the 2019 general election, in which the Conservative Party was returned to power with a majority of 80 seats in the House of Commons. Initially the ministers were largely identical to those at the end of the first Johnson ministry, but changed significantly in cabinet reshuffles in February 2020 and September 2021. In July 2022, following a government crisis as a result of dozens of resignations from his government, Johnson resigned as leader of the Conservative Party. Johnson pledged to remain as Prime Minister and lead a 'caretaker' government until a new Conservative Party leader had been elected. The election results were revealed on Monday 5 September 2022, and the new leader Liz Truss became prime minister on 6 September, resulting in the cabinet's dissolution. History 2019 to 2020 T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rishi Sunak
Rishi Sunak (; born 12 May 1980) is a British politician who has served as Prime Minister of the United Kingdom and Leader of the Conservative Party (UK), Leader of the Conservative Party since October 2022. He previously held two Cabinet of the United Kingdom, cabinet positions under Boris Johnson, lastly as Chancellor of the Exchequer from 2020 to 2022. Sunak has been Member of Parliament (United Kingdom), Member of Parliament (MP) for Richmond (Yorks) (UK Parliament constituency), Richmond (Yorks) since 2015. Ideologically, Sunak has been described as belonging to the Centrism, centre-ground of the Conservative Party (UK), Conservative Party. Sunak was born in Southampton to parents of Indian descent who migrated to Britain from East Africa in the 1960s. He was educated at Winchester College, studied philosophy, politics and economics at Lincoln College, Oxford, and earned an MBA from Stanford University in California as a Fulbright Program, Fulbright Scholar. During his t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Budget Of The United Kingdom
The Budget of His Majesty's Government is an annual budget set by HM Treasury for the following financial year, with the revenues to be gathered by HM Revenue and Customs and the expenditures of the public sector, in compliance with government policy. The budget statement is one of two statements made by the Chancellor of the Exchequer in the House of Commons, with the Spring Statement being made the following year. Budgets are usually set once every year and are announced in the House of Commons by the Chancellor of the Exchequer. Since autumn 2017 the United Kingdom budget typically takes place in the Autumn in order to allow major tax changes to occur annually, well before the start of the fiscal year. The most recent budget was presented by Rishi Sunak on 27 October 2021. Sunak’s successor, Kwasi Kwarteng, delivered a fiscal event in September 2022. His successor Jeremy Hunt delivered another fiscal event in November 2022. Although not an official budget statement, they ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chancellor Of The Exchequer
The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom House Of Commons
The House of Commons is the lower house of the Parliament of the United Kingdom. Like the upper house, the House of Lords, it meets in the Palace of Westminster in London, England. The House of Commons is an elected body consisting of 650 members known as members of Parliament (MPs). MPs are elected to represent constituencies by the first-past-the-post system and hold their seats until Parliament is dissolved. The House of Commons of England started to evolve in the 13th and 14th centuries. In 1707 it became the House of Commons of Great Britain after the political union with Scotland, and from 1800 it also became the House of Commons for Ireland after the political union of Great Britain and Ireland. In 1922, the body became the House of Commons of the United Kingdom of Great Britain and Northern Ireland after the independence of the Irish Free State. Under the Parliament Acts 1911 and 1949, the Lords' power to reject legislation was reduced to a delaying power. The gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brexit
Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC or Euratom). The UK is the only sovereign country to have left the EU or the EC. Greenland left the EC (but became an OTC) on 1 February 1985. The UK had been a member state of the EU or its predecessor the European Communities (EC), sometimes of both at the same time, since 1 January 1973. Following Brexit, EU law and the Court of Justice of the European Union no longer have primacy over British laws, except in select areas in relation to Northern Ireland. The European Union (Withdrawal) Act 2018 retains relevant EU law as domestic law, which the UK can now amend or repeal. Under the terms of the Brexit withdrawal agreement, Northern Ireland continues to participate in the European Single Market in relation to goods, and to be a member o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Premiership Of Boris Johnson
Boris Johnson's term as the prime minister of the United Kingdom began on 24 July 2019 when he accepted an invitation of Queen Elizabeth II to form a government, following the resignation of his predecessor Theresa May after Parliament's repeated rejections of her Brexit withdrawal agreement. While serving as prime minister, Johnson also served as the first lord of the treasury, minister for the civil service, minister for the union, and leader of the Conservative Party. His premiership ended with his resignation on 6 September 2022. Johnson's premiership was dominated by Brexit, the COVID-19 pandemic, the 2022 Russian invasion of Ukraine, and the cost of living crisis. His premiership was also characterised by several political controversies and scandals, most notably the Partygate scandal. Johnson was declared leader of the Conservative Party after the results of the 2019 leadership election were announced on 23 July 2019. After being appointed Prime Minister the following ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
March 2017 United Kingdom Budget
The March 2017 United Kingdom budget was delivered by Philip Hammond, the Chancellor of the Exchequer, to the House of Commons on Wednesday, 8 March 2017. The last budget to be held in the spring until 2020, it was Hammond's first as Chancellor of the Exchequer since being appointed to the role in July 2016. 2017–18 taxes and spending Taxes Spending References March 2017 events in the United Kingdom 2017 File:2017 Events Collage V2.png, From top left, clockwise: The War Against ISIS at the Battle of Mosul (2016-2017); aftermath of the Manchester Arena bombing; The Solar eclipse of August 21, 2017 ("Great American Eclipse"); North Korea tests a ser ... 2017 in British politics 2017 government budgets {{UK-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic In The United Kingdom
The COVID-19 pandemic in the United Kingdom is a part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). In the United Kingdom, it has resulted in confirmed cases, and is associated with deaths. The virus began circulating in the country in early 2020, arriving primarily from travel elsewhere in Europe. Various sectors responded, with more widespread public health measures incrementally introduced from March 2020. The first wave was at the time one of the world's largest outbreaks. By mid-April the peak had been passed and restrictions were gradually eased. A second wave, with a new variant that originated in the UK becoming dominant, began in the autumn and peaked in mid-January 2021, and was deadlier than the first. The UK started a COVID-19 vaccination programme in early December 2020. Generalised restrictions were gradually lifted and were mostly ended by August 2021. A third wave, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
July 2020 United Kingdom Summer Statement
The July 2020 United Kingdom summer statement (also known as the coronavirus mini-budget) was a statement from the British Government, or mini-budget statement, delivered on 8 July 2020 by Rishi Sunak, the Chancellor of the Exchequer. It followed the budget delivered earlier in the year, and preceded the Winter Economy Plan. The purpose of the statement was to announce measures aimed at helping to promote economic recovery following the impact of the COVID-19 pandemic. The statement was delivered to the House of Commons, where Sunak unveiled a spending package worth £30bn. Concerns were subsequently raised by organisations including HM Revenue and Customs and the Institute for Fiscal Studies about the statement's impact, as well as its cost-effectiveness, while at least one major retailer declined to take advantage of a financial bonus scheme intended for rehiring employees placed on furlough during the pandemic. Background Sunak delivered his first budget as Chancellor in Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
September 2020 United Kingdom Winter Economy Plan
The Winter Economy Plan was a statement from the British Government, or mini-budget statement, delivered on 24 September 2020 by Rishi Sunak, the Chancellor of the Exchequer. It succeeded the summer statement held earlier in the year, and was a partial replacement to the cancelled budget scheduled for the Autumn. The purpose of the statement was to announce measures aimed at further helping to promote economic recovery following the impact of the COVID-19 pandemic. The statement was delivered to the House of Commons. The plan aimed to further promote economic recovery while preserving jobs and businesses which were considered viable. Background Rishi Sunak delivered his first budget as Chancellor in March 2020, as the COVID-19 pandemic was in its early stages in the UK. The country went into lockdown, requiring all but essential services to close. The government announced a series of measures to protect companies, and the jobs of employees whose firms were required to close ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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