Bill Wiggin
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Bill Wiggin
Sir William David Wiggin (born 4 June 1966) is a British Conservative Party politician, and a former Shadow Minister for Agriculture & Fisheries. He has been the Member of Parliament (MP) for North Herefordshire, previously Leominster, since the 2001 general election. Early life Wiggin was born in London in 1966. He attended Eton College, where he was an older contemporary of David Cameron, and later read Economics at the Bangor University, gaining a Bachelor of Arts (Hons) in 1988. He also served in the Royal Welch Fusiliers in the TA, being a platoon commander for Holyhead, Bangor and Caernarfon. Following this, Wiggin worked as a Trader in Foreign Exchange Options for UBS from 1991 to 1993, then was an Associate Director of Kleinwort Benson from 1994 to 1998, then as a manager in the Foreign Exchange department of Commerzbank from 1998. Political career Wiggin was selected as the official Conservative Party candidate for Burnley at the 1997 general election. He finish ...
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Member Of Parliament (United Kingdom)
In the United Kingdom, a member of Parliament (MP) is an individual elected to serve in the House of Commons of the Parliament of the United Kingdom. Electoral system All 650 members of the UK House of Commons are elected using the first-past-the-post voting system in single member constituencies across the whole of the United Kingdom, where each constituency has its own single representative. Elections All MP positions become simultaneously vacant for elections held on a five-year cycle, or when a snap election is called. The Fixed-term Parliaments Act 2011 set out that ordinary general elections are held on the first Thursday in May, every five years. The Act was repealed in 2022. With approval from Parliament, both the 2017 and 2019 general elections were held earlier than the schedule set by the Act. If a vacancy arises at another time, due to death or resignation, then a constituency vacancy may be filled by a by-election. Under the Representation of the People Act 198 ...
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Eton College
Eton College () is a public school in Eton, Berkshire, England. It was founded in 1440 by Henry VI under the name ''Kynge's College of Our Ladye of Eton besyde Windesore'',Nevill, p. 3 ff. intended as a sister institution to King's College, Cambridge, making it the 18th-oldest Headmasters' and Headmistresses' Conference (HMC) school. Eton is particularly well-known for its history, wealth, and notable alumni, called Old Etonians. Eton is one of only three public schools, along with Harrow (1572) and Radley (1847), to have retained the boys-only, boarding-only tradition, which means that its boys live at the school seven days a week. The remainder (such as Rugby in 1976, Charterhouse in 1971, Westminster in 1973, and Shrewsbury in 2015) have since become co-educational or, in the case of Winchester, as of 2021 are undergoing the transition to that status. Eton has educated prime ministers, world leaders, Nobel laureates, Academy Award and BAFTA award-winning actors, and ge ...
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Select Committee (United Kingdom)
In British politics, parliamentary select committees can be appointed from the House of Commons, like the Foreign Affairs Select Committee; from the House of Lords, like the Delegated Powers and Regulatory Reform Committee; or as a joint committee of Parliament drawn from both, such as the Joint Committee on Human Rights. Committees may exist as "sessional" committees – i.e. be near-permanent – or as "ad-hoc" committees with a specific deadline by which to complete their work, after which they cease to exist, such as the Lords Committee on Public Service and Demographic Change. The Commons select committees are generally responsible for overseeing the work of government departments and agencies, whereas those of the Lords look at general issues, such as the constitution, considered by the Constitution Committee, or the economy, considered by the Economic Affairs Committee. Both houses have their own committees to review drafts of European Union directives: the Eur ...
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Liberal Democrats (UK)
The Liberal Democrats (commonly referred to as the Lib Dems) are a liberal political party in the United Kingdom. Since the 1992 general election, with the exception of the 2015 general election, they have been the third-largest UK political party by the number of votes cast. They have 14 Members of Parliament in the House of Commons, 83 members of the House of Lords, four Members of the Scottish Parliament and one member in the Welsh Senedd. The party has over 2,500 local council seats. The party holds a twice-per-year Liberal Democrat Conference, at which party policy is formulated, with all party members eligible to vote, under a one member, one vote system. The party served as the junior party in a coalition government with the Conservative Party between 2010 and 2015; with Scottish Labour in the Scottish Executive from 1999 to 2007, and with Welsh Labour in the Welsh Government from 2000 to 2003 and from 2016 to 2021. In 1981, an electoral alliance was established b ...
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Labour Party (UK)
The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all general elections since 1922, Labour has been either the governing party or the Official Opposition. There have been six Labour prime ministers and thirteen Labour ministries. The party holds the annual Labour Party Conference, at which party policy is formulated. The party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century. It overtook the Liberal Party to become the main opposition to the Conservative Party in the early 1920s, forming two minority governments under Ramsay MacDonald in the 1920s and early 1930s. Labour served in the wartime coalition of 1940–1945, after which Clement Attlee's Labour government established the National Health Service and expanded the welfa ...
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Safe Seat
A safe seat is an electoral district (constituency) in a legislative body (e.g. Congress, Parliament, City Council) which is regarded as fully secure, for either a certain political party, or the incumbent representative personally or a combination of both. In such seats, there is very little chance of a seat changing hands because of the political leanings of the electorate in the constituency concerned and/or the popularity of the incumbent member. The opposite (i.e. more competitive) type of seat is a marginal seat. The phrase tantamount to election is often used to describe winning the dominant party's nomination for a safe seat. Definition There is a spectrum between safe and marginal seats. Safe seats can still change hands in a landslide election, such as Enfield Southgate being lost by the Conservatives (and potential future party leader Michael Portillo) to Labour at the 1997 UK general election, whilst other seats may remain marginal despite large national swings, suc ...
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Peter Pike (British Politician)
Peter Leslie Pike (26 June 1937 – 27 December 2021) was a British Labour politician who served as Member of Parliament (MP) for Burnley from June 1983 to April 2005. Life and career Pike was born on 26 June 1937. He was evacuated to Burnley in his childhood during the Second World War and decided then that he wanted to be the Member of Parliament (MP) for the Lancashire town. Returning to the town as an adult, he worked in the Mullards Factory, where he swiftly gained a reputation as an effective shop steward and was also an agent for the then MP for Burnley, Dan Jones. He was an official frontbench spokesperson for Labour at the beginning of the 1990s on rural affairs and then on environment and housing. He was seen as an effective parliamentarian, and his committee work included chairing the committee in the House of Commons on Regulatory Reform from July 2001 to April 2005. He made three visits to South Africa from 1986 to 1990. He announced his intention in October 20 ...
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1997 United Kingdom General Election
The 1997 United Kingdom general election was held on Thursday 1 May 1997. The governing Conservative Party led by Prime Minister John Major was defeated in a landslide by the Labour Party led by Tony Blair, achieving a 179 seat majority. The political backdrop of campaigning focused on public opinion towards a change in government. Blair, as Labour Leader, focused on transforming his party through a more centrist policy platform, entitled 'New Labour', with promises of devolution referendums for Scotland and Wales, fiscal responsibility, and a decision to nominate more female politicians for election through the use of all-women shortlists from which to choose candidates. Major sought to rebuild public trust in the Conservatives following a series of scandals, including the events of Black Wednesday in 1992, through campaigning on the strength of the economic recovery following the early 1990s recession, but faced divisions within the party over the UK's membership of the Eur ...
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Burnley (UK Parliament Constituency)
Burnley is a constituency centred on the town of Burnley in Lancashire which has been represented since 2019 by Antony Higginbotham, a Conservative. History The seat was created in 1868. From World War II until 2010 it was won by Labour candidates, generally on safe, large majorities; Ann Widdecombe failed to take the seat from the Labour Party in 1979. The closest second place was to a Conservative Party candidate, Ian Bruce, who came 787 votes (1.6%) short of taking the seat in 1983. Burnley saw strong opposition support for the Liberal Democrats in 2005 who moved into second place; meanwhile a local independent pushed Yousuf Miah, a Conservative into fourth position. Following controversy regarding outgoing Labour MP Kitty Ussher's personal expenses, Gordon Birtwistle, who first contested the seat in 1992, gained the seat in 2010 with a heavy swing of 9.6%. However, Birtwistle was one of the many casualties faced by the Liberal Democrats in the 2015 election, losing t ...
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Commerzbank
Commerzbank AG () is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. In the 2019 financial year, the bank was the second largest in Germany by the total value of its balance sheet. Founded in 1870 in Hamburg, the bank is today present in more than 50 countries around the world and provides almost a third of Germany's trade finance. In 2017, it handled 13 million customers in Germany and 5 million customers in Central and Eastern Europe. Commerzbank is a member of the Cash Group. 15% of the shares are owned by the Federal Republic of Germany and 85% are in free float. History Empire On 26 February 1870, mainly Hanseatic merchants, merchant bankers and private bankers founded the Commerz- and Disconto-Bank in Hamburg. Shipowner C. Woermann was the first chairman of the supervisory board of Commerz- und Disconto-Bank from 1870.
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Kleinwort Benson
Kleinwort Benson was a leading investment bank that offered a wide range of financial services from offices throughout the United Kingdom and Channel Islands. Two families, the Kleinworts and the Bensons, founded two different merchant banks in London. They merged in 1961 to create Kleinwort Benson Lonsdale, later Kleinwort Benson. Following its acquisition by Société Générale in June 2016, it was merged with SG Hambros, already a subsidiary of Société Générale, to form Kleinwort Hambros in November 2016. History Kleinworts The earliest known Kleinwort to go into banking was 24-year-old Heinrich Kleinwort, a grandfather of Sir Alexander Drake Kleinwort, 1st Baronet. In 1786, Heinrich set up a partnership with Otto Mueller in Holstein to finance trade with England. Kleinworts established a successful trading business in Cuba, profiting from the expansion of the H. Upmann and Sons cigar business. Edward Cohen and James Drake joined the firm in the 1830s and for a while it ...
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UBS AG
UBS Group AG is a multinational Investment banking, investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the List of largest banks, largest Swiss banking institution and the Private banking, largest private bank in the world. UBS client services are known for their strict bank–client confidentiality and culture of #Banking secrecy, banking secrecy. Because of the bank's large positions in the Americas, Europe, the Middle East and Africa, EMEA, and Asia-Pacific, Asia Pacific markets, the Financial Stability Board considers it a Systemically important financial institution, global systemically important bank. Apart from private banking, UBS provides wealth management, asset management, and investment banking services for private, corporate, and institutional clients with international service. UBS manages the largest amount of private weal ...
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