Church House Investments
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Church House Investments
Church House Investments Limited is a private British investment management company based in Sherborne, United Kingdom. Church House Investments and Church House Trust were corporately linked companies until Virgin Money acquired Church House Trust plc in 2010. History Origins The origins of Church House can be traced back to 1792 when Edward Batten formed Messrs. Batten & Co. Batten was the senior of three partners and was later joined by his son John Batten in 1829. After a number of mergers and acquisitions in the nineteenth and early twentieth century the bank grew, until a number of the members of the Batten family were casualties of the First World War, leading to the company being purchased by what became the Westminster Bank. The current companies – Church House Trust and Church House Investments In 1924 Lieutenant Colonel Bill Batten assumed control of the legal practice, and then in 1978 the bank was re-founded. The name of Church House comes from the Quee ...
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Limited Company
In a limited company, the 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 common for a distinct ...
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Sherborne
Sherborne is a market town and civil parish in north west Dorset, in South West England. It is sited on the River Yeo, on the edge of the Blackmore Vale, east of Yeovil. The parish includes the hamlets of Nether Coombe and Lower Clatcombe. The A30 road, which connects London to Penzance, runs through the town. In the 2011 census the population of Sherborne parish and the two electoral wards was 9,523. 28.7% of the population is aged 65 or older. Sherborne's historic buildings include Sherborne Abbey, its manor house, independent schools, and two castles: the ruins of a 12th-century fortified palace and the 16th-century mansion known as Sherborne Castle built by Sir Walter Raleigh. Much of the old town, including the abbey and many medieval and Georgian buildings, is built from distinctive ochre-coloured ham stone. The town is served by Sherborne railway station. Toponymy The town was named ''scir burne'' by the Saxon inhabitants, a name meaning "clear stream", after a broo ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Church House Trust
Bank and Clients plc was a British private bank, which was formed by combining: Church House Trust, a retail bank founded in 1978 and Ocean Capital, a specialist corporate lender founded in 2002. B&C was based in London, United Kingdom. In January 2010 the former Church House Trust plc was acquired by Virgin Money as a way for the Virgin Group to gain a banking licence to begin a retail banking operation. The investments division was not included in the acquisition, and continues to operate independently as Church House Investments in Sherborne. Virgin Money sold Church House to Ocean Industries S.A. in 2014, and it was merged with Ocean Capital to become Bank and Clients. Former HSBC Mexico Chief Executive Officer Sandy Flockhart was named Chairman in December 2014, and was replaced in early 2016 by the Conservative peer, Lord Strathclyde. History Origins The origins of Church House can be traced back to 1792 when Edward Batten formed Messrs. Batten & Co. Batten was th ...
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Virgin Money UK
Virgin Money is a banking and financial services brand operating in the United Kingdom. The Virgin Money brand was founded by Richard Branson in March 1995. It was originally known as Virgin Direct, and pioneered index tracking by launching a value personal equity plan into the market. In the 2000s Virgin Money expanded its operations around the world. Virgin Money announced plans to become a retail bank, and attempted to purchase Northern Rock in 2007 before it was nationalised by the British Government. Virgin applied for its own banking licence from the Financial Services Authority in 2009, and gained one through the acquisition of Church House Trust the following year. Virgin bought Northern Rock in January 2012 and rebranded the business as Virgin Money. In June 2018, Virgin Money agreed to a takeover by CYBG plc which was completed in October 2018. Virgin Money was merged into Clydesdale Bank plc on 21 October 2019, continuing as a trading name and operating under Cly ...
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Westminster Bank
Westminster Bank was a British retail bank which operated in England and Wales from 1834 until its merger into the National Westminster Bank in 1970; it continued to exist as a dormant registered non-trading company until 4 July 2017 when it was dissolved. Considered one of the Big Five, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. History London and Westminster Bank In 1834, the London and Westminster Bank was the first firm founded under the auspices of the Bank Charter Act 1833, which allowed joint-stock banks to be established in the capital. For various reasons, the press, private banking concerns, and the Bank of England were so hostile to the Bank Charter Act that London and Westminster's management was primarily concerned with defending the company's right to exist rather than setting up an extensive branch network. As a result, the bank opened only six London branches in its first three years and no ...
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Companies House
Companies House is the executive agency of the company registrars of the United Kingdom, falling under the remit of the Department for Business, Energy and Industrial Strategy. All forms of companies (as permitted by the Companies Act) are incorporated and registered with Companies House and file specific details as required by legislation. All registered limited companies, including subsidiary, small and inactive companies, must file annual financial statements in addition to annual company returns, and all these are public records. Only some registered unlimited companies (meeting certain conditions) are exempt from this requirement. The United Kingdom has had a system of company registration since 1844. The legislation governing company registration matters is the Companies Act 2006. History 19th century Prior to 1844, companies could only be incorporated through grant of a royal charter, by private act of Parliament, or, from 1834, by letters patent. Few companie ...
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Richard Branson
Sir Richard Charles Nicholas Branson (born 18 July 1950) is a British billionaire, entrepreneur, and business magnate. In the 1970s he founded the Virgin Group, which today controls more than 400 companies in various fields. Branson expressed his desire to become an entrepreneur at a young age. His first business venture, at the age of 16, was a magazine called ''Student''. In 1970, he set up a mail-order record business. He opened a chain of record stores, Virgin Records—later known as Virgin Megastores—in 1972. Branson's Virgin brand grew rapidly during the 1980s, as he started Virgin Atlantic airline and expanded the Virgin Records music label. In 1997, Branson founded the Virgin Rail Group to bid for passenger rail franchises during the privatisation of British Rail. The Virgin Trains brand operated the InterCity West Coast franchise from 1997 to 2019, the InterCity CrossCountry franchise from 1997 to 2007, and the InterCity East Coast franchise from 2015 to 2018. In ...
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The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821) are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'', which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of ''The Times'' is considered to be centre-right. ''The Times'' is the first newspaper to have borne that name, lending it to numerous other papers around the world, such as ''The Times of India'', ''The New York Times'', and more recently, digital-first publications such as TheTimesBlog.com (Since 2017). In countries where these other titles are popular, the newspaper is often referred to as , or as , although the newspaper is of nationa ...
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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 ...
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Burges Salmon
Burges Salmon LLP is a law firm based in Bristol, England. About Burges Salmon Burges Salmon is a UK law firm with a national and international client base, including FTSE-listed companies, government departments, public bodies, executives and individuals. The firm operates throughout the UK and in all major European and international jurisdictions. Burges Salmon works with independent law firms around the world to meet clients' international needs. The firm currently has 79 partners and has sector expertise in a range of areas including energy, transport, food and farming, real estate, financial services and infrastructure. Burges Salmon's turnover for the 2012 / 2013 financial year was £73.7 million, with an operating profit of £23.5m and profit per equity partner of £423,000. The firm undertakes corporate responsibility, and collaborates with organisations to contribute to three main areas: community, education and environment. The firm was a founder member of the ...
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Banks Of The United Kingdom
Central bank The Bank of England is the central bank of the United Kingdom. The Big Four British banking has been highly consolidated since the early 20th century. Unlike some other major economies, the UK does not have a major stratum of independent local banks. The number of independent banks shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money), followed by Bradford & Bingley; Alliance & Leicester was acquired by Santander, who merged it into Santander UK. On 18 September 2008, Lloyds TSB plc entered into a confirmed agreement to take over HBOS plc, which took effect on 19 January 2009, when HBOS was acquired and folded into Lloyds Banking Group. The retail and commercial banking markets are dominated by HSBC, Barclays, Lloyds Banking Group, NatWest Group and Spanish-owned Santander UK (most of these companies operate more than one banking brand in the UK). Banks incorporated in the UK A full list of busi ...
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