Capital Bank Plc
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Capital Bank Plc
Capital Bank plc was a subsidiary bank of the Bank of Scotland and HBOS. Its head offices were located in Chester, England. Its main products were leasing, installment credit, and mortgages. In the late 20th century, it became Chester's largest employer. History The bank was founded in a hotel room in Chester by Sydney Alfred Jones as North West Securities in 1945. In 1958 North West Securities was purchased by the Bank of Scotland as the latter expanded into consumer credit. North West Securities continued to grow in size, reaching £1.3 billion in assets in 1987 and, with Bank of Scotland exercising greater control, it became a public limited company in 1989. North West Securities was also renamed North West Securities Bank around this time and, in the late 20th century, it became Chester's largest employer. It also provided financial support to Chester Cathedral. In 1997 the bank was renamed Capital Bank plc and moved to its new headquarters at Capital House, (now Churc ...
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HBOS
HBOS plc was a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc, which operated the Bank of Scotland and Halifax brands in the UK, as well as HBOS Australia and HBOS Insurance & Investment Group Limited, the group's insurance division. HBOS was formed by the 2001 merger of Halifax plc and the Bank of Scotland. The formation of HBOS was heralded as creating a fifth force in British banking as it created a company of comparable size and stature to the established '' Big Four'' UK retail banks. It was also the UK's largest mortgage lender. The HBOS Group Reorganisation Act 2006 saw the transfer of Halifax plc to the Bank of Scotland, which had by then become a registered public limited company, Bank of Scotland plc. Although officially HBOS was not an acronym of any specific words, it is widely presumed to stand for Halifax B ...
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Former Bank Of Scotland Offices, Handbridge, Chester - DSC08032
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being using in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until ...
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Bank Of Scotland
The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial and clearing bank based in Scotland and is part of the Lloyds Banking Group, following the Bank of Scotland's implosion in 2008. The bank was established by the Parliament of Scotland in 1695 to develop Scotland's trade with other countries, and aimed to create a stable banking system in the Kingdom of Scotland. With a history dating to the end of the 17th century, it is the fifth-oldest extant bank in the United Kingdom (the Bank of England having been established one year earlier), and is the only commercial institution created by the Parliament of Scotland to remain in existence. It was one of the first banks in Europe to print its own banknotes, and it continues to print its own sterling banknotes under legal arrangements that allow Scottish banks to issue currency. In June 2006, the HBOS Group Reorganisation Act 2006 was passed by the Parliament of the United Kingdom, allowing the bank' ...
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Chester
Chester is a cathedral city and the county town of Cheshire, England. It is located on the River Dee, close to the English–Welsh border. With a population of 79,645 in 2011,"2011 Census results: People and Population Profile: Chester Locality"; downloaded froCheshire West and Chester: Population Profiles, 17 May 2019 it is the most populous settlement of Cheshire West and Chester (a unitary authority which had a population of 329,608 in 2011) and serves as its administrative headquarters. It is also the historic county town of Cheshire and the second-largest settlement in Cheshire after Warrington. Chester was founded in 79 AD as a "castrum" or Roman fort with the name Deva Victrix during the reign of Emperor Vespasian. One of the main army camps in Roman Britain, Deva later became a major civilian settlement. In 689, King Æthelred of Mercia founded the Minster Church of West Mercia, which later became Chester's first cathedral, and the Angles extended and strengthene ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Chester Cathedral
Chester Cathedral is a Church of England cathedral and the mother church of the Diocese of Chester. It is located in the city of Chester, Cheshire, England. The cathedral, formerly the abbey church of a Benedictine monastery dedicated to Saint Werburgh, is dedicated to Christ and the Blessed Virgin Mary. Since 1541, it has been the seat of the Bishop of Chester. The cathedral is a Grade I listed building, and part of a heritage site that also includes the former monastic buildings to the north, which are also listed Grade I. The cathedral's construction dates from between 10th century and the early 16th century, having been modified a number of times throughout history, a typical characteristic of English cathedrals; however, the site itself may have been used for Christian worship since Roman times. All the major styles of English medieval architecture, from Norman to Perpendicular, are represented in the present building. The cathedral and former monasti ...
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Churchill House, Chester
Churchill House, formerly known as Capital House, is an historic building in Handbridge which currently forms the centre of the Queen's Park Campus of the University of Chester. History The building, which was built in buff brick, was completed in 1938. It served as the Headquarters of Western Command during the Second World War and was visited by Prime Minister Winston Churchill, General Dwight D. Eisenhower and General Charles de Gaulle. It remained the command headquarters until that formation was disbanded and the building was handed over to the Royal Army Pay Corps in 1972. The building remained in military use until it was acquired by North West Securities, a subsidiary of Bank of Scotland, for use as their Head Office in 1997. The building was heavily altered in 1998, with a distinctive hexastyle portico, formed by Doric order columns supporting an entablature and a pediment, being added to the building's façade. The building, which became "Capital House" when North ...
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Western Command (United Kingdom)
Western Command was a command of the British Army. History Western Command was established in 1905 and was originally called the Welsh & Midland Command before changing its name in 1906. In 1907 Western Command relocated to Watergate House, Chester, Watergate House in Chester. In 1938, after a brief stay in temporary accommodation at Boughton, Cheshire, Boughton, it moved to a new purpose-built Georgian architecture, neo-Georgian property known as Churchill House, Chester, Churchill House at Queen's Park in Chester. First World War Army Order No 324, issued on 21 August 1914, authorised the formation of a 'New Army' of six Divisions, manned by volunteers who had responded to Herbert Kitchener, 1st Earl Kitchener, Earl Kitchener's appeal (hence the First New Army was known as 'K1'). Each division was to be under the administration of one of the Home Commands, and Western Command formed what became the 13th (Western) Division. It was followed by 19th (Western) Division of K2 in Sep ...
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HBOS Group Reorganisation Act 2006
The HBOS Group Reorganisation Act 2006 is a Local and Personal Acts of Parliament in the United Kingdom, local Act of Parliament, passed by the Parliament of the United Kingdom in June 2006. The aim of the act was to provide HBOS plc, a banking and insurance group in the UK, the legal authority to reorganise its subsidiaries into a simplified structure. It came into effect on 17 September 2007. Background HBOS plc is a banking and insurance holding company and was created on 10 September 2001 from the merger of the Bank of Scotland, Governor and Company of the Bank of Scotland and Halifax (United Kingdom bank), Halifax plc. These two banks are the main UK subsidiaries of HBOS, although they themselves operate various other subsidiary companies. The Bank of Scotland was incorporated by an Act of the Parliament of Scotland in 1695, and operates under the authority of this Act and subsequent other Acts passed in 1873, 1920, 1954 and 1970. Halifax is a public limited company and was ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Lloyds Banking Group
Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695. The Group's headquarters are located at 25 Gresham Street in the City of London, while its registered office is on The Mound in Edinburgh. It also operates office sites in Birmingham, Bristol, West Yorkshire and Glasgow. The Group also has extensive overseas operations in the US, Europe, the Middle East and Asia. Its headquarters for business in the European Union is in Berlin, Germany. The business operates under a number of distinct brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Former Chief Executive António Horta-Osório told ''The Banker' ...
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University Of Chester
, mottoeng = "He that teacheth, on teaching" , former_names = , established = (gained university status in 2005) , type = Public , endowment = £395,000 (2018) , budget = £118.3 million , chancellor = Gyles Brandreth , vice_chancellor = Eunice Simmons , students = 14,900 , undergrad = 10,800 , postgrad = 4,100 , administrative_staff = 1220 , faculty = 870 , city = Chester, Ellesmere Port, Warrington and Shrewsbury , state = Cheshire , country = England, UK , campus = Urban , colours = Burgundy , coor = , affiliations = AACSB ACU Cathedrals Group NWUAUniversities UK , website www.chester.ac.uk, logo = University of Chester logo.svg , logo_size = 250px The University of Chester is a public university located in Chester, England. The university originated as the first purpose-built teacher training college in the UK. As a university, it now occupies five campus sites in and around Chester, one in Warrington, and a University Centre in Shrewsbury. I ...
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