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City Of London Electric Lighting Company
The City of London Electric Lighting Company Limited (CLELCo) was a British electricity undertaking. It was formed in July 1891 to generate and supply electricity to the City of London and part of north Southwark. It owned and operated Bankside power station on the south bank of the river Thames. The company provided and stimulated demand for electricity, increased its generating capacity, and competed and co-operated with other electricity undertakings in London. The company was dissolved on 1 April 1948 when the British electricity industry was nationalised. History In 1889 the Corporation of London invited tenders from electrical plant manufacturers to provide electric lighting throughout the 1.25 square miles of City of London. The Laing, Wharton and Down Construction Syndicate undertook to supply the eastern district of the City and the Anglo-American Brush Electrical Engineering Company to supply the central and western districts. Provisional orders were obtained under t ...
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City Of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages, but the modern area named London has since grown far beyond the City of London boundary. The City is now only a small part of the metropolis of Greater London, though it remains a notable part of central London. Administratively, the City of London is not one of the London boroughs, a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster). It is also a separate ceremonial county, being an enclave surrounded by Greater London, and is the smallest ceremonial county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by c ...
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Aldersgate
Aldersgate is a Ward of the City of London, named after one of the northern gates in the London Wall which once enclosed the City. The Ward of Aldersgate is traditionally divided into Aldersgate Within and Aldersgate Without, the suffix denoting whether the part was within the line of the wall or outside it. The ancient ward boundaries were redrawn in 2013; the names are preserved but their location only loosely approximates to their historic extent. The gate also gave its name to Aldersgate Street, which runs north from the former gate towards Clerkenwell. The street was wholly part of Aldersgate Without ward until a short section further north was renamed and so added to it. The gate The Wall was first built around the year 200, but Aldersgate was not one of the original Roman gates, being added later in the Roman period. The name ''Aldersgate'' is first recorded around 1000 in the form ''Ealdredesgate'', i.e. "gate associated with a man named Ealdrād"; the gate probab ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees. This definition is based on IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, in the balance statement, revenue is a subsection of the Equity section and revenue increases equity, it is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). In general usage, revenue is the total amount of inc ...
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Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' li ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies of World War II, Allies and the Axis powers. World War II was a total war that directly involved more than 100 million Military personnel, personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Air warfare of World War II, Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the Atomic bombings of Hiroshima and Nagasaki, only two nuclear weapons ever used in war. World War II was by far the List of wars by death toll, deadliest conflict in hu ...
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London Power Company
The London Power Company was an electricity generating and bulk supply company in London, England, formed in 1925 by the merger of ten small electricity companies. In 1948 Britain's electricity supply industry was nationalised under the Electricity Act 1947 and the company was absorbed into the British Electricity Authority. Legislation The London Power Company originated in the ''London Electricity Joint Committee (1920) Limited,'' established in January 1920, which aimed to secure cooperation between London's electricity companies. The company promoted the ''London Electricity (No.2) Act 1925'' which empowered electricity companies to amalgamate. It also regulated their dividends, required funds to be set up to transfer the companies' assets to the London and Home Counties Joint Electricity Authority, required companies to notify the authority of any proposal to spend capital exceeding £5,000, to dispose of any electricity generated in excess of that obligated to customers ...
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific Ocean, Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in Genocides in history (World War I through World War II), genocides within the Ottoman Empire and in the Spanish flu, 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising French Third Republic, France, Russia, and British Empire, Britain) and the Triple A ...
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Kilowatt Hour
A kilowatt-hour ( unit symbol: kW⋅h or kW h; commonly written as kWh) is a unit of energy: one kilowatt of power for one hour. In terms of SI derived units with special names, it equals 3.6 megajoules (MJ). Kilowatt-hours are a common billing unit for electrical energy delivered to consumers by electric utilities. Definition The kilowatt-hour is a composite unit of energy equal to one kilowatt (kW) sustained for (multiplied by) one hour. Expressed in the standard unit of energy in the International System of Units (SI), the joule (symbol J), it is equal to 3,600  kilojoules or 3.6 MJ."Half-high dots or spaces are used to express a derived unit formed from two or more other units by multiplication.", Barry N. Taylor. (2001 ed.''The International System of Units.'' (Special publication 330). Gaithersburg, MD: National Institute of Standards and Technology. 20. Unit representations A widely used representation of the kilowatt-hour is "kWh", derived from its co ...
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Arc Lamp
An arc lamp or arc light is a lamp that produces light by an electric arc (also called a voltaic arc). The carbon arc light, which consists of an arc between carbon electrodes in air, invented by Humphry Davy in the first decade of the 1800s, was the first practical electric light. It was widely used starting in the 1870s for street and large building lighting until it was superseded by the incandescent light in the early 20th century. It continued in use in more specialized applications where a high intensity point light source was needed, such as searchlights and movie projectors until after World War II. The carbon arc lamp is now obsolete for most of these purposes, but it is still used as a source of high intensity ultraviolet light. The term is now used for gas discharge lamps, which produce light by an arc between metal electrodes through a gas in a glass bulb. The common fluorescent lamp is a low-pressure mercury arc lamp. The xenon arc lamp, which produces a high ...
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Incandescent Light Bulb
An incandescent light bulb, incandescent lamp or incandescent light globe is an electric light with a wire filament heated until it glows. The filament is enclosed in a glass bulb with a vacuum or inert gas to protect the filament from oxidation. Current is supplied to the filament by terminals or wires embedded in the glass. A bulb socket provides mechanical support and electrical connections. Incandescent bulbs are manufactured in a wide range of sizes, light output, and voltage ratings, from 1.5 volts to about 300 volts. They require no external regulating equipment, have low manufacturing costs, and work equally well on either alternating current or direct current. As a result, the incandescent bulb became widely used in household and commercial lighting, for portable lighting such as table lamps, car headlamps, and flashlights, and for decorative and advertising lighting. Incandescent bulbs are much less efficient than other types of electric lighting, converti ...
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Lombard Street, London
Lombard Street () is a street notable for its connections with the City of London's merchant, banking and insurance industries, stretching back to medieval times. From Bank junction, where nine streets converge by the Bank of England, Lombard Street runs southeast for a short distance before bearing left into a more easterly direction, and terminates at a junction with Gracechurch Street and Fenchurch Street. Its overall length is . It has often been compared with Wall Street in New York City. Description Lombard Street, since the construction of King William Street, has two distinct sections. The short section between Bank junction and the church of St Mary Woolnoth is relatively wide, and carries two-way traffic including several bus routes, which continues along King William Street. Lombard Street bears to the east and the remainder is much narrower (retaining its medieval character) and is one-way. At the eastern end of the street, there are a number of modern buildi ...
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Royal Exchange, London
The Royal Exchange in London was founded in the 16th century by the merchant Sir Thomas Gresham on the suggestion of his factor Richard Clough to act as a centre of commerce for the City of London. The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold. The original foundation was ceremonially opened by Queen Elizabeth I who granted it its "royal" title. The current building is trapezoidal in floor plan and is flanked by Cornhill and Threadneedle Street, which converge at Bank junction in the heart of the city. It lies in the ward of Cornhill. The exchange building has twice been destroyed by fire and subsequently rebuilt. The present building was designed by Sir William Tite in the 1840s. The site was notably occupied by the Lloyd's insurance market for nearly 150 years. Today the Royal Exchange contains Fortnum & Mason The Bar & Restaurant, luxury shops, and offices. Traditionally, the ste ...
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