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Contingencies Fund Act 2020
The Contingencies Fund Act 2020 (c. 6) is an act of the Parliament of the United Kingdom that was created to increase the maximum capital of the United Kingdom's contingency fund from 2%, as set out in Section 1 of the Contingencies Fund Act 1974, to 50%. It was introduced by Chancellor of the Exchequer Rishi Sunak in response to the COVID-19 pandemic. Background The Contingencies Fund was established in 1862 by HM Treasury. It originally consisted of a fixed amount of capital which was increased over time and by 1945 had reached £1.5 million. Before this legislation, the Contingencies Fund Act 1974 required that the permanent capital of the fund not exceed 2% of the authorised supply expenditure of the previous financial year. The fund provides cash loans to government departments. Due to the COVID-19 outbreak, this legislation raises the limit to 50%. This allowed government departments to be funded for extra spending prior to the next set of spending estimates coming ... [...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] |
Shadow Chancellor Of The Exchequer
The Shadow Chancellor of the Exchequer in the British Parliamentary system is the member of the Shadow Cabinet who is responsible for shadowing the Chancellor of the Exchequer. The title is given at the gift of the Leader of the Opposition and has no formal constitutional role, but is generally considered the second-most senior position on the opposition frontbench, after the Leader. Past Shadow Chancellors include Harold Wilson, James Callaghan, Edward Heath, Geoffrey Howe, Ken Clarke, Gordon Brown, and John McDonnell. The current Shadow Chancellor is Rachel Reeves, who has held the position since 9 May 2021. She is the second woman to hold the position. The name for the position has a mixed history. It is used to designate the lead economic spokesman for the Opposition. The name 'Shadow Chancellor' has also been used for the corresponding position for the Liberal Democrats, the Liberal Democrat Treasury spokesperson. This was a source of humour for Chancellor Gordon Brown ... [...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] |
United Kingdom Acts Of Parliament 2020
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contingencies Fund Act 2021
The Contingencies Fund Act 2021 (2021 c. 9) is an act of the Parliament of the United Kingdom which allowed for a temporary increase in the maximum capital of the United Kingdom's contingency fund from 2%, as set out in Section 1 of the Contingencies Fund Act 1974, to 12%. It was introduced by Chancellor of the Exchequer Rishi Sunak in response to the ongoing effects of the COVID-19 pandemic. Background The Contingencies Fund was established in 1862 by HM Treasury, and allows governmental departments to access cash advances when money for urgent matters is likely to achieve parliamentary approval, but is needed quickly. Usually, the Contingencies Fund Act 1974 requires that the permanent capital of the fund not exceed 2% of the authorised supply expenditure of the previous financial year. Because of the effects of the coronavirus pandemic, the Contingencies Fund Act 2020 increased the fund's limit from 2% to 50% but was due to expire on 1 April 2021; this legislation prov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ed Davey
Sir Edward Jonathan Davey (born 25 December 1965) is a British politician who has served as Leader of the Liberal Democrats since 2020. He served in the Cameron–Clegg coalition as Secretary of State for Energy and Climate Change from 2012 to 2015 and as Deputy Leader to Jo Swinson in 2019. An " Orange Book" liberal, he has been the Member of Parliament (MP) for Kingston and Surbiton since 2017, and from 1997 to 2015. Davey was born in Mansfield, Nottinghamshire, where he attended Nottingham High School. He then went on to study at Jesus College, Oxford, and Birkbeck, University of London. He was an economics researcher and financial analyst before being elected to the House of Commons. He served as a Liberal Democrat spokesperson to Charles Kennedy, Menzies Campbell and Nick Clegg from 2005 to 2010, in various portfolios including Education and Skills, Trade and Industry, and Foreign and Commonwealth Affairs. In 2010, after the Liberal Democrats entered into a coalitio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second Reading
A reading of a bill is a stage of debate on the bill held by a general body of a legislature. In the Westminster system, developed in the United Kingdom, there are generally three readings of a bill as it passes through the stages of becoming, or failing to become, legislation. Some of these readings may be formalities rather than actual debate. The procedure dates back to the centuries before literacy was widespread. Since many members of Parliament were illiterate, the Clerk of Parliament would read aloud a bill to inform members of its contents. By the end of the 16th century, it was practice to have the bill read on three occasions before it was passed. Preliminary reading In the Israeli Knesset, private member bills do not enter the house at first reading. Instead, they are subject to a preliminary reading, where the members introducing the bill present it to the Knesset, followed by a debate on the general outlines of the bill followed by a vote on whether to send it t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John McDonnell
John Martin McDonnell (born 8 September 1951) is a British politician who served as Shadow Chancellor of the Exchequer from 2015 to 2020. A member of the Labour Party, he has been Member of Parliament (MP) for Hayes and Harlington since 1997. McDonnell served as chair of the Socialist Campaign Group in Parliament and Labour Representation Committee; he also chaired the Public Services Not Private Profit Group. He is also parliamentary convenor of the Trade Union Co-ordinating Group of eight left-wing trade unions representing over half a million workers. McDonnell attempted to stand for the position of Labour Party leader following Tony Blair's resignation in 2007, but failed to get enough nominations. He was a candidate for the party leadership again in 2010 following Gordon Brown's resignation after Labour's electoral defeat, but withdrew in favour of Diane Abbott, feeling that he would be unable to secure enough nominations. Alongside Jeremy Corbyn, McDonnell has been s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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