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Exchequer Secretary To The Treasury
The Exchequer Secretary to the Treasury is a junior ministerial post in HM Treasury, His Majesty's Treasury, ranked below the First Lord of the Treasury, the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster General and the Financial Secretary to the Treasury, and alongside the Economic Secretary to the Treasury. It ranks at Parliamentary Secretary level and is not a Cabinet of the United Kingdom, Cabinet office. Unlike the other posts of Secretary to the Treasury, it is only used occasionally, normally when the post of Paymaster General is allocated to a minister outside the Treasury. The first Exchequer Secretary was Phillip Oppenheim, who held the post from 23 July 1996 to 2 May 1997, when he lost his seat in the general election that brought Tony Blair to power. After a period of abeyance, the office was reinstated upon Gordon Brown's accession as Prime Minister in June 2007, when Angela Eagle was appointed Exchequer Secretary. The position was he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Coat Of Arms Of The United Kingdom
The royal coat of arms of the United Kingdom, or the royal arms for short, is the arms of dominion of the British monarch, currently King Charles III. These arms are used by the King in his official capacity as monarch of the United Kingdom. Variants of the royal arms are used by other members of the British royal family, by the Government of the United Kingdom in connection with the administration and government of the country, and some courts and legislatures in a number of Commonwealth realms. A Scottish version of the royal arms is used in and for Scotland. The arms in banner of arms, banner form serve as basis for the monarch's official flag, the Royal Standard of the United Kingdom, Royal Standard. In the standard variant used outside of Scotland, the shield is quartered, depicting in the first and fourth quarters the three passant guardant lions of England; in the second, the rampant lion and double tressure fleur-de-lis#Other European monarchs and rulers, flory-counterflory ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tony Blair
Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of the Opposition from 1994 to 1997, and had served in various shadow cabinet posts from 1987 to 1994. Blair was the Member of Parliament (MP) for Sedgefield from 1983 to 2007. He is the second longest serving prime minister in modern history after Margaret Thatcher, and is the longest serving Labour politician to have held the office. Blair attended the independent school Fettes College, and studied law at St John's College, Oxford, where he became a barrister. He became involved in Labour politics and was elected to the House of Commons in 1983 for the Sedgefield constituency in County Durham. As a backbencher, Blair supported moving the party to the political centre of British politics. He was appointed to Neil Kinnock's shadow cabinet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Finance Initiative
The private finance initiative (PFI) was a United Kingdom government procurement policy aimed at creating "public–private partnerships" (PPPs) where private firms are contracted to complete and manage public projects. Initially launched in 1992 by Prime Minister John Major, and expanded considerably by the Blair government, PFI is part of the wider programme of privatisation and financialisation, and presented as a means for increasing accountability and efficiency for public spending. PFI was controversial in the UK. In 2003, the National Audit Office felt that it provided good value for money overall; according to critics, PFI has been used simply to place a great amount of debt "off-balance-sheet". In 2011, the parliamentary Treasury Select Committee recommended: In October 2018, the then-chancellor Philip Hammond announced that the UK government would no longer use PFI; however, PFI projects will continue to operate for some time to come. In 2021, Robert Naylor warned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Excise
file:Lincoln Beer Stamp 1871.JPG, upright=1.2, 1871 U.S. Revenue stamp for 1/6 barrel of beer. Brewers would receive the stamp sheets, cut them into individual stamps, cancel them, and paste them over the Bunghole, bung of the beer barrel so when the barrel was tapped it would destroy the stamp. An excise, or excise tax, is any duty (economics), duty on manufactured goods (economics), goods that is levied at the moment of manufacture rather than at sale. Excises are often associated with customs duties, which are levied on pre-existing goods when they cross a designated border in a specific direction; customs are levied on goods that become taxable items at the ''border'', while excise is levied on goods that came into existence ''inland''. An excise is considered an indirect tax, meaning that the producer or seller who pays the levy to the government is expected to try to recover their loss by raising the price paid by the eventual buyer of the goods. Excises are typically impos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Credit
A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases. Another way to think of a tax credit is as a rebate. Refundable vs. non-refundable A refundable tax credit is one which, if the credit exceeds the taxes due, the government pays back to the taxpayer the difference. In other words, it makes possible a negative tax liability. For example, if a taxpayer has an initial tax liability of $100 and applies a $300 tax credit, then the taxpayer ends with a liability of –$200 and the government refunds to the taxpayer that $200. With a non-refundable tax credit, if the credit exceeds the taxes due then the taxpayer pays nothing but does not receive the difference. In this case, the taxpayer from the example would end with a tax liability of $0 (i.e. they could mak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Research And Development
Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existing ones. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small Business
Small businesses are types of corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy varies depending on the country and industry. Small businesses range from fifteen employees under the Australian ''Fair Work Act 2009'', fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S. Small Business Administration programs. While small businesses can also be classified according to other methods, such as annual revenues, shipments, sales, assets, or by annual gross or net revenue or net profits, the number of employees is one of the most widely used measures. Small businesses in many countries include service or retail operations such as convenience stores, small grocery stores, bakeries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Official Opposition Frontbench
The frontbench of His Majesty's Loyal Opposition in the Parliament of the United Kingdom consists of the Shadow Cabinet and other official shadow ministers of the political party currently serving as the Official Opposition. The Opposition front bench provide Parliamentary opposition to the British Government front bench, and is currently the Labour Party led by Keir Starmer since April 2020. Key Although listed, Parliamentary Private Secretaries do not sit on the front bench. Members of the front bench sitting on Labour's National Executive Committee are also listed. Leader of the Opposition and Cabinet Office Foreign relations Law and order Economy Social services Environment Culture Transport Devolved and local government Parliament See also * British Government frontbench * Cabinet of the United Kingdom * Frontbench Team of Ian Blackford * Opposition frontbench of Keir Starmer * Opposition frontbench of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shadow Exchequer Secretary To The Treasury
The Shadow Exchequer Secretary to the Treasury is a member of the Official Opposition frontbench in the United Kingdom. The officeholder shadows the Exchequer Secretary to the Treasury. The current officeholder is Labour MP Abena Oppong-Asare shadowing James Cartlidge on the Treasury bench The Government frontbench in the Parliament of the United Kingdom, also known as the Treasury Bench, consists of the Cabinet and all other ministers. Parliamentary opposition to the Government frontbench is provided by the Official Opposition .... List References Official Opposition (United Kingdom) {{UK-poli-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kemi Badenoch
Olukemi Olufunto Badenoch ( ; née Adegoke, 2 January 1980) is a British politician serving as Secretary of State for International Trade, President of the Board of Trade and Minister for Women and Equalities since 2022. She previously served in a series of junior ministerial positions under Boris Johnson from 2019 to 2022. A member of the Conservative Party, she has served as the Member of Parliament (MP) for Saffron Walden since 2017. Born in Wimbledon, London, to Yoruba parents, Badenoch spent parts of her childhood in Lagos and the United States before returning to the United Kingdom at 16. After graduating from the University of Sussex, she was a software engineer at Logica before studying law at Birkbeck, University of London. Badenoch later pursued a career in banking, working for the Royal Bank of Scotland Group and Coutts. In 2012, Badenoch unsuccessfully contested a seat on the London Assembly, but was appointed to the body after Victoria Borwick resigned in 2015. A s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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