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Felicity Buchan
Felicity Christiana Buchan (born 1970) is a British politician serving as Parliamentary Under Secretary of State for Housing and Homelessness since October 2022. She served as Exchequer Secretary to the Treasury from September to October 2022. She is the Member of Parliament (MP) for Kensington in London since 2019. A member of the Conservative Party, she worked in investment banking for JPMorgan Chase and Bank of America prior to her political career. Early life and education Buchan was born in Fraserburgh, Aberdeenshire, Scotland, the daughter of Charles and Georgina Buchan. She attended the Fraserburgh Academy comprehensive school in Fraserburgh and subsequently studied law at Christ Church, Oxford. Her brother Charles is a partner at the alternative asset management firm Bluecrest Capital Management. Financial career Buchan worked for a decade at American investment bank JPMorgan Chase in their syndicate and capital markets division and was promot ...
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Member Of Parliament (United Kingdom)
In the United Kingdom, a member of Parliament (MP) is an individual elected to serve in the House of Commons of the Parliament of the United Kingdom. Electoral system All 650 members of the UK House of Commons are elected using the first-past-the-post voting system in single member constituencies across the whole of the United Kingdom, where each constituency has its own single representative. Elections All MP positions become simultaneously vacant for elections held on a five-year cycle, or when a snap election is called. The Fixed-term Parliaments Act 2011 set out that ordinary general elections are held on the first Thursday in May, every five years. The Act was repealed in 2022. With approval from Parliament, both the 2017 and 2019 general elections were held earlier than the schedule set by the Act. If a vacancy arises at another time, due to death or resignation, then a constituency vacancy may be filled by a by-election. Under the Representation of the People Act 198 ...
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JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.774 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important bank by the Financial Stability Board. As a " Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand is used by the investment banking, asset management, private banking, wealth man ...
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Brexit
Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC or Euratom). The UK is the only sovereign country to have left the EU or the EC. Greenland left the EC (but became an OTC) on 1 February 1985. The UK had been a member state of the EU or its predecessor the European Communities (EC), sometimes of both at the same time, since 1 January 1973. Following Brexit, EU law and the Court of Justice of the European Union no longer have primacy over British laws, except in select areas in relation to Northern Ireland. The European Union (Withdrawal) Act 2018 retains relevant EU law as domestic law, which the UK can now amend or repeal. Under the terms of the Brexit withdrawal agreement, Northern Ireland continues to participate in the European Single Market in relation to goods, and to be a member o ...
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Emma Lewell-Buck
Emma Louise Lewell-Buck (born 8 November 1978) is a Labour Party politician, who has been the Member of Parliament (MP) for South Shields since winning a by-election in 2013. She is South Shields’s first female MP. Early life From a family of shipyard workers, Lewell-Buck was born in South Shields. She is a direct descendant of William Wouldhave, the inventor of the lifeboat. Lewell-Buck attended St Joseph's Catholic Academy in Hebburn. She studied politics and media studies at Northumbria University, before gaining a master's degree in social work from Durham University. As a social worker, she specialised in child protection, and later represented the Primrose ward in Jarrow as a South Tyneside councillor from 2004 to 2013. Parliamentary career Lewell-Buck won a by-election with a reduced majority at a 2013 by-election following David Miliband's decision to leave the House of Commons. In June 2013, she became a member of the Environment, Food and Rural Affairs Sel ...
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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 ...
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2017 United Kingdom General Election
The 2017 United Kingdom general election was held on Thursday 8 June 2017, two years after the previous general election in 2015; it was the first since 1992 to be held on a day that did not coincide with any local elections. The governing Conservative Party remained the largest single party in the House of Commons but lost its small overall majority, resulting in the formation of a Conservative minority government with a Confidence and supply agreement with the Democratic Unionist Party (DUP) of Northern Ireland. The Conservative Party, which had governed as a senior coalition partner from 2010 and as a single-party majority government from 2015, was defending a working majority of 17 seats against the Labour Party, the official opposition led by Jeremy Corbyn. It was the first general election to be contested by either May or Corbyn; May had succeeded David Cameron following his resignation as prime minister the previous summer, Corbyn had succeeded Ed Miliband wh ...
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Tyne And Wear
Tyne and Wear () is a metropolitan county in North East England, situated around the mouths of the rivers Tyne and Wear. It was created in 1974, by the Local Government Act 1972, along with five metropolitan boroughs of Gateshead, Newcastle upon Tyne, Sunderland, North Tyneside and South Tyneside. It is bordered by Northumberland to the north and Durham to the south; the county boundary was formerly split between these counties with the border as the River Tyne. The former county council was based at Sandyford House. There is no longer county level local governance following the county council disbanding in 1986, by the Local Government Act 1985, with the metropolitan boroughs functioning separately. The county still exists as a metropolitan county and ceremonial purposes, as a geographic frame of reference. There are two combined authorities covering parts of the county area, North of Tyne and North East. History In the late 600s and into the 700s Saint Bede lived ...
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South Shields (UK Parliament Constituency)
South Shields is a borough constituency represented in the House of Commons of the Parliament of the United Kingdom. It elects one Member of Parliament (MP) by the first past the post system of election. It has been represented by Emma Lewell-Buck of the Labour Party since 2013. The seat was created by the Reform Act 1832 as a single-member parliamentary borough. The current constituency covers the area of South Shields in the South Tyneside district of Tyne and Wear. Boundaries 1832-1918 Under the Parliamentary Boundaries Act 1832, the contents of the borough were defined as the Respective Townships of South Shields and Westoe. ''See map on Vision of Britain website.'' 1918–1950 The County Borough of South Shields. ''Expanded to be coterminous with County Borough.'' 1950–1951 As prior but with redrawn boundaries. ''Expanded southwards, including the communities of Harton, transferred from Houghton-le-Spring.'' 1951–1983 As prior but with redrawn bound ...
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2015 United Kingdom General Election
The 2015 United Kingdom general election was held on Thursday, 7 May 2015 to elect 650 members to the House of Commons. It was the first and only general election held at the end of a Parliament under the Fixed-term Parliaments Act 2011. Local elections took place in most areas on the same day. Polls and commentators had predicted the outcome would be too close to call and would result in a second consecutive hung parliament whose composition would be either similar to or more complicated than the 2010 general election. Opinion polls were eventually proven to have underestimated the Conservative vote as the party, having governed in coalition with the Liberal Democrats since 2010, won 330 seats and 36.9% of the vote share, giving them a small overall majority of 12 seats (including Speaker John Bercow—ten seats without him) and their first outright win since 1992. It therefore won a mandate to govern alone with David Cameron continuing as Prime Minister. The Labour P ...
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Northern Ireland
Northern Ireland ( ga, Tuaisceart Éireann ; sco, label= Ulster-Scots, Norlin Airlann) is a part of the United Kingdom, situated in the north-east of the island of Ireland, that is variously described as a country, province or region. Northern Ireland shares an open border to the south and west with the Republic of Ireland. In 2021, its population was 1,903,100, making up about 27% of Ireland's population and about 3% of the UK's population. The Northern Ireland Assembly (colloquially referred to as Stormont after its location), established by the Northern Ireland Act 1998, holds responsibility for a range of devolved policy matters, while other areas are reserved for the UK Government. Northern Ireland cooperates with the Republic of Ireland in several areas. Northern Ireland was created in May 1921, when Ireland was partitioned by the Government of Ireland Act 1920, creating a devolved government for the six northeastern counties. As was intended, Northern Ireland ...
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South Down (UK Parliament Constituency)
South Down is a parliamentary constituency in the United Kingdom House of Commons. The current MP for the constituency is Chris Hazzard of Sinn Féin. Constituency profile The seat covers the Mourne Mountains, and Downpatrick to the north. It has a short border with the Republic to the south. The area voted to Remain in the EU. Boundaries The county constituency was first created in 1885 from the southern part of Down. It was defined as including 'The Baronies of – Iveagh Upper, Lower Half, Lordship of Newry, and Mourne, and so much of the Barony of Iveagh Upper, Upper Half, as comprises the Parishes of – Clonallan, Donaghmore, Drumgath, Kilbroney, and Warrenpoint.'. In 1918, it was redefined as including 'The rural district of Newry No. 1; the part of the rural district of Kilkeel which is not included in the East Down Division; and the urban districts of Newcastle, Newry and Warrenpoint.' From the dissolution of Parliament in 1922, it was merged back into Down. ...
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Financial News
''Financial News'' is a financial newspaper and news website published in London. It is a weekly newspaper, published by eFinancial News Limited, covering the financial services sector through news, views and extensive people coverage. ''Financial News'' was founded in 1996. Financial News is owned by Dow Jones & Company, who acquired eFinancial News in 2007. It is part of the Dow Jones Media Group division, which also includes ''Barron's'', ''Factiva,'' ''MarketWatch'' and ''Mansion Global''. Financial News launched a revamped, mobile-first website and new weekly print edition in January 2017. Titles In addition to the publication of the Financial News, the company also operates ''FNLondon.com'', an updated daily website version of ''Financial News'', and ''The Private Equity News'', which provides daily news and analysis for Europe's private equity industry. ''The Private Equity News'' website is the counterpart to the weekly Private Equity News hard copy and was launched ...
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