Geddes's Axe
The Geddes Axe was the drive for public economy and retrenchment in UK government expenditure recommended in the 1920s by a Committee on National Expenditure chaired by Sir Eric Geddes and with Lord Inchcape, Lord Faringdon, Sir Joseph Maclay and Sir Guy Granet also members. Background During and after the Great War, government expenditure and taxation increased. Taxation per head per annum was £18 in 1919; £22 in 1920; and £24 in 1921. In 1913–14 the Civil Services and Revenue Departments cost £81.3 million; in 1920–21 they cost £523.3 million; and in 1921–22 they cost £590.7 million. The Armed Forces cost around £77 million in the year before the War and approaching £190 million in 1921–22. Similarly, the National Debt and other Consolidated Fund Services increased over the same time from £37.3 million to £359.8 million. In 1921 the Anti-Waste League was formed by Lord Rothermere to campaign against what they considered wasteful government expen ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Retrenchment
Retrenchment (, an old form of ''retranchement'', from ''retrancher'', to cut down, cut short) is an act of cutting down or reduction, particularly of public expenditure. Political usage The word is familiar in its most general sense from the motto for the Gladstonian Liberal party in British politics, " Peace, Retrenchment and Reform." The 1906 Liberal landslide manifesto was launched with this slogan: Expenditure calls for taxes, and taxes are the plaything of the tariff reformer. Militarism, extravagance, protection are weeds which grow in the same field, and if you want to clear the field for honest cultivation you must root them all out. For my own part, I do not believe that we should have been confronted by the spectre of protection if it had not been for the South African war. ... Depend upon it that in fighting for our open ports and for the cheap food and material upon which the welfare of the people and the prosperity of our commerce depend we are fighting against th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chancellor Of The Exchequer
The chancellor of the exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, the chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always second lord of the Treasury as one of at least six Lords Commissioners of the Treasury, lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1922 In The United Kingdom
Events from the year 1922 in the United Kingdom. Irish affairs occupied an important place in politics throughout this year. 1922 saw the establishment of the Irish Free State in the south and west of the island. Incumbents * Monarch – George V * Prime Minister – David Lloyd George (Coalition) (until 19 October), Bonar Law (Conservative) (starting 23 October) Overview The social and political problems of most prominence in this year showed a further departure from those that chiefly occupied public attention during the Great War, and the country had by then almost returned to its normal condition. Prices continued to fall during the early part of the year, but very slowly as compared with the previous decline, and in the latter half of the year the fall ceased almost entirely, prices becoming comparatively stabilized at about 80% above the level of July 1914. Labour problems, which occupied so much attention during and after the war, were less constantly in the public e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1921 In The United Kingdom
Nineteen or 19 may refer to: * 19 (number) * One of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (1987 film), a 1987 science fiction film * '' 19-Nineteen'', a 2009 South Korean film * '' Diciannove'', a 2024 Italian drama film informally referred to as "Nineteen" in some sources Science * Potassium, an alkali metal * 19 Fortuna, an asteroid Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album '' 63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle * "Stone in Focus", officially "#19", a composition by Aphex Twin * "Nineteen", a song from the 1992 album ''Refugee'' by Bad4Good * "Nineteen", a song from the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1920s In Economic History
Nineteen or 19 may refer to: * 19 (number) * One of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (1987 film), a 1987 science fiction film * ''19-Nineteen'', a 2009 South Korean film * ''Diciannove'', a 2024 Italian drama film informally referred to as "Nineteen" in some sources Science * Potassium, an alkali metal * 19 Fortuna, an asteroid Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle * "Stone in Focus", officially "#19", a composition by Aphex Twin * "Nineteen", a song from the 1992 album ''Refugee'' by Bad4Good * "Nineteen", a song from the 2001 al ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic History Of The United Kingdom
The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after Laws in Wales Acts 1535 and 1542, 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century. Scotland and England (including Wales, which had been treated as part of England since 1536) shared a monarch from 1603 but their economies were run separately until they were unified in the Act of Union 1707. Ireland was incorporated in the United Kingdom economy between 1800 and 1922; from 1922 the Irish Free State (the modern Republic of Ireland) became independent and set its own economic policy. Great Britain, and England in particular, became one of the most prosperous economic regions in the world between the late 1600s and early 1800s as a result of being the birthplace of the Industrial Revolution that began in the mid-eighteenth century. The developments brought by industrialisati ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rupert Gould
Rupert Thomas Gould (16 November 1890 – 5 October 1948) was a lieutenant-commander in the British Royal Navy noted for his contributions to horology (the science and study of timekeeping devices). He was also an author and radio personality. Life Gould grew up in Southsea, near Portsmouth, where his father, William Monk Gould, was a music teacher, organist, and composer. He was educated at Eastman's Royal Naval Academy and then, from 15 January 1906 the Royal Naval College, Dartmouth, being part of the 'Greynville' term (group), and by Easter 1907, examinations placed him at the top of his class. He became a midshipman on 15 May 1907. He initially served on HMS ''Formidable'' and HMS ''Queen'' (under Captain David Beatty) in the Mediterranean. Subsequently, he was posted to China (first aboard HMS ''Kinsha'' and then HMS ''Bramble''). He chose the "navigation" career track and, after qualifying as a navigation officer, served on HMS ''King George V'' and HMS ''Achate ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Times
''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821), are published by Times Media, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'' were founded independently and have had common ownership only since 1966. It is considered a newspaper of record in the UK. ''The Times'' was the first newspaper to bear that name, inspiring numerous other papers around the world. In countries where these other titles are popular, the newspaper is often referred to as or , although the newspaper is of national scope and distribution. ''The Times'' had an average daily circulation of 365,880 in March 2020; in the same period, ''The Sunday Times'' had an average weekly circulation of 647,622. The two ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Glasgow Herald
''The Herald'' is a Scottish broadsheet newspaper founded in 1783. ''The Herald'' is the longest running national newspaper in the world and is the eighth oldest daily paper in the world. The title was simplified from ''The Glasgow Herald'' in 1992. Following the closure of the ''Sunday Herald'', the ''Herald on Sunday'' was launched as a Sunday edition on 9 September 2018. History Founding The newspaper was founded by an Edinburgh-born printer called John Mennons in January 1783 as a weekly publication called the ''Glasgow Advertiser''. Mennons' first edition had a global scoop: news of the treaties of Versailles reached Mennons via the Lord Provost of Glasgow just as he was putting the paper together. War had ended with the American colonies, he revealed. ''The Herald'', therefore, is as old as the United States of America, give or take an hour or two. The story was, however, only carried on the back page. Mennons, using the larger of two fonts available to him, put it in th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oxford English Dictionary
The ''Oxford English Dictionary'' (''OED'') is the principal historical dictionary of the English language, published by Oxford University Press (OUP), a University of Oxford publishing house. The dictionary, which published its first edition in 1884, traces the historical development of the English language, providing a comprehensive resource to scholars and academic researchers, and provides ongoing descriptions of English language usage in its variations around the world. In 1857, work first began on the dictionary, though the first edition was not published until 1884. It began to be published in unbound Serial (literature), fascicles as work continued on the project, under the name of ''A New English Dictionary on Historical Principles; Founded Mainly on the Materials Collected by The Philological Society''. In 1895, the title ''The Oxford English Dictionary'' was first used unofficially on the covers of the series, and in 1928 the full dictionary was republished in 10 b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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George Peden
George C. Peden (born 1943) is an emeritus professor of history at Stirling University, Scotland Scotland is a Countries of the United Kingdom, country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjac .... Career Peden was born in Dundee and educated at Grove Academy, Broughty Ferry. He has written about the British Treasury; Keynesian economics; economic aspects of defence and foreign policy; the welfare state, and some recent Economic history of Scotland, Scottish economic history. He worked for eight years as a sub-editor of the ''Dundee Evening Telegraph'' before becoming a mature student at Dundee University, graduating MA with first class honours in modern history in 1972. He was a postgraduate at Brasenose College, Oxford, completing his thesis under the supervision of Professor N. H. Gibbs and graduating with a D.Phil. in 19 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |