Gordon Richardson, Baron Richardson Of Duntisbourne
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Gordon Richardson, Baron Richardson Of Duntisbourne
Gordon William Humphreys Richardson, Baron Richardson of Duntisbourne (25 November 1915 – 22 January 2010) was a British banker, former lawyer, and former Governor of the Bank of England. Biography Richardson was born to John Robert and Nellie Richardson, and was educated at Nottingham High School and Gonville and Caius College, Cambridge. He served during World War II and became a Member of the Order of the British Empire, Military Division, in 1944. He was called to the bar at Gray's Inn in 1946, becoming a member of the Bar Council between 1951 and 1955, but abandoned law for a career in the City. He became a director of J. Henry Schroder & Co in 1957, and was later chairman between 1962 and 1973. He was appointed Governor of the Bank of England in 1973, and remained in that position until 1983. November 1973 saw a run on London and County Securities, marking the start of the secondary banking crisis. While serving as governor, Richardson joined the Privy Council (19 ...
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The Right Honourable
''The Right Honourable'' ( abbreviation: ''Rt Hon.'' or variations) is an honorific style traditionally applied to certain persons and collective bodies in the United Kingdom, the former British Empire and the Commonwealth of Nations. The term is predominantly used today as a style associated with the holding of certain senior public offices in the United Kingdom, Canada, New Zealand, and to a lesser extent, Australia. ''Right'' in this context is an adverb meaning 'very' or 'fully'. Grammatically, ''The Right Honourable'' is an adjectival phrase which gives information about a person. As such, it is not considered correct to apply it in direct address, nor to use it on its own as a title in place of a name; but rather it is used in the third person along with a name or noun to be modified. ''Right'' may be abbreviated to ''Rt'', and ''Honourable'' to ''Hon.'', or both. ''The'' is sometimes dropped in written abbreviated form, but is always pronounced. Countries with common or ...
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Order Of The Garter
The Most Noble Order of the Garter is an order of chivalry founded by Edward III of England in 1348. It is the most senior order of knighthood in the British honours system, outranked in precedence only by the Victoria Cross and the George Cross. The Order of the Garter is dedicated to the image and arms of Saint George, England's patron saint. Appointments are at the sovereign's sole discretion and are usually in recognition of a national contribution, for public service, or for personal service to the sovereign. Membership of the order is limited to the sovereign, the Prince of Wales, and no more than 24 living members, or Companions. The order also includes supernumerary knights and ladies (e.g. members of the British royal family and foreign monarchs). The order's emblem is a garter with the motto (Middle French for 'Shame on him who thinks evil of it') in gold lettering. Members of the order wear it on ceremonial occasions. History King Edward III founded the Order ...
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Britannia
Britannia () is the national personification of Britain as a helmeted female warrior holding a trident and shield. An image first used in classical antiquity, the Latin ''Britannia'' was the name variously applied to the British Isles, Great Britain, and the Roman province of Britain during the Roman Empire. Typically depicted reclining or seated with spear and shield since appearing thus on Roman coins of the 2nd century AD, the classical national allegory was revived in the early modern period. On coins of the pound sterling issued by Charles II of England, Scotland, and Ireland, Britannia appears with her shield bearing the Union Flag. To symbolise the Royal Navy's victories, Britannia's spear became the characteristic trident in 1797, and a helmet was added to the coinage in 1825. By the 1st century BC, Britannia replaced Albion as the prevalent Latin name for the island of Great Britain. After the Roman conquest in 43 AD, ''Britannia'' also came to refer to the Roman ...
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University Of Cambridge
, mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Scholars of the University of Cambridge , type = Public research university , endowment = £7.121 billion (including colleges) , budget = £2.308 billion (excluding colleges) , chancellor = The Lord Sainsbury of Turville , vice_chancellor = Anthony Freeling , students = 24,450 (2020) , undergrad = 12,850 (2020) , postgrad = 11,600 (2020) , city = Cambridge , country = England , campus_type = , sporting_affiliations = The Sporting Blue , colours = Cambridge Blue , website = , logo = University of Cambridge logo ...
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River Cam
The River Cam () is the main river flowing through Cambridge in eastern England. After leaving Cambridge, it flows north and east before joining the River Great Ouse to the south of Ely, at Pope's Corner. The total distance from Cambridge to the sea is about and is navigable for punts, small boats, and rowing craft. The Great Ouse also connects to England's canal system via the Middle Level Navigations and the River Nene. In total, the Cam runs for around from its furthest source (near Debden in Essex) to its confluence with the Great Ouse. Name The original name of the river was the ''Granta'' and (unusually) its present name derives from the city of Cambridge ( ang, Grantebrycge) rather than the other way around: After the city's present name developed in Middle English, the river's name was backformed to match. This was not universally applied, however, and the upper stretch of the river continues to be informally known as the Granta. It has been said''Bedders, Bulldo ...
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Baron
Baron is a rank of nobility or title of honour, often hereditary, in various European countries, either current or historical. The female equivalent is baroness. Typically, the title denotes an aristocrat who ranks higher than a lord or knight, but lower than a viscount or count. Often, barons hold their fief – their lands and income – directly from the monarch. Barons are less often the vassals of other nobles. In many kingdoms, they were entitled to wear a smaller form of a crown called a ''coronet''. The term originates from the Latin term , via Old French. The use of the title ''baron'' came to England via the Norman Conquest of 1066, then the Normans brought the title to Scotland and Italy. It later spread to Scandinavia and Slavic lands. Etymology The word '' baron'' comes from the Old French , from a Late Latin "man; servant, soldier, mercenary" (so used in Salic law; Alemannic law has in the same sense). The scholar Isidore of Seville in the 7th century t ...
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Coronet
A coronet is a small crown consisting of ornaments fixed on a metal ring. A coronet differs from other kinds of crowns in that a coronet never has arches, and from a tiara in that a coronet completely encircles the head, while a tiara does not. In other languages, this distinction is not made as usually the same word for ''crown'' is used irrespective of rank (german: Krone, nl, Kroon, sv, Krona, french: Couronne, etc.) Today, its main use is not as a headgear (indeed, many people entitled to a coronet never have a physical one created), but as a rank symbol in heraldry, adorning a coat of arms. Etymology The word stems from the Old French ''coronete'', a diminutive of ''co(u)ronne'' ('crown'), itself from the Latin ''corona'' (also 'wreath') and from the Ancient Greek ''κορώνη'' (''korōnē''; 'garland' or 'wreath'). Traditionally, such headgear is used by nobles and by princes and princesses in their coats of arms, rather than by monarchs, for whom the word 'c ...
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The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over ''The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its si ...
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Pilgrim Trust
The Pilgrim Trust is a national grant-making trust in the United Kingdom. It is based in London and is a registered charity under English law. It was founded in 1930 with a two million pound grant by Edward Harkness, an American philanthropist. The trust's inaugural board were Stanley Baldwin, Sir James Irvine, Sir Josiah Stamp, John Buchan and Hugh Macmillan; its first secretary was former civil servant, Thomas Jones. Preamble to Trust Deed The preamble to the Trust Deed was written by John Buchan, and reads thus: Recording Britain In 1940 the Trust funded a scheme "Recording the changing face of Britain" established by the Committee for the Employment of Artists in Wartime, part of the Ministry of Labour and National Service. Led by Sir Kenneth Clark, director of the National Gallery, it employed artists to record the home front in Britain, running until 1943. It was motivated by a desire to record and reflect the landscape, already undergoing a period of rapid change thro ...
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Group Of Thirty
The Group of Thirty, often abbreviated to G30, is an international body of financiers and academics which aims to deepen understanding of economic and financial issues and to examine consequences of decisions made in the public and private sectors. Areas within the interest of the group include: the foreign exchange market, international capital markets, international financial institutions, central banks and their supervision of financial services and markets, and macroeconomic issues such as product and labor markets. The group is noted for its advocacy of changes in global clearing and settlement. History The Group of Thirty was founded in 1978 by Geoffrey Bell at the initiative of the Rockefeller Foundation, which also provided initial funding for the body. Its first chairman was Johannes Witteveen, the former managing director of the International Monetary Fund. The G30's current Chairman is Tharman Shanmugaratnam. Its current Chairman of the Board of Trustees is Jac ...
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Morgan Stanley
Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter Reyn ...
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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 head of 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, 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. Formerly, in cases when the chancellorship was vacant, the L ...
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