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Inchcape Plc
Inchcape plc is a British multinational automotive distribution, retail and services company headquartered in London. An outgrowth of Calcutta-based Mackinnon Mackenzie Company, Inchcape has operations in 32 countries across Asia, Australia, Europe, Africa and South America. Inchcape is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History 1847–1950 In 1847, William Mackinnon and Robert Mackenzie formed the Mackinnon Mackenzie Company (MMC), a general merchanting partnership based in Calcutta. In 1856 Mackinnon formed the ''Calcutta and Burma Steam Navigation Company'' to carry post to the region: the Company appointed MMC as their agents, secured contracts to transport British troops from Ceylon to India during the Indian Mutiny of 1857 and in 1862 floated on the London Stock Exchange under the name ''British India Steam Navigation Company''. In 1874, James Lyle MacKay joined Mackinnon and Mackenzie in Calcutta and by 1914 was the so ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Gold Standard
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Sir Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the world's leading financ ...
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Exeter , Marsh Barton - Inchcape Vauxhall Car Dealership - Geograph
Exeter () is a city in Devon, South West England. It is situated on the River Exe, approximately northeast of Plymouth and southwest of Bristol. In Roman Britain, Exeter was established as the base of Legio II Augusta under the personal command of Vespasian. Exeter became a religious centre in the Middle Ages. Exeter Cathedral, founded in the mid 11th century, became Anglican in the 16th-century English Reformation. Exeter became an affluent centre for the wool trade, although by the First World War the city was in decline. After the Second World War, much of the city centre was rebuilt and is now a centre for education, business and tourism in Devon and Cornwall. It is home to two of the constituent campuses of the University of Exeter: Streatham and St Luke's. The administrative area of Exeter has the status of a non-metropolitan district under the administration of the County Council. It is the county town of Devon and home to the headquarters of Devon County Council. A p ...
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