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Industry Act 1975
The Industry Act 1975 (c. 68) was an Act of the Parliament of the United Kingdom passed by Harold Wilson's Labour government. Background The Labour Party manifesto for the October 1974 general election stated: A new and urgent Industry Act will provide for a system of Planning Agreements between the Government and key companies to ensure that the plans of those companies are in harmony with national needs and objectives and that Government financial assistance is deployed where it will be most effectively used. Wherever we give direct aid to a company out of public funds we shall reserve the right to take a proportionate share of the ownership of the company; and wherever possible this public support will be channelled through the Planning Agreements System. These ideas were inspired by the writings of the socialist economist Stuart Holland and gave impetus to the growing desire amongst Labour's left-wing to fulfil the promise contained in Clause IV of the Party's constitution ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Act Of Parliament
Acts of Parliament, sometimes referred to as primary legislation, are texts of law passed by the Legislature, legislative body of a jurisdiction (often a parliament or council). In most countries with a parliamentary system of government, acts of parliament begin as a Bill (law), bill, which the legislature votes on. Depending on the structure of government, this text may then be subject to assent or approval from the Executive (government), executive branch. Bills A draft act of parliament is known as a Bill (proposed law), bill. In other words, a bill is a proposed law that needs to be discussed in the parliament before it can become a law. In territories with a Westminster system, most bills that have any possibility of becoming law are introduced into parliament by the government. This will usually happen following the publication of a "white paper", setting out the issues and the way in which the proposed new law is intended to deal with them. A bill may also be introduced in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of The United Kingdom
The Parliament of the United Kingdom is the supreme legislative body of the United Kingdom, the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster, London. It alone possesses legislative supremacy and thereby ultimate power over all other political bodies in the UK and the overseas territories. Parliament is bicameral but has three parts, consisting of the sovereign ( King-in-Parliament), the House of Lords, and the House of Commons (the primary chamber). In theory, power is officially vested in the King-in-Parliament. However, the Crown normally acts on the advice of the prime minister, and the powers of the House of Lords are limited to only delaying legislation; thus power is ''de facto'' vested in the House of Commons. The House of Commons is an elected chamber with elections to 650 single-member constituencies held at least every five years under the first-past-the-post system. By constitutional convention, all governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harold Wilson
James Harold Wilson, Baron Wilson of Rievaulx, (11 March 1916 – 24 May 1995) was a British politician who served as Prime Minister of the United Kingdom twice, from October 1964 to June 1970, and again from March 1974 to April 1976. He was the Leader of the Labour Party from 1963 to 1976, and was a Member of Parliament (MP) from 1945 to 1983. Wilson is the only Labour leader to have formed administrations following four general elections. Born in Huddersfield, Yorkshire, to a politically active middle-class family, Wilson won a scholarship to attend Royds Hall Grammar School and went on to study modern history at Jesus College, Oxford. He was later an economic history lecturer at New College, Oxford, and a research fellow at University College, Oxford. Elected to Parliament in 1945 for the seat of Ormskirk, Wilson was immediately appointed to the Attlee government as a Parliamentary Secretary; he became Secretary for Overseas Trade in 1947, and was elevated to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
October 1974 United Kingdom General Election
The October 1974 United Kingdom general election took place on Thursday 10 October 1974 to elect 635 members of the British House of Commons. It was the second general election held that year, the first year that two general elections were held in the same year since 1910, and the first time that two general elections were held less than a year apart from each other since the 1923 and 1924 elections, which took place 10 months apart. The election resulted in the Labour Party led by Harold Wilson winning a bare majority of just 3 seats. This enabled the remainder of the Labour government, 1974–1979 to take place, which saw a gradual loss of its majority. The election of February that year had produced an unexpected hung parliament. Coalition talks between the Conservatives and other parties such as the Liberals and the Ulster Unionists failed, allowing Labour leader Harold Wilson to form a minority government. The October campaign was not as vigorous or exciting as the one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stuart Holland
Stuart Kingsley Holland (born 25 March 1940) is a British economist and former politician. As a Member of Parliament for the Labour Party, Holland represented the Vauxhall constituency in Lambeth, London, from 1979 until 1989, when he resigned his seat in order to take up a post at the European University Institute, Florence. He has held teaching and research posts at the universities of Oxford, Sussex, the European University Institute, the universities of Roskilde and Coimbra; has authored over 180 articles, many in referred journals, chapters in books and other papers and conference presentations; authored, co-authored or edited over 15 books on economic theory and policy, international trade, economic integration, regional theory and policy, social policies, development economics and global governance. Holland currently is a Visiting Professor at the Faculty of Economics of the University of Coimbra and a Senior Scholar of the Institute of Social and European Studies, Kös ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clause IV
Clause IV is part of the Labour Party Rule Book, which sets out the aims and values of the (UK) Labour Party. The original clause, adopted in 1918, called for common ownership of industry, and proved controversial in later years; Hugh Gaitskell attempted to remove the clause following Labour's loss in the 1959 general election. In 1995, under the leadership of Tony Blair, a new Clause IV was adopted. This was seen as a significant moment in Blair's redefinition of the party as New Labour, but has survived beyond the New Labour branding. Text The original version of Clause IV was drafted by Sidney and Beatrice Webb in November 1917, and adopted by the party in 1918. It read, in part 4: This section was widely seen as the Labour Party's commitment to socialism, even though the word "socialism" is not explicitly mentioned. ''The Manchester Guardian'' heralded it as showing "the Birth of a Socialist Party", stating that: In 1918, nationalisation was seen by many voters as aki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ben Pimlott
Benjamin John Pimlott FBA (4 July 1945 – 10 April 2004), known as Ben Pimlott, was a British historian of the post-war period in Britain. He made a substantial contribution to the literary genre of political biography. Early life Pimlott was born on 4 July 1945. His father was John Pimlott, a civil servant at the Home Office and former private secretary to Herbert Morrison. He was educated at Rokeby School (at the time in Wimbledon), Marlborough College and Worcester College, Oxford, where he took a degree in Philosophy, Politics and Economics and a BPhil in politics, having originally won a scholarship to study there. In 1970, despite a pronounced stammer, he was appointed as a lecturer in the politics department of the University of Newcastle, where he also took his PhD. In the February 1974 general election, Pimlott contested Arundel on behalf of the Labour Party, and Cleveland and Whitby the following October. Having lost on both occasions, he also contested the 197 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
