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July 2020 United Kingdom Summer Statement
The July 2020 United Kingdom summer statement (also known as the coronavirus mini-budget) was a statement from the British Government, or mini-budget statement, delivered on 8 July 2020 by Rishi Sunak, the Chancellor of the Exchequer. It followed the budget delivered earlier in the year, and preceded the Winter Economy Plan. The purpose of the statement was to announce measures aimed at helping to promote economic recovery following the impact of the COVID-19 pandemic. The statement was delivered to the House of Commons, where Sunak unveiled a spending package worth £30bn. Concerns were subsequently raised by organisations including HM Revenue and Customs and the Institute for Fiscal Studies about the statement's impact, as well as its cost-effectiveness, while at least one major retailer declined to take advantage of a financial bonus scheme intended for rehiring employees placed on furlough during the pandemic. Background Sunak delivered his first budget as Chancellor in Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of MPs Elected In The 2019 United Kingdom General Election
In the United Kingdom's (UK) 2019 general election, 650 Members of Parliament (MPs) were elected to the House of Commons – one for each parliamentary constituency. The UK Parliament comprises the elected House of Commons, the House of Lords and the Sovereign. The new Parliament first met on 17 December 2019. After the swearing-in of members and the election of Speaker, the State Opening of Parliament took place on 19 December. The 2021 State Opening of Parliament began the second session on 11 May 2021. The 2022 State Opening of Parliament began the third session on 10 May 2022. House of Commons composition The Conservative Party gained a majority of seats in the election. The Scottish National Party increased their number of seats and the Social Democratic and Labour Party and the Alliance Party returned to the House of Commons for the first time since their defeats in the 2017 and 2015 general elections respectively. The Labour Party, Plaid Cymru and Democratic Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Efficient Energy Use
Efficient energy use, sometimes simply called energy efficiency, is the process of reducing the amount of energy required to provide products and services. For example, insulating a building allows it to use less heating and cooling energy to achieve and maintain a thermal comfort. Installing light-emitting diode bulbs, fluorescent lighting, or natural skylight windows reduces the amount of energy required to attain the same level of illumination compared to using traditional incandescent light bulbs. Improvements in energy efficiency are generally achieved by adopting a more efficient technology or production process or by application of commonly accepted methods to reduce energy losses. There are many motivations to improve energy efficiency. Decreasing energy use reduces energy costs and may result in a financial cost saving to consumers if the energy savings offset any additional costs of implementing an energy-efficient technology. Reducing energy use is also seen as a s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Primark
Primark Stores Limited (; trading as Penneys in the Republic of Ireland) is an Irish multinational fast fashion retailer with headquarters in Dublin, Ireland. It has stores across Europe and in the United States. The Penneys brand is not used outside of Ireland because it is owned elsewhere by American retailer J. C. Penney. History The company's first store, named Penneys and still in operation, was established by Arthur Ryan in June 1969 on behalf of the Weston family (who had founded Associated British Foods in 1935) at 47 Mary Street in Dublin. Success in the Republic of Ireland led to expansion into Northern Ireland, with Penneys opening a large store in Belfast city centre in 1971. The company subsequently expanded outside of Ireland with a Primark store in Derby, England, in 1973. The company could not use the name "Penneys" in Europe outside Ireland, as it was registered by J. C. Penney. The name "Primark" was then invented to use outside Ireland. Primark opened ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jim Harra
James (Jim) Alan Harra, (born July 1962) is a British civil servant who has been First Permanent Secretary and Chief Executive of HM Revenue and Customs since October 2019, in succession to Sir Jonathan Thompson. Background Harra's family are based at Dollingstown in County Down, Northern Ireland. He was educated at Donaghcloney Primary School, Tandragee Junior High School and then Portadown College. He read law at Queen's University, Belfast and then became an inspector of taxes with the Inland Revenue in 1984. Career In January 2009, Harra became Director of Corporation Tax and VAT, and then Director of Personal Tax Customer Operations in March 2011, and Director Personal Tax Operations in October 2011. He was Director-General for Business Tax from 2012 to 2016, when he succeeded Edward Troup as Tax Assurance Commissioner. He became Tax Assurance Commissioner and Director General Customer Strategy and Design in October 2016 and was appointed Second Permanent Secretar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HM Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and economic policy. The Treasury maintains the Online System for Central Accounting and Reporting (OSCAR), the replacement for the Combined Online Information System (COINS), which itemises departmental spending under thousands of category headings, and from which the Whole of Government Accounts (WGA) annual financial statements are produced. History The origins of the Treasury of England have been traced by some to an individual known as Henry the Treasurer, a servant to King William the Conqueror. This claim is based on an entry in the Domesday Book showing the individual Henry "the treasurer" as a landowner in Winchester, where the royal treasure was stored. The Treasury of the United Kingdom thus traces its origins to the Treasury of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conservative Party (UK)
The Conservative Party, officially the Conservative and Unionist Party and also known colloquially as the Tories, is one of the Two-party system, two main political parties in the United Kingdom, along with the Labour Party (UK), Labour Party. It is the current Government of the United Kingdom, governing party, having won the 2019 United Kingdom general election, 2019 general election. It has been the primary governing party in Britain since 2010. The party is on the Centre-right politics, centre-right of the political spectrum, and encompasses various ideological #Party factions, factions including One-nation conservatism, one-nation conservatives, Thatcherism, Thatcherites, and traditionalist conservatism, traditionalist conservatives. The party currently has 356 Member of Parliament (United Kingdom), Members of Parliament, 264 members of the House of Lords, 9 members of the London Assembly, 31 members of the Scottish Parliament, 16 members of the Senedd, Welsh Parliament, 2 D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Gauke
David Michael Gauke (; born 8 October 1971) is a British political commentator, solicitor and former politician who was the Member of Parliament (MP) for South West Hertfordshire from 2005 to 2019. He served in the Cabinet under Theresa May, most notably as Secretary of State for Justice and Lord Chancellor from 2018 to 2019. First elected as a Conservative, Gauke had the Conservative whip removed on 3 September 2019 and until the dissolution sat as an independent politician. Gauke served in the Cameron Government as Exchequer Secretary to the Treasury from 2010 to 2014 and Financial Secretary to the Treasury from 2014 to 2016. During the formation of the May Government in July 2016, he was appointed to the Cabinet as Chief Secretary to the Treasury, where he remained until being appointed Secretary of State for Work and Pensions in 2017. Gauke was appointed Secretary of State for Justice and Lord Chancellor in January 2018. He resigned on 24 July 2019 following the Conserv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute Of Fiscal Studies
The Institute for Fiscal Studies (IFS) is an economic research institute based in London, United Kingdom, which specialises in UK taxation and public policy. It produces both academic and policy-related findings. The institute's aim is to "advance education for the benefit of the public by promoting on a non-political basis the study and discussion of and the exchange and dissemination of information and knowledge concerning national economic and social effects and influences of existing taxes and proposed changes in fiscal systems." It is located in the Bloomsbury area of Central London close to the British Museum and University College London (UCL). History The institute was founded in response to the passing of the Finance Act 1965, by four financial professionals: a banker and later Conservative Party politician ( Will Hopper), an investment trust manager (Bob Buist), a stockbroker (Nils Taube), and a tax consultant (John Chown). In 1964, the then Chancellor of the Ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shadow Chief Secretary To The Treasury
The Shadow Chief Secretary to the Treasury is the most junior member of the Shadow Cabinet, and is the deputy to the Shadow Chancellor of the Exchequer. The Shadow Chief Secretary to the Treasury acts as the primary opposition to the equivalent Governmental position, the Chief Secretary to the Treasury, who is deputy to the Chancellor of the Exchequer. Currently the position of Shadow Chief Secretary to the Treasury is held by Pat McFadden of the Labour Party. List of Shadow Chief Secretary to the Treasury * Joel Barnett Joel Barnett, Baron Barnett, (14 October 1923 – 1 November 2014) was a Labour Party (UK), Labour Party politician. As Chief Secretary to the Treasury in the late 1970s, he devised the Barnett Formula that allocates public spending in Scotland, ... (4 May 1979 - 14 July 1979) References {{UK Parliament Opposition Cabinet Offices Official Opposition (United Kingdom) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bridget Phillipson
Bridget Maeve Phillipson (born 19 December 1983) is a British politician serving as Shadow Secretary of State for Education since 2021. A member of the Labour Party, she has been Member of Parliament for Houghton and Sunderland South since 2010. She served as Shadow Chief Secretary to the Treasury from 2020 to 2021. Early life Bridget Maeve Phillipson was born on 19 December 1983 in Gateshead, Tyne and Wear. She is the daughter of Clare Phillipson, who founded Wearside Women in Need in 1983 as a charity refuge for women affected by domestic violence. She was educated at St Robert of Newminster Catholic School in Washington, Tyne and Wear. From there, she went on to study Modern History at Hertford College, Oxford, graduating in 2005. She joined the Labour Party at the age of fifteen. In 2003, she was elected Co-Chair of the Oxford University Labour Club. Between 2007 and 2010, she was a manager at Wearside Women in Need. Political career Phillipson was selected from a ... [...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] |
Leader Of The Labour Party (UK)
The leader of the Labour Party is the highest position within the United Kingdom's Labour Party. The current holder of the position is Keir Starmer, who was elected to the position on 4 April 2020, following his victory in the party's leadership election. The post of Leader of the Labour Party was officially created in 1922. Before this, between when Labour MPs were first elected in 1906 and the general election in 1922, when substantial gains were made, the post was known as Chairman of the Parliamentary Labour Party.Thorpe, Andrew. (2001) ''A History of the British Labour Party'', Palgrave, In 1970, the positions of leader of the Labour Party and chairman of the Parliamentary Labour Party were separated. In 1921, John R. Clynes became the first leader of the Labour Party to have been born in England; all party leaders before him had been born in Scotland. In 1924, Ramsay MacDonald became the first ever Labour prime minister, leading a minority government which lasted nine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
