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LGC Ltd
LGC Group, formerly the Laboratory of the Government Chemist, is an international life sciences measurement and tools company. It provides the role and duties of the UK Government Chemist, a statutory role and adviser to the government. LGC also hosts the UK's National Measurement Laboratory (NML) for chemical and bio-measurement, which performs measurements for diagnostics, advanced therapeutics, safety and security, among others. Functions LGC provides measurement products and services, including reference materials and proficiency testing, genomics reagents and instrumentation, and sample analysis and interpretation. LGC serves customers in pharmaceuticals, agricultural biotechnology, diagnostics, and others. LGC operates through the genomics and standards divisions. In the genomics division, the offering has been built around core capabilities that are intended for many genomics applications: * Nucleic acid chemistry, specifically the design, development, and manufactur ...
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Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ...
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Clement's Inn
The Inns of Chancery or ''Hospida Cancellarie'' were a group of buildings and legal institutions in London initially attached to the Inns of Court and used as offices for the clerks of chancery, from which they drew their name. Existing from at least 1344, the Inns gradually changed their purpose, and became both the offices and accommodation for solicitors (as the Inns of Court were to barristers) and a place of initial training for barristers. The practice of training barristers at the Inns of Chancery had died out by 1642, and the Inns instead became dedicated associations and offices for solicitors. With the founding of the Society of Gentleman Practisers in 1739 and the Law Society of England and Wales in 1825, a single unified professional association for solicitors, the purpose of the Inns died out, and after a long period of decline the last one (Clement's Inn) was sold in 1903 and demolished in 1934. History The Inns of Chancery evolved in tandem with the Inns of Cou ...
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Legal & General
Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortgages (a form of equity release), pensions, annuities, and life assurance. As of January 2020, it no longer provides general insurance following the sale of Legal & General Insurance to Allianz. It has operations in the United Kingdom and United States, with investment management businesses in the Gulf, Europe and Asia. Legal & General is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Legal & General Investment Management (LGIM), the asset management arm of L&G, is the 10th largest investment management firm in the world by AUM. It is also the second largest institutional investment management firm in Europe (after BlackRock). History 1836 to 2000 Legal & General was formed by Sergeant John Adams and f ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Royal Society Of Chemistry
The Royal Society of Chemistry (RSC) is a learned society (professional association) in the United Kingdom with the goal of "advancing the chemistry, chemical sciences". It was formed in 1980 from the amalgamation of the Chemical Society, the Royal Institute of Chemistry, the Faraday Society, and the Society for Analytical Chemistry with a new Royal Charter and the dual role of learned society and professional body. At its inception, the Society had a combined membership of 34,000 in the UK and a further 8,000 abroad. The headquarters of the Society are at Burlington House, Piccadilly, London. It also has offices in Thomas Graham House in Cambridge (named after Thomas Graham (chemist), Thomas Graham, the first president of the Chemical Society) where ''RSC Publishing'' is based. The Society has offices in the United States, on the campuses of The University of Pennsylvania and Drexel University, at the University City Science Center in Philadelphia, Pennsylvania, in both Beijing a ...
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Michael Heseltine
Michael Ray Dibdin Heseltine, Baron Heseltine, (; born 21 March 1933) is a British politician and businessman. Having begun his career as a property developer, he became one of the founders of the publishing house Haymarket. Heseltine served as a Conservative Member of Parliament from 1966 to 2001, and was a prominent figure in the governments of Margaret Thatcher and John Major, and served as Deputy Prime Minister and First Secretary of State under Major. Heseltine entered the Cabinet in 1979 as Secretary of State for the Environment, where he promoted the "Right to Buy" campaign that allowed two million families to purchase their council houses. He was considered an adept media performer and a charismatic minister, although he was frequently at odds with Thatcher on economic issues. He was one of the most visible "wets", whose "One Nation" views were epitomised by his support for the regeneration of Liverpool in the early 1980s when it was facing economic collapse; this lat ...
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Department Of Trade And Industry (United Kingdom)
The Department of Trade and Industry (DTI) was a United Kingdom government department formed on 19 October 1970. It was replaced with the creation of the Department for Business, Enterprise and Regulatory Reform and the Department for Innovation, Universities and Skills on 28 June 2007. History The department was first formed on 19 October 1970 with the merger of the Board of Trade and the Ministry of Technology, creating a new cabinet post of Secretary of State for Trade and Industry. The new department also took over the Department of Employment's former responsibilities for monopolies and mergers. In January 1974, the department's responsibilities for energy production were transferred to a newly created Department of Energy. On 5 March that year, following a Labour Party victory in the February 1974 general election, the department was split into the Department of Trade, the Department of Industry and the Department of Prices and Consumer Protection. Reformation In 1983 the ...
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Executive Agency
An executive agency is a part of a government department that is treated as managerially and budgetarily separate, to carry out some part of the executive functions of the United Kingdom government, Scottish Government, Welsh Government or Northern Ireland Executive. Executive agencies are "machinery of government" devices distinct both from non-ministerial government departments and Non-departmental public body, non-departmental public bodies (or "quangos"), each of which enjoy legal and constitutional separation from ministerial control. The model has been applied in several other countries. Size and scope Agencies include well-known organisations such as His Majesty's Prison Service and the Driver and Vehicle Licensing Agency. The annual budget for each agency, allocated by HM Treasury, ranges from a few million pounds for the smallest agencies to £700m for the His Majesty's Courts and Tribunals Service, Court Service. Virtually all government departments have at least one ...
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Department Of Scientific And Industrial Research (United Kingdom)
The Department of Scientific and Industrial Research was a department of the British Government responsible for the organisation, development, and encouragement of scientific and industrial research. At the outbreak of the First World War "Britain found ... it was dangerously dependent on enemy industries". At the request of the Board of Trade, the Board of Education prepared a White Paper under the chairmanship of Sir William McCormick. The DSIR was set up to fill the roles that the White Paper specified: "to finance worthy research proposals, to award research fellowships and studentships n universities and to encourage the development of research associations in private industry and research facilities in university science departments. trapidly assumed a key role in coordinating government aid to university research. It maintained these roles until 1965. The annual budget during its first year, 1915, was £1,000,000. History Before the twentieth century, the government was ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Tetraethyllead
Tetraethyllead (commonly styled tetraethyl lead), abbreviated TEL, is an organolead compound with the formula Pb( C2H5)4. It is a fuel additive, first being mixed with gasoline beginning in the 1920s as a patented octane rating booster that allowed engine compression to be raised substantially. This in turn increased vehicle performance and fuel economy. TEL was first synthesised by German chemist Carl Jacob Löwig in 1853. American chemical engineer Thomas Midgley Jr., who was working for General Motors, was the first to discover its effectiveness as an antiknock agent in 1921, after spending several years attempting to find an additive that was both highly effective and inexpensive. Concerns were later raised over the toxic effects of lead, especially on children. On cars not designed to operate on leaded gasoline, lead and lead oxides coat the catalyst in catalytic converters, rendering them ineffective, and can sometimes foul spark plugs. Starting in the 1970s, many cou ...
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