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National Security And Investment Act 2021
The National Security and Investment Act 2021 (c. 25) (NSIA) is an act of the Parliament of the United Kingdom which was announced in the Queen's Speech on 19 December 2019 and is a piece of legislation introduced in the House of Commons on 11 November 2020. Its Second Reading took place on 17 November 2020, and its Third Reading was scheduled for Wednesday 20 January 2021. The NSIA was sponsored in the Commons by Alok Sharma, who was Secretary of State for Business, Energy and Industrial Strategy in the Second Johnson ministry. Commentary While approaching its Third Reading, the ''Daily Telegraph'' was of the opinion that the "debate about foreign takeovers of companies central to the national interest - from technology to infrastructure - is certain to be a pulpit for argument between China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahe ...
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List Of Acts Of The Parliament Of The United Kingdom From 2021
Public General Acts See also * List of Acts of the Parliament of the United Kingdom References *Current Law Statutes Annotated 2021 {{UK legislation 2021 File:2021 collage V2.png, From top left, clockwise: the James Webb Space Telescope was launched in 2021; Protesters in Yangon, Myanmar following the 2021 Myanmar coup d'état, coup d'état; A civil demonstration against the October–November 2021 ...
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Alok Sharma
Alok Sharma (born 7 September 1967) is a British politician who served as the President for COP26 from 2021-2022. Resigning his previous position as Secretary of State for Business, Energy and Industrial Strategy in order to lead COP26, he retained full Cabinet status from January 2021 to October 2022 as Minister of State for the Cabinet Office. Sharma has been the Conservative Member of Parliament (MP) for Reading West since 2010. Sharma served in Theresa May's government as Minister of State for Housing from 2017 to 2018 and as Parliamentary Under-Secretary of State for Employment from 2018 to 2019. In 2019, he was appointed to Boris Johnson's cabinet as Secretary of State for International Development. In the 2020 cabinet reshuffle he was promoted to being secretary of state for business, energy and industrial strategy, an office in which he served until 2021. Sharma was the President of the 2021 United Nations Climate Change Conference (COP26) and negotiated the Glasgo ...
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Economy Of The United Kingdom
The economy of the United Kingdom is a highly developed social market and market-orientated economy. It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty second-highest by GDP per capita, constituting 3.3% of nominal world GDP. By PPP (purchasing power parity) terms, UK constitutes 2.34% of world GDP. The United Kingdom is one of the most globalised economies, and comprises England, Scotland, Wales and Northern Ireland. In 2020, the UK was the fifth largest exporter in the world and the fifth-largest importer. It also had the third-largest inward foreign direct investment, and the fifth-largest outward foreign direct investment. In 2020, the UK's trade with the 27 member states of the European Union accounted for 49% of the country's exports and 52% of its imports. The service sector dominates, contributing 81% of GDP; the financial services industry is partic ...
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Foreign Relations Of The United Kingdom
The diplomatic foreign relations of the United Kingdom are conducted by the Foreign, Commonwealth and Development Office, headed by the Foreign Secretary. The prime minister and numerous other agencies play a role in setting policy, and many institutions and businesses have a voice and a role. The United Kingdom was the world's foremost power during the 19th and early 20th centuries, most notably during the so-called "Pax Britannica"a period of totally unrivaled supremacy and unprecedented international peace during the mid-to-late 1800s. The country continued to be widely considered a superpower until the Suez crisis of 1956, and this embarrassing incident coupled with the loss of the empire left the UK's dominant role in global affairs to be gradually diminished. Nevertheless, the United Kingdom remains a great power and a permanent member of the United Nations Security Council, a founding member of the G7, G8, G20, NATO, AUKUS, OECD, WTO, Council of Europe, OSCE, and ...
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International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, scramble for Africa, Atlantic slave trade, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Daily Telegraph
Daily or The Daily may refer to: Journalism * Daily newspaper, newspaper issued on five to seven day of most weeks * ''The Daily'' (podcast), a podcast by ''The New York Times'' * ''The Daily'' (News Corporation), a defunct US-based iPad newspaper from News Corporation * ''The Daily of the University of Washington'', a student newspaper using ''The Daily'' as its standardhead Places * Daily, North Dakota, United States * Daily Township, Dixon County, Nebraska, United States People * Bill Daily (1927–2018), American actor * Elizabeth Daily (born 1961), American voice actress * Joseph E. Daily (1888–1965), American jurist * Thomas Vose Daily (1927–2017), American Roman Catholic bishop Other usages * Iveco Daily, a large van produced by Iveco * Dailies, unedited footage in film See also * Dailey, surname * Daley (other) * Daly (other) Daly or DALY may refer to: Places Australia * County of Daly, a cadastral division in South Australia * Daly ...
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Second Johnson Ministry
The second Johnson ministry began on 16 December 2019, three days after Boris Johnson's audience with Queen Elizabeth II where she invited him to form a new administration following the 2019 general election, in which the Conservative Party was returned to power with a majority of 80 seats in the House of Commons. Initially the ministers were largely identical to those at the end of the first Johnson ministry, but changed significantly in cabinet reshuffles in February 2020 and September 2021. In July 2022, following a government crisis as a result of dozens of resignations from his government, Johnson resigned as leader of the Conservative Party. Johnson pledged to remain as Prime Minister and lead a 'caretaker' government until a new Conservative Party leader had been elected. The election results were revealed on Monday 5 September 2022, and the new leader Liz Truss became prime minister on 6 September, resulting in the cabinet's dissolution. History 2019 to 2020 T ...
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Secretary Of State For Business, Energy And Industrial Strategy
The secretary of state for business, energy and industrial strategy, is a secretary of state in the Government of the United Kingdom, with responsibility for the Department for Business, Energy and Industrial Strategy. The incumbent is a member of the Cabinet of the United Kingdom. The incumbent Business Secretary is Grant Shapps who was appointed by Rishi Sunak on 25 October 2022. Responsibilities Corresponding to what is generally known as a commerce minister in many other countries, the business secretary's remit includes: * Oversight of science, research and innovation in Britain * Relations with domestic and international business * Policy relating to climate change * Policy relating to deregulation * Policy relating to energy security * Oversight of energy policy and industrial policy History During the government of Sir Alec Douglas-Home, the then President of the Board of Trade Edward Heath was given in addition the job of Secretary of State for Industry, Trade a ...
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House Of Commons
The House of Commons is the name for the elected lower house of the bicameral parliaments of the United Kingdom and Canada. In both of these countries, the Commons holds much more legislative power than the nominally upper house of parliament. The leader of the majority party in the House of Commons by convention becomes the prime minister. Other parliaments have also had a lower house called a "House of Commons". History and naming The House of Commons of the Kingdom of England evolved from an undivided parliament to serve as the voice of the tax-paying subjects of the counties and of the boroughs. Knights of the shire, elected from each county, were usually landowners, while the borough members were often from the merchant classes. These members represented subjects of the Crown who were not Lords Temporal or Spiritual, who themselves sat in the House of Lords. The House of Commons gained its name because it represented communities (''communes''). Since the 19th century, ...
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Kwasi Kwarteng
Akwasi Addo Alfred Kwarteng (born 26 May 1975) is a British Conservative Party politician who has been the Member of Parliament (MP) for Spelthorne in northern Surrey since May 2010. He was Secretary of State for Business, Energy and Industrial Strategy from 2021 to 2022, and Chancellor of the Exchequer in the short-lived Liz Truss government between September and October 2022. Kwarteng was born in London to Ghanaian immigrant parents and was educated at Eton College and Trinity College, Cambridge. He worked as a columnist for ''The Daily Telegraph'' and as a financial analyst before standing for election to the House of Commons. As a backbencher, Kwarteng co-wrote a number of papers and books, including ''After the Coalition'' (2011) and ''Britannia Unchained'' (2012). In November 2018, Kwarteng was appointed Parliamentary Under-Secretary of State for Exiting the European Union by Theresa May. Following Boris Johnson's appointment as Prime Minister in July 2019, Kwarteng was ...
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Queen's Speech
A speech from the throne, or throne speech, is an event in certain monarchies in which the reigning sovereign, or a representative thereof, reads a prepared speech to members of the nation's legislature when a Legislative session, session is opened, outlining the government's agenda and focus for the forthcoming session, or in some cases closed. When a session is opened, the address sets forth the government's priorities with respect to its legislative agenda, for which the cooperation of the legislature is sought. The speech is often accompanied with formal ceremony and is often held annually, although in some places it may occur more or less frequently, whenever a new session of the legislature is opened. Historically, when monarchs exercised personal influence and overall decision-making in government, a speech from the throne would outline the policies and objectives of the monarch; the speech was usually prepared by the monarch's advisers, but the monarch supervised the d ...
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