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Nick Macpherson
Nicholas Ian Macpherson, Baron Macpherson of Earl's Court, (born 14 July 1959) is a former senior British civil servant. He served as the Permanent Secretary to the Treasury from 2005 to 2016. Macpherson was Permanent Secretary to three Chancellors. He managed the department through the financial and wider economic crisis which began in 2007. Macpherson was nominated for a crossbench peerage in David Cameron's 2016 resignation Honours, and joined the House of Lords on 4 October 2016. Early life Macpherson was educated at Ashdown House and Eton College.''Who's Who 2010'', A & C Black, 2010, He later attended Balliol College, Oxford (where he read Politics and Economics) and University College London. Career Macpherson first worked as an economist at the CBI and Peat Marwick Consulting. Treasury Macpherson entered HM Treasury in 1985. From 1993 to 1997, he was Principal Private Secretary to the Chancellor of the Exchequer; he oversaw the transition from Kenneth Clarke t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Right Honourable
''The Right Honourable'' ( abbreviation: ''Rt Hon.'' or variations) is an honorific style traditionally applied to certain persons and collective bodies in the United Kingdom, the former British Empire and the Commonwealth of Nations. The term is predominantly used today as a style associated with the holding of certain senior public offices in the United Kingdom, Canada, New Zealand, and to a lesser extent, Australia. ''Right'' in this context is an adverb meaning 'very' or 'fully'. Grammatically, ''The Right Honourable'' is an adjectival phrase which gives information about a person. As such, it is not considered correct to apply it in direct address, nor to use it on its own as a title in place of a name; but rather it is used in the third person along with a name or noun to be modified. ''Right'' may be abbreviated to ''Rt'', and ''Honourable'' to ''Hon.'', or both. ''The'' is sometimes dropped in written abbreviated form, but is always pronounced. Countries with common or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gus O'Donnell
Augustine Thomas O'Donnell, Baron O'Donnell, (born 1 October 1952) is a former British senior civil servant and economist, who between 2005 and 2011 (under three Prime Ministers) served as the Cabinet Secretary, the highest official in the British Civil Service. O'Donnell announced after the 2010 General Election that he would step down within that Parliament and did so at the end of 2011. His post was then split into three positions: he was succeeded as Cabinet Secretary by Sir Jeremy Heywood, as Head of the Home Civil Service by Sir Bob Kerslake (in a part-time role), and as Permanent Secretary in the Cabinet Office by Ian Watmore. Whilst Cabinet Secretary, O'Donnell was regularly referred to within the Civil Service, and subsequently in the popular press, as ''GOD''; this was mainly because of his initials. In 2012, O'Donnell joined Frontier Economics as a senior advisor. Background O'Donnell was born and raised in south London. Educated at Salesian College, Battersea, h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spending Review
A spending review, or occasionally a comprehensive spending review, is a governmental process in the United Kingdom carried out by HM Treasury to set firm expenditure limits and, through public service agreements, define the key improvements that the public can expect from these resources. Spending reviews typically focus upon one or several aspects of public spending while comprehensive spending reviews focus upon each government department's spending requirements from a zero base (i.e. without reference to past plans or, initially, current expenditure). The latter are named after the year in which they are announced – thus ''CSR07'' (completed in October 2007) applies to financial years 2008–2011. Other developed countries have similar review processes, e.g. Canada, New Zealand, The Netherlands, Italy, Ireland, and France. France conducted its first comprehensive spending review (called in French "''la Révision Générale des Politiques Publiques''") in 2008. The Netherland ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenneth Clarke
Kenneth Harry Clarke, Baron Clarke of Nottingham, (born 2 July 1940), often known as Ken Clarke, is a British politician who served as Home Secretary from 1992 to 1993 and Chancellor of the Exchequer from 1993 to 1997 as well as serving as deputy chair of British American Tobacco from 1998 to 2007. A member of the Conservative Party, he was Member of Parliament (MP) for Rushcliffe from 1970 to 2019 and was Father of the House of Commons between 2017 and 2019. The President of the Tory Reform Group since 1997, he is a one-nation conservative who identifies with economically and socially liberal views. Clarke served in the Cabinets of Margaret Thatcher and John Major as Chancellor of the Duchy of Lancaster from 1987 to 1988, Health Secretary from 1988 to 1990, and Education Secretary from 1990 to 1992. He held two of the Great Offices of State as Home Secretary and Chancellor of the Exchequer. He contested the Conservative Party leadership three times—in 1997, 2001 and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chancellor Of The Exchequer
The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Principal Private Secretary
A private secretary (PS) is a civil servant in a governmental department or ministry, responsible to a secretary of state or minister; or a public servant in a royal household, responsible to a member of the royal family. The role exists in the civil service of the United Kingdom and several Commonwealth countries including Australia, India and New Zealand as well as other countries influenced by the Westminster system. A private secretary is normally of middle management level; however, as the key official responsible for disseminating ministers' decisions and guidance on matters of policy, and as their gatekeeper, the role is of considerably greater significance than their grade would suggest. Depending on the status of the political principal the official works for, they may be aided by an assistant private secretary (APS), or head a private office. A principal private secretary, or senior private secretary, is a senior civil servant who runs a cabinet minister's private ... [...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] |
University College London
, mottoeng = Let all come who by merit deserve the most reward , established = , type = Public research university , endowment = £143 million (2020) , budget = £1.544 billion (2019/20) , chancellor = Anne, Princess Royal(as Chancellor of the University of London) , provost = Michael Spence , head_label = Chair of the council , head = Victor L. L. Chu , free_label = Visitor , free = Sir Geoffrey Vos , academic_staff = 9,100 (2020/21) , administrative_staff = 5,855 (2020/21) , students = () , undergrad = () , postgrad = () , coordinates = , campus = Urban , city = London, England , affiliations = , colours = Purple and blue celeste , nickname ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A & C Black
A & C Black is a British book publishing company, owned since 2002 by Bloomsbury Publishing. The company is noted for publishing '' Who's Who'' since 1849. It also published popular travel guides and novels. History The firm was founded in 1807 by Charles and Adam Black in Edinburgh. In 1851, the company purchased the copyrights to Sir Walter Scott's ''Waverly'' novels for £27,000. The company moved to the Soho district of London in 1889. During the years 1827–1903 the firm published the seventh, eighth and ninth editions of the ''Encyclopædia Britannica''. This was purchased from Archibald Constable after his company's failure to publish the seventh edition of the encyclopedia. Adam Black retired in 1870 due to his disapproval of his sons' extravagant plans for its ninth edition. This edition, however, would sell half a million sets and was released in 24 volumes from 1875 to 1889. Beginning in 1839, the firm published a series of travel guides known as ''Black's Guide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Who's Who (UK)
''Who's Who'' is a reference work. It is a book, and also a CD-ROM and a website, giving information on influential people from around the world. Published annually as a book since 1849, it lists people who influence British life, according to its editors. Entries include notable figures from government, politics, academia, business, sport and the arts. ''Who's Who 2022'' is the 174th edition and includes more than 33,000 people. The book is the original '' Who's Who'' book and "the pioneer work of its type". The book is an origin of the expression "who's who" used in a wider sense. History ''Who's Who'' has been published since 1849."More about Who's Who" OUP. It was originally published by Baily Brothers. Since 1897, it has been publish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eton College
Eton College () is a public school in Eton, Berkshire, England. It was founded in 1440 by Henry VI under the name ''Kynge's College of Our Ladye of Eton besyde Windesore'',Nevill, p. 3 ff. intended as a sister institution to King's College, Cambridge, making it the 18th-oldest Headmasters' and Headmistresses' Conference (HMC) school. Eton is particularly well-known for its history, wealth, and notable alumni, called Old Etonians. Eton is one of only three public schools, along with Harrow (1572) and Radley (1847), to have retained the boys-only, boarding-only tradition, which means that its boys live at the school seven days a week. The remainder (such as Rugby in 1976, Charterhouse in 1971, Westminster in 1973, and Shrewsbury in 2015) have since become co-educational or, in the case of Winchester, as of 2021 are undergoing the transition to that status. Eton has educated prime ministers, world leaders, Nobel laureates, Academy Award and BAFTA award-winning actors, and ge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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