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Office For Budget Responsibility
The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the UK Treasury, that the UK government established to provide independent economic forecasts and independent analysis of the public finances. It was formally created in May 2010 following the general election (although it had previously been constituted in shadow form by the Conservative party opposition in December 2009) and was placed on a statutory footing by the Budget Responsibility and National Audit Act 2011. It is one of a growing number of official independent fiscal watchdogs around the world. Richard Hughes, former Director of Fiscal Policy at HM Treasury, has been head since October 2020. Functions The UK government created the OBR in 2010 with the goal of offering independent and authoritative analysis of the UK's public finances. To that end it produces two 5-year-ahead forecasts for the economy and the public finances each year, alongside the Budget and Spring Statements. In it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Premiership Of Gordon Brown
Gordon Brown's term as the prime minister of the United Kingdom began on 27 June 2007 when he accepted an invitation of Queen Elizabeth II to form a government, replacing Tony Blair, and ended on 11 May 2010 upon his resignation. While serving as prime minister, Brown also served as the first lord of the treasury, the minister for the civil service, and the leader of the Labour Party. Brown used the term "New Labour" to distinguish his pro- market policies from the more socialist policies which the party had espoused in the past, though Brown's style of government differed to that of his predecessor. Brown rescinded some of the policies which had been introduced or were planned by Blair's administration. He remained committed to close ties with the United States and to the war in Iraq, although he established an inquiry into the reasons for Britain's participation in the conflict. He proposed a "government of all the talents" which would involve co-opting leading personalities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Scholar
Sir Michael Charles Scholar, KCB (born 3 January 1942) is a British civil servant and former President of St John's College, Oxford. Personal Life and Education He was educated at St Olave's Grammar School and St John's College, Cambridge ( BA Classics and Moral Sciences 1964, MA, PhD, Research Fellow, Honorary Fellow 1999) and held positions at Harvard University, the University of California, Berkeley, and the University of Leicester. He is the father of Tom Scholar who was Permanent Secretary to the Treasury between 2016 and 2022. Civil Service Career He joined HM Treasury in 1969 and was appointed Assistant Principal in 1970. He was Private Secretary to the Chief Secretary to the Treasury 1974-76. From 1979 until 1981 he worked for Barclays Bank. He was then Private Secretary to the Prime Minister (1981–83), Under Secretary HM Treasury (1983–87), and Deputy Secretary (1987–93). He was Permanent Secretary of the Welsh Office 1993-96 and of the Department of Trad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Chote
Sir Robert William Chote (born 24 January 1968) is a British economist and chair of the UK Statistics Authority. He was previously chairman of the Office of Budget Responsibility from 2010 to 2020. Education Chote completed his secondary education at St Mary's College in Bitterne Park, Southampton. In 1989 he graduated in economics from Queens' College, Cambridge (where he was president of Cambridge University Social Democrats, and, after the merger of the SDP with the Liberals, chair of Cambridge University Social and Liberal Democrats). He then studied journalism at City University, London, and international public policy at the School of Advanced International Studies at Johns Hopkins University in the United States. Career Chote began his career as a reporter and columnist at ''The Independent'', and was named Young Financial Journalist of the Year in 1993 when working for the ''Independent on Sunday'' by the Wincott Foundation. He then moved to the ''Financial Times'' t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Dilnot
Sir Andrew William Dilnot, (born 19 June 1960) is a Welsh economist and broadcaster. He was formerly the Director of the Institute for Fiscal Studies from 1991 to 2002, and was Principal of St Hugh's College, Oxford between 2002 and 2012. As of September 2012 he is Warden of Nuffield College, Oxford. He served as Chair of the UK Statistics Authority from April 2012 until March 2017.Chair of the Statistics Authority Early life and education Dilnot attended Olchfa School, Swansea, a state .He studi ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Gieve
Sir Edward John Watson Gieve, (born 20 February 1950) is a former British civil servant, who served as Deputy Governor for Financial Stability of the Bank of England and an ''ex officio'' member of the Monetary Policy Committee from 2006 to 2009. Permanent Secretary at the Home Office Gieve served as Permanent Under-Secretary of State at the Home Office from 2001 to 2005. At the time, the Home Office was the government department responsible for law and order, including prisons and probation, policing, oversight of MI5, and immigration and nationality matters. As Permanent Secretary, Gieve was in charge of the Department's administrative functions and its civil servants, working to the Ministerial team headed by the Home Secretary. During Gieve's tenure at the Home Office, there were three Home Secretaries; Jack Straw (until 2001), David Blunkett (2001–2004), and Charles Clarke (from 2004). Blunkett was obliged to resign from government after a scandal involving accusations o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rachel Lomax
Janis Rachel Lomax (born 15 July 1945) is a British economist, banker, and former government official who served as Deputy Governor of the Bank of England, sitting on the Monetary Policy Committee from 1 July 2003 to 30 June 2008. Early life Lomax was born in Swansea, Wales. She was educated at the independent Rossall Preparatory School and Cheltenham Ladies' College, and graduated from Girton College, Cambridge with an MA in 1966, before obtaining an MSc in economics from the London School of Economics in 1968. Career After graduating from LSE in 1968, she joined HM Treasury, where she worked on a range of macroeconomic, monetary, and financial issues. She was in succession Principal Private Secretary to the Chancellor of the Exchequer Nigel Lawson in 1985–86, then a deputy secretary at the Treasury, and then Deputy Chief Economic Adviser in 1990–94. In 1994–95, she was head of the Economic and Domestic Secretariat at the Cabinet Office. From 1995 to 1996, she was a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive (government)
The Executive, also referred as the Executive branch or Executive power, is the term commonly used to describe that part of government which enforces the law, and has overall responsibility for the governance of a state. In political systems based on the separation of powers, such as the USA, government authority is distributed between several branches in order to prevent power being concentrated in the hands of a single person or group. To achieve this, each branch is subject to checks by the other two; in general, the role of the Legislature is to pass laws, which are then enforced by the Executive, and interpreted by the Judiciary. The Executive can be also be the source of certain types of law, such as a decree or executive order. In those that use fusion of powers, typically Parliamentary systems, the Executive forms the government and its members generally belong to the political party that controls the legislature or "Parliament". Since the Executive requires the suppor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
June 2010 United Kingdom Budget
The June 2010 United Kingdom Budget, officially also known as Responsibility, freedom, fairness: a five-year plan to re-build the economy, was delivered by George Osborne, Chancellor of the Exchequer, to the House of Commons in his budget speech that commenced at 12.33pm on Tuesday, 22 June 2010 (just 90 days after the previous budget speech).Budget key points: At-a-glance BBC News, 22 June 2010 It was the first of the Conservative-Liberal Democrat coalition formed after the [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manchester Business School
Alliance Manchester Business School (Alliance MBS) is the business school of the University of Manchester in Manchester, England. One of the most prestigious business schools in the United Kingdom, it is also the second oldest in the UK, and provides education to undergraduates, postgraduates and executives. According to the ''Financial Times'' 2018 Global MBA Rankings, its MBA programme is ranked 10th in Europe, 36th in the world and 4th in the UK. Its "MSc Business Analytics" programme ranked 6th in the world and 2nd in the UK; "MSc International Business and Management" 20th and "MSc Finance" 18th, as per the QS World University Ranking 2018. It includes departments from both the former Victoria University of Manchester's Faculty of Business Administration, and from UMIST. History The "new" Manchester Business School was formed in 2004 as a result of the merger of UMIST's Manchester School of Management, the Institute of Innovation Research (IoIR), the Victoria University ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colin Talbot
Colin Ronald Talbot (born 1952) is a British political scientist. He was until August 2017 a professor at the University of Manchester and held the Chair of Government in the School of Social Sciences. He is now Professor Emeritus at Manchester and a research associate at the University of Cambridge. He has also been an adviser to UK Parliamentary Committees on HM Treasury and on Public Administration. Life and career Colin Talbot has had an unconventional career, leaving school at 16 and working in various jobs before enrolling for an economics and social sciences degree course at Manchester University at the age of 21. He did not obtain a degree, instead becoming involved in student politics at Manchester University at the time. He subsequently obtained an MSc from London South Bank University and a PhD from the London School of Economics and Political Science. His doctoral thesis, awarded in 1995, was oDeveloping strategic managers for UK public services---a competing values ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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