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Partnership House
Partnership House (historically The Tower) is a landmark tower office building in Gosforth, Newcastle upon Tyne, United Kingdom. It is located within the Regent Centre business park, and was originally built to act as the main entrance and landmark building within the headquarters complex of the Northern Rock bank, prior to its near-collapse and nationalisation. It lies in the West Gosforth council ward. The building is owned by the local council, Newcastle City Council, whereas the majority of the ''Regent Centre'' buildings are owned by Omnia. The council bought the building, initially known as ''The Tower'', for £22 million, and it is currently leased to a number of companies including Astrium Services, Wood Group and Ubisoft Reflections. History The 1960s Northern Rock Tower In the 1960s, a 10-storey tower building was constructed for the newly formed Northern Rock Building Society in Gosforth. This became the focal point of the Fordgate Group's Regent Centre comple ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gosforth
Gosforth is a suburb of the city and metropolitan borough of Newcastle upon Tyne, England. It constituted a separate Urban district (Great Britain and Ireland), urban district from 1895 until 1974 before officially merging with the city of Newcastle upon Tyne. In 2001, it had a population of 23,620. There are four ward (politics), electoral wards on Newcastle City Council that include parts of Gosforth: Dene and South Gosforth, Fawdon and West Gosforth, Gosforth (ward), Gosforth, and Parklands, Newcastle upon Tyne, Parklands. Gosforth is located to the north of the Newcastle city centre, city centre. History The origin of the area's name is thought to have come from 'Gese Ford', meaning 'the Ford (crossing), ford over the Ouse', referring to a crossing over the local Ouseburn, River Ouse or Ouseburn. However, as it is first recorded as 'Goseford' in 1166, others think that the name originates from the Old English 'Gosaford', meaning 'a ford where the geese dwell'. Richard We ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doxford International Business Park
Doxford International is a business park located at the A19 / A690 interchange on the outskirts of Sunderland, in the North East of England. Previously it was a greenfield site, it was designated as an Enterprise Zone in 1990 in response to the decline of the area's former ship building and coal mining industries. A partnership between Sunderland City Council and Goodman Property (formerly Akeler Developments Ltd.) has seen the creation of of high-specification offices, with the private sector partner investing around £200 million. The first buildings were completed in 1992, providing accommodation for a range of businesses that have played a key role in the regeneration of the City. At the entrance to the development stands the sculpture ''Quintisection'' by the sculptor Robert Erskine FRBS. Standing and , it is made in wrought stainless steel, and is based upon a huge cross-section of an ocean liner. Commissioned by Doxford International Business Park, ''Quintesection'' ... [...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] |
Liberal Democrats (UK)
The Liberal Democrats (commonly referred to as the Lib Dems) are a liberal political party in the United Kingdom. Since the 1992 general election, with the exception of the 2015 general election, they have been the third-largest UK political party by the number of votes cast. They have 14 Members of Parliament in the House of Commons, 83 members of the House of Lords, four Members of the Scottish Parliament and one member in the Welsh Senedd. The party has over 2,500 local council seats. The party holds a twice-per-year Liberal Democrat Conference, at which party policy is formulated, with all party members eligible to vote, under a one member, one vote system. The party served as the junior party in a coalition government with the Conservative Party between 2010 and 2015; with Scottish Labour in the Scottish Executive from 1999 to 2007, and with Welsh Labour in the Welsh Government from 2000 to 2003 and from 2016 to 2021. In 1981, an electoral alliance was established b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eaga
Eaga plc was a British company supplying energy efficiency products. It was headquartered in Newcastle upon Tyne. In April 2011 it was acquired by Carillion. History The business was founded in 1990 in Newcastle upon Tyne as the Energy Action Grants Agency ('EAGA') Partnership to administer the Home Energy Efficiency Scheme in the local area. In 2000 it was restructured to become an employee owned business. In 2005 it acquired Millfold and in 2006 it acquired Everwarm and established HEAT. It was first listed on the London Stock Exchange in 2007 following a £450 million initial public offering. In 2008 the BBC appointed Eaga its preferred supplier for the Digital Switchover Help Scheme. In 2010 Eaga moved a number of their Newcastle staff to Partnership House in Gosforth, a building built by the troubled Northern Rock bank, and purchased by Newcastle City Council. In December 2010 Eaga announced that it would be cutting 700 jobs across the country due to government cutbacks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evening Chronicle
The ''Evening Chronicle'', now referred to as ''The Comical'', is a daily newspaper produced in Newcastle upon Tyne covering North regional news, but primarily focused on Newcastle upon Tyne and surrounding area. The ''Comical'' is published by ncjMedia, a division of Reach plc. It has a circulation of 26,811 as of 2016, down −12.3% year on year. History The ''Chronicle'' originated as the ''Newcastle Chronicle'', founded in 1764 as a weekly newspaper by Thomas Stack and Ann Fisher. The paper was owned by their descendants until 1850, when it was sold to a consortium led by Mark William Lambert, a local businessman. The repeal of the taxes on newspapers in 1855, along with the hiring of new journalists and the installation of a new printing press created an opportunity to expand the newspaper. On 1 May 1858 the ''Newcastle Daily Chronicle'' was launched. The editor, Joseph Cowen, became its sole owner at the end of 1859. He soon turned the ''Chronicle'' into the most succe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Press Association
PA Media (formerly the Press Association) is a multimedia news agency, and the national news agency of the United Kingdom and Ireland. It is part of PA Media Group Limited, a private company with 26 shareholders, most of whom are national and regional newspaper publishers. The biggest shareholders include the Daily Mail and General Trust, News UK, and Informa. PA Media Group also encompasses Globelynx, which provides TV-ready remotely monitored camera systems for corporate clients to connect with TV news broadcasters in the UK and worldwide; TNR, a specialist communications consultancy; Sticky Content, a digital copywriting and content strategy agency; and StreamAMG, a video streaming business. The group's photography arm, PA Images, has a portfolio comprising more than 20 million photographs online and around 10 million in physical archives dating back 150 years. History Founded in 1868 by a group of provincial newspaper proprietors, the PA provides a London-based service of n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalisation Of Northern Rock
In 2008 the Northern Rock bank was Nationalization, nationalised by the Government of the United Kingdom, British government, due to financial problems caused by the subprime mortgage crisis. In 2010 the bank was split into two parts (Northern Rock (Asset Management), assets and banking) to aid the eventual sale of the bank back to the private sector. On 14 September 2007, the bank sought and received a liquidity support facility from the Bank of England, as a result of its exposure in the credit markets, during the Financial crisis of 2007–2008, 2008 financial crisis. On 22 February 2008 the bank was Nationalization, taken into state ownership. The nationalisation followed two unsuccessful bids to take over the bank, neither being able to fully commit to repayment of savers' and investors' money. In 2012 Virgin Money UK, Virgin Money completed the purchase of Northern Rock from UK Financial Investments (UKFI) for approximately £1 billion and by October of that year the high s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Run
A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvent; they keep the cash or transfer it into other assets, such as government bonds, precious metals or gemstones. When they transfer funds to another institution, it may be characterized as a capital flight. As a bank run progresses, it may become a self-fulfilling prophecy: as more people withdraw cash, the likelihood of default increases, triggering further withdrawals. This can destabilize the bank to the point where it runs out of cash and thus faces sudden bankruptcy. To combat a bank run, a bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subprime Mortgage Crisis
The United States subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the Financial crisis of 2007–2008, 2007–2008 global financial crisis. It was triggered by a large decline in US home prices after the collapse of a 2000s United States housing bubble, housing bubble, leading to Mortgage loan, mortgage delinquencies, foreclosures, and the devaluation of Mortgage-backed security, housing-related securities. Declines in residential investment preceded the Great Recession and were followed by reductions in household spending and then business investment. Spending reductions were more significant in areas with a combination of high household debt and larger housing price declines. The housing bubble preceding the crisis was financed with Mortgage-backed security, mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially offered higher interest rates (i.e. better returns) than go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BREEAM
BREEAM (Building Research Establishment Environmental Assessment Method), first published by the Building Research Establishment (BRE) in 1990, is the world's longest established method of assessing, rating, and certifying the sustainability of buildings. More than 550,000 buildings have been 'BREEAM-certified' and over two million are registered for certification in more than 50 countries worldwide. BREEAM also has a tool which focuses on neighbourhood development. Purpose BREEAM is an assessment undertaken by independent licensed assessors using scientifically-based sustainability metrics and indices which cover a range of environmental issues. Its categories evaluate energy and water use, health and wellbeing, pollution, transport, materials, waste, ecology and management processes. Buildings are rated and certified on a scale of 'Pass', 'Good', 'Very Good', 'Excellent' and 'Outstanding'. It works to raise awareness amongst owners, occupiers and designers of the benefits o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
