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Paul Deighton
Paul Clive Deighton, Baron Deighton, KBE (born 18 January 1956) is a British Conservative politician who served as Commercial Secretary to HM Treasury from January 2013 to May 2015. Deighton is a former investment banker who previously served as Chief Executive of the London Organising Committee of the Olympic and Paralympic Games (LOCOG), the organisation responsible for planning the 2012 Summer Olympics and Paralympics. Deighton is now Chairman of The Economist Group. Early life Deighton was born in Carshalton, Surrey on 18 January 1956. He was educated at Wallington County Grammar School before going on to Trinity College, Cambridge, graduating in 1978 with a Bachelor of Arts degree in economics. Career Banking Deighton began his career at Bank of America and moved on to Security Pacific National Bank, where he specialised in corporate banking. In 1983, he joined investment bank Goldman Sachs, initially based in London. He spent two years at their New York office from ...
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The Right Honourable
''The Right Honourable'' (abbreviation: ''Rt Hon.'' or variations) is an honorific Style (form of address), 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 Grammatical person, 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 al ...
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Trinity College, Cambridge
Trinity College is a constituent college of the University of Cambridge. Founded in 1546 by King Henry VIII, Trinity is one of the largest Cambridge colleges, with the largest financial endowment of any college at either Cambridge or Oxford. Trinity has some of the most distinctive architecture in Cambridge with its Great Court said to be the largest enclosed courtyard in Europe. Academically, Trinity performs exceptionally as measured by the Tompkins Table (the annual unofficial league table of Cambridge colleges), coming top from 2011 to 2017. Trinity was the top-performing college for the 2020-21 undergraduate exams, obtaining the highest percentage of good honours. Members of Trinity have been awarded 34 Nobel Prizes out of the 121 received by members of Cambridge University (the highest of any college at either Oxford or Cambridge). Members of the college have received four Fields Medals, one Turing Award and one Abel Prize. Trinity alumni include the father of the s ...
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Security Pacific National Bank
Security Pacific National Bank (SPNB) was a large U.S. bank headquartered in Los Angeles, California. It was acquired by Bank of America in 1992. History On September 1, 1868, Hellman, Temple and Co. opened their first bank branch in Los Angeles. The banking firm was the predecessor of Farmers and Merchants Bank (1870), which was the predecessor of Security First National Bank. The bank earned a reputation for aggressive business practices and benefited from economic and population growth in the Western United States. By the mid-20th century it had an international presence, and was ranked the fifth-largest bank in the United States and third-largest in California in terms of deposits. In 1967, Security First National Bank bought Pacific National Bank of San Francisco and became Security Pacific National Bank. In 1971, SPNB Security Pacific National Bank (SPNB) bought 69% of Bank of Canton. In 1975, Security Pacific Bank constructed a 55-story tower in downtown Los An ...
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Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headqu ...
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The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' (founded in 1821) are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'', which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of ''The Times'' is considered to be centre-right. ''The Times'' is the first newspaper to have borne that name, lending it to numerous other papers around the world, such as '' The Times of India'', ''The New York Times'', and more recently, digital-first publications such as TheTimesBlog.com (Since 2017). In countries where these other titles are popular, the newspaper is often referred to as , or as , although the newspaper is of nati ...
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Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational a ...
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Bachelor Of Arts
Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four years, depending on the country and institution. * Degree attainment typically takes four years in Afghanistan, Armenia, Azerbaijan, Bangladesh, Brazil, Brunei, China, Egypt, Ghana, Greece, Georgia, Hong Kong, Indonesia, Iran, Iraq, Ireland, Japan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lithuania, Mexico, Malaysia, Mongolia, Myanmar, Nepal, Netherlands, Nigeria, Pakistan, the Philippines, Qatar, Russia, Saudi Arabia, Scotland, Serbia, South Korea, Spain, Sri Lanka, Taiwan, Thailand, Turkey, Ukraine, the United States and Zambia. * Degree attainment typically takes three years in Albania, Australia, Bosnia and Herzegovina, the Caribbean, Iceland, India, Israel, Italy, New Zealand, Norway, South Africa, Switzerland, the Canadian province o ...
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Wallington County Grammar School
Wallington County Grammar School (WCGS) is a selective state boys' grammar school with a coeducational Sixth Form located in the London Borough of Sutton. From 1968 to the mid-1990s the school was known as Wallington High School for Boys. One of a handful of grammar schools in the borough, it is consistently ranked as one of the top performing state schools in the country based on its GCSE and A-level results. History WCGS opened on 19 September 1927 on the 33rd birthday of its founding headmaster, W.T. Hutchins, with 71 pupils, half a mile from the current site. The building had a single storey, with a wooden extension. The school moved to its present site on Croydon Road in 1935. During the Second World War, WCGS was damaged by a V-2 bomb. All windows were blown out and the roof collapsed. WCGS continued to function, with teachers and students working to rebuild the structure. 52 old boys were killed in action. The 1950s to 1970s marked a period of expansion and develo ...
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The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition. The newspaper was controlled by Tony O'Reilly's Irish Independent News & Media from 1997 until it was sold to the Russian oligarch and former KGB Officer Alexander Lebedev in 2010. In 2017, Sultan Muhammad Abuljadayel bought a 30% stake in it. The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. The website and mobile app had a combined monthly reach of 19,826,000 in 2021. History 1986 to 1990 Launched in 1986, the first issue of ''The Independent'' was published on 7 October in broadsheet format.Dennis Griffiths (ed.) ''The Encyclopedia of the British Press, 1422–1992'', London & Basingstoke: Macmillan, 1992, p. 330 It was pro ...
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The Economist Group
The Economist Group (legally The Economist Newspaper Limited) is a media company headquartered in London, England. It is best known as publisher of ''The Economist'' newspaper and its sister lifestyle magazine, '' 1843''. The Economist Group specialises in international business and world affairs information. Its principal activities are in print and digital media as well as in conferences and market intelligence. Ownership After the death of its founder James Wilson in 1860, ''The Economist'' was held in testamentary trust for his six daughters and their dependents. The eldest, Mrs Bagehot, whose husband Walter was editor at the time of Wilson's death, maintained a close personal interest in the paper until her death in 1921. Subsequently, the Wilson trustees were concerned whether surviving beneficiaries would keep touch with the paper's direction, as further deaths formed subsidiary trusts over time. So in 1928 the Wilson Trust decided to sell the paper, whilst creating a s ...
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2012 Summer Paralympics
The 2012 Summer Paralympics, branded as the London 2012 Paralympic Games, were an international multi-sport parasports event held from 29 August to 9 September 2012 in London, England, United Kingdom. They were the 14th Summer Paralympic Games as organised by the International Paralympic Committee (IPC). They were the first Summer Paralympics to be hosted by London, and the first hosted solely by Great Britain; the English village of Stoke Mandeville co-hosted the 1984 Games with Long Island, New York after its original host, the University of Illinois at Urbana–Champaign, withdrew due to financial issues. In 1948, the village hosted the Stoke Mandeville Games—the first organised sporting event for athletes with disabilities, and a precursor to the modern Paralympic Games—to coincide with the opening of the 1948 Olympics in London. Organisers expected the Games to be the first Paralympics to achieve mass-market appeal, fuelled by continued enthusiasm over Great B ...
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2012 Summer Olympics
The 2012 Summer Olympics (officially the Games of the XXX Olympiad and also known as London 2012) was an international multi-sport event held from 27 July to 12 August 2012 in London, England, United Kingdom. The first event, the group stage in women's football, began on 25 July at the Millennium Stadium in Cardiff, followed by the opening ceremony on 27 July. 10,768 athletes from 204 National Olympic Committees (NOCs) participated in the 2012 Olympics. Following a bid headed by former Olympic champion Sebastian Coe and the then-London mayor Ken Livingstone, London was selected as the host city at the 117th IOC Session in Singapore on 6 July 2005, defeating bids from Moscow, New York City, Madrid, and Paris. London became the first city to host the modern Olympics three times, having previously hosted the Summer Games in 1908 and 1948. Construction for the Games involved considerable redevelopment, with an emphasis on sustainability. Th ...
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