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Peter Cruddas, Baron Cruddas
Peter Andrew Cruddas, Baron Cruddas (born 30 September 1953) is an English banker and businessman. He is the founder of online trading company CMC Markets. In the 2007 Sunday Times Rich List, he was named the richest man in the City of London, with an estimated fortune of £860 million. As of March 2012, Forbes estimated his wealth at $1.3 billion, equivalent to £830 million at the time. Cruddas was appointed Conservative Party co-treasurer in June 2011. In March 2012 it was alleged by ''The Sunday Times'' that he had offered access to the Prime Minister David Cameron and the Chancellor George Osborne, in exchange for cash donations of between £100,000 and £250,000. Cruddas resigned the same day. In June 2013, Cruddas successfully sued ''The Sunday Times'' for libel over its coverage of him, which the High Court found had been defamatory. However, in March 2015, an appeal court reduced the libel damages from the original £180,000 to £50,000, ruling that the ''Sunday Ti ...
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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 ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Foreign Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ...
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Western Union
The Western Union Company is an American multinational financial services company, headquartered in Denver, Colorado. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph companies. The company dominated the American telegraphy industry from the 1860s to the 1980s, pioneering technology such as telex and developing a range of telegraph-related services (including wire money transfer) in addition to its core business of transmitting and delivering telegram messages. After experiencing financial difficulties, Western Union began to move its business away from communications in the 1980s and increasingly focused on its money transfer services. The company ceased its communications operations completely in 2006, at which time The New York Times described it as "the world's largest money-transfer business" and ...
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The Scout Association
The Scout Association is the largest Scouting organisation in the United Kingdom and is the World Organization of the Scout Movement's recognised member for the United Kingdom. Following the origin of Scouting in 1907, the association was formed in 1910 and incorporated in 1912 by a royal charter under its previous name of The Boy Scouts Association. The association is the largest national Scout organisation in Europe, representing 35% of the membership of the European Scout Region. , the association claims to provide activities to 464,700 young people (aged –25) in the UK with over 116,400 adult volunteers which is more than one adult for each 4 young people. (pp. 58) Its programmes include Squirrel Scouts (aged 4–6), Beaver Scouts (aged –8), Cub Scouts (aged 8–), Scouts (aged –14), Explorer Scouts (aged 14–18) and adult Network members (aged 18–25). The association aims to provide "fun, adventure and skills for life and give young people the opportunity to ...
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Smithfield Market
Smithfield, properly known as West Smithfield, is a district located in Central London, part of Farringdon Without, the most westerly ward of the City of London, England. Smithfield is home to a number of City institutions, such as St Bartholomew's Hospital and livery halls, including those of the Butchers' and Haberdashers' Companies. The area is best known for the Smithfield meat market, which dates from the 10th century, has been in continuous operation since medieval times, and is now London's only remaining wholesale market. Smithfield's principal street is called ''West Smithfield'', and the area also contains London's oldest surviving church, St Bartholomew-the-Great, founded in AD 1123. The area has borne witness to many executions of heretics and political rebels over the centuries, as well as Scottish knight Sir William Wallace, and Wat Tyler, leader of the Peasants' Revolt, among many other religious reformers and dissenters. Smithfield Market, a Grade II list ...
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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 nationa ...
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House Of Lords Appointments Commission
The House of Lords Appointments Commission is an independent advisory non-departmental public body in the United Kingdom. It has two roles: *to recommend at least two people a year for appointment as non-party-political life peers who sit on the crossbenches; *to vet for propriety most other nominations for membership of the House of Lords, including those nominated by the UK political parties, nominations put forward by the Prime Minister for ministerial appointment in the House of Lords, for public service, and nominations in the Honours lists (including Resignation and Dissolution). The Commission does not vet for propriety the appointments of the Bishops or Archbishops or the 92 hereditary peers who still sit in the House of Lords. The Commission was established in May 2000 to assist the transitional arrangements for reform of the House of Lords. The role of the Prime Minister in making ''non-partisan'' recommendations to the King for creation of life peerages was partiall ...
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Boris Johnson
Alexander Boris de Pfeffel Johnson (; born 19 June 1964) is a British politician, writer and journalist who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2019 to 2022. He previously served as Foreign Secretary from 2016 to 2018 and as Mayor of London from 2008 to 2016. Johnson has been Member of Parliament (MP) for Uxbridge and South Ruislip since 2015, having previously been MP for Henley from 2001 to 2008. Johnson attended Eton College, and studied Classics at Balliol College, Oxford. He was elected president of the Oxford Union in 1986. In 1989, he became the Brussels correspondent — and later political columnist — for ''The Daily Telegraph'', and from 1999 to 2005 was the editor of '' The Spectator''. Following his election to parliament in 2001 he was a shadow minister under Conservative leaders Michael Howard and David Cameron. In 2008, Johnson was elected mayor of London and resigned from the House of Common ...
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2020 Political Honours
As part of the British honours system, Special Honours are issued at the Monarch's pleasure at any given time. The Special Honours refer to the awards made within royal prerogative, operational honours, political honours and other honours awarded outside the New Years Honours and Birthday Honours. Life Peerage Conservative Party * The Rt Hon. Nicola Morgan, to be ''Baroness Morgan of Cotes'', ''of Cotes in the County of Leicestershire.'' – 6 January 2020 * The Rt Hon. Zac Goldsmith, to be ''Baron Goldsmith of Richmond Park'', ''of Richmond Park in the London Borough of Richmond upon Thames'' – 7 January 2020 * Sir Gerry Grimstone, to be ''Baron Grimstone of Boscobel'', ''of Belgravia in the City of Westminster'' – 8 April 2020 * Stephen Greenhalgh, to be ''Baron Greenhalgh'', ''of Fulham in the London Borough of Hammersmith and Fulham'' – 16 April 2020 * Lorraine Fullbrook, to be ''Baroness Fullbrook'', ''of Dogmersfield in the County of Hampshire'' – 31 July * Sir Edwar ...
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Life Peerage
In the United Kingdom, life peers are appointed members of the peerage whose titles cannot be inherited, in contrast to hereditary peers. In modern times, life peerages, always created at the rank of baron, are created under the Life Peerages Act 1958 and entitle the holders to seats in the House of Lords, presuming they meet qualifications such as age and citizenship. The legitimate children of a life peer are entitled to style themselves with the prefix "The Honourable", although they cannot inherit the peerage itself. Before 1887 The Crown, as ''fount of honour'', creates peerages of two types, being hereditary or for life. In the early days of the peerage, the Sovereign had the right to summon individuals to one Parliament without being bound to summon them again. Over time, it was established that once summoned, a peer would have to be summoned for the remainder of their life, and later, that the peer's heirs and successors would also be summoned, thereby firmly entrenchin ...
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Libel
Defamation is the act of communicating to a third party false statements about a person, place or thing that results in damage to its reputation. It can be spoken (slander) or written (libel). It constitutes a tort or a crime. The legal definition of defamation and related acts as well as the ways they are dealt with can vary greatly between countries and jurisdictions (what exactly they must consist of, whether they constitute crimes or not, to what extent proving the alleged facts is a valid defence). Defamation laws can encompass a variety of acts: * Insult against a legal person in general * Defamation against a legal person in general * Acts against public officials * Acts against state institutions (e.g., government, ministries, government agencies, armed forces) * Acts against state symbols * Acts against the state itself * Acts against religions (e.g., blasphemy, discrimination) * Acts against the judiciary or legislature (e.g., contempt of court, censure) Histo ...
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