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Public Works Loans Act 1946
The Public Works Loan Board (PWLB) ( cy, Bwrdd Benthyciadau Gwaith Cyhoeddus) was a statutory body of the UK Government that provided loans to public bodies from the National Loans Fund. In 2020, the PWLB was abolished as a statutory organisation, and its functions were allocated to HM Treasury, where they are discharged through the UK Debt Management Office. The members of the PWLB were known as the Public Works Loan Commissioners. History Exchequer Loan and Bill Commissioners Originally known as Exchequer Loan Commissioners, the Public Works Loan Commissioners were first appointed as an ad hoc body in 1793 to alleviate commercial distress resulting from the trade recession which followed the French Revolutionary Wars. In 1817 another single purpose body of Commissioners, known as Exchequer Bill Commissioners, were appointed to provide relief following the Napoleonic Wars. They were to receive "no fee, reward or emolument or gratuity whatever" and their task was to consider ...
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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 ...
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Public Works Loans Act 1887
The Public Works Loan Board (PWLB) ( cy, Bwrdd Benthyciadau Gwaith Cyhoeddus) was a statutory body of the UK Government that provided loans to public bodies from the National Loans Fund. In 2020, the PWLB was abolished as a statutory organisation, and its functions were allocated to HM Treasury, where they are discharged through the UK Debt Management Office. The members of the PWLB were known as the Public Works Loan Commissioners. History Exchequer Loan and Bill Commissioners Originally known as Exchequer Loan Commissioners, the Public Works Loan Commissioners were first appointed as an ad hoc body in 1793 to alleviate commercial distress resulting from the trade recession which followed the French Revolutionary Wars. In 1817 another single purpose body of Commissioners, known as Exchequer Bill Commissioners, were appointed to provide relief following the Napoleonic Wars. They were to receive "no fee, reward or emolument or gratuity whatever" and their task was to consider appli ...
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Districts Of England
The districts of England (also known as local authority districts or local government districts to distinguish from unofficial city districts) are a level of subnational division of England used for the purposes of local government. As the structure of local government in England is not uniform, there are currently four principal types of district-level subdivision. There are a total of 309 districts made up of 36 metropolitan boroughs, 32 London boroughs, 181 two-tier non-metropolitan districts and 58 unitary authorities, as well as the City of London and Isles of Scilly which are also districts, but do not correspond to any of these categories. Some districts are styled as cities, boroughs or royal boroughs; these are purely honorific titles and do not alter the status of the district or the powers of their councils. All boroughs and cities (and a few districts) are led by a mayor who in most cases is a ceremonial figure elected by the district council, but—after local gov ...
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County Council
A county council is the elected administrative body governing an area known as a county. This term has slightly different meanings in different countries. Ireland The county councils created under British rule in 1899 continue to exist in Ireland, although they are now governed under legislation passed by Oireachtas Éireann, principally the Local Government Reform Act 2014. History 1899–1922 The Local Government (Ireland) Act 1898 introduced county councils to Ireland. The administrative and financial business carried by county grand juries and county at large presentment sessions were transferred to the new councils. Principal among these duties were the maintenance of highways and bridges, the upkeep and inspection of lunatic asylums and the appointment of coroners. The new bodies also took over some duties from poor law boards of guardians in relation to diseases of cattle and from the justices of the peace to regulate explosives. The Irish county councils differed in ...
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Capital Expenditure
Capital expenditure or capital expense (capex or CAPEX) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. It is considered a capital expenditure when the asset is newly purchased or when money is used towards extending the useful life of an existing asset, such as repairing the roof. Capital expenditures contrast with operating expenses (opex), which are ongoing expenses that are inherent to the operation of the asset. Opex includes items like electricity or cleaning. The difference between opex and capex may not be immediately obvious for some expenses; for instance, repaving the parking lot may be thought of inherent to the operation of a shopping mall. The dividing line for items like these is that the expense is considered capex if the financial benefit of the expenditure extends beyond the current fiscal year. Usage Capital expenditures are the funds used to acquire or upgra ...
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Great Britain
Great Britain is an island in the North Atlantic Ocean off the northwest coast of continental Europe. With an area of , it is the largest of the British Isles, the largest European island and the ninth-largest island in the world. It is dominated by a maritime climate with narrow temperature differences between seasons. The 60% smaller island of Ireland is to the west—these islands, along with over 1,000 smaller surrounding islands and named substantial rocks, form the British Isles archipelago. Connected to mainland Europe until 9,000 years ago by a landbridge now known as Doggerland, Great Britain has been inhabited by modern humans for around 30,000 years. In 2011, it had a population of about , making it the world's third-most-populous island after Java in Indonesia and Honshu in Japan. The term "Great Britain" is often used to refer to England, Scotland and Wales, including their component adjoining islands. Great Britain and Northern Ireland now constitute the ...
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Ministry Of Housing, Communities And Local Government
The Department for Levelling Up, Housing and Communities (DLUHC), formerly the Ministry for Housing, Communities and Local Government (MHCLG), is a Departments of the Government of the United Kingdom, department of Government of the United Kingdom, His Majesty's Government responsible for Housing in the United Kingdom, housing, communities, local government in England and the Levelling up policy of the Boris Johnson government, levelling up policy. It was established in May 2006 and is the successor to the Office of the Deputy Prime Minister, established in 2001. The department shares its headquarters building, at 2 Marsham Street in London, with the Home Office. It was renamed to add Housing to its title and changed to a ministry in January 2018, and later reverted to a government department in the 2021 British cabinet reshuffle, 2021 reshuffle. There are corresponding departments in the Scottish Government, the Welsh Government and the Northern Ireland Executive, responsible f ...
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Chartered Institute Of Public Finance And Accountancy
The Chartered Institute of Public Finance and Accountancy (CIPFA) is a professional institute for accountants working in the public services, national audit agencies, in major accountancy firms, and in other bodies where public money needs to be managed. It has 14,000 members. It is the only UK professional accountancy body to specialise in public services. Its qualifications include a professional qualification for public sector accountants as well as a postgraduate diploma for people already working in management. CIPFA is a member of the Consultative Committee of Accountancy Bodies, the umbrella organisation for the British accountancy profession. It also belongs to the International Federation of Accountants. CIPFA's regional branches cover the Channel Islands, Europe, Midlands, North East, North West & North Wales, Northern Ireland, Republic of Ireland, Scotland, South East, South West & South Wales and Yorkshire & the Humber. Designation Members of CIPFA are entitled to sty ...
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Prudential Code
Prudential may refer to: Companies * Prudential plc, a British multinational insurance company ** Prudential BSN Takaful, a Malaysian takaful company ** ICICI Prudential Life Insurance, an Indian company * Prudential Financial, an American financial products and services company ** Prudential Securities, former financial services arm of Prudential Financial * Prudential Bank Limited, a private commercial bank in Ghana * Prudential Overall Supply, an American laundry and cleanroom company headquartered in Irvine, California, US * Prudential Steamship Corporation, a defunct American shipping company Buildings and structures * Prudential (Guaranty) Building, Buffalo, New York, US * Prudential Assurance Building (other), two buildings in England * Prudential Center (other), several structures in the United States * Prudential Headquarters, several buildings in Newark, New Jersey, US * Prudential House, a skyscraper in Warsaw, Poland * Prudential Tower, a skyscraper i ...
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Local Government Act 2003
The Local Government Act 2003 (c 26) is an Act of the Parliament of the United Kingdom. It made various changes to the administration of local government in the United Kingdom. Although it contained mainly financial provisions, section 122 repealed section 2A of the Local Government Act 1986, the enactment prohibiting local authorities from 'promoting' homosexuality, in England and Wales. It also created the concept of " business improvement districts". See also *The Ethical Standards in Public Life etc. (Scotland) Act 2000, the Act which repealed section 2A in Scotland Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the .... References * Halsbury's Statutes, External linksThe Local Government Act 2003 as amended from the National Archives.The Local Government Act 2003 as origina ...
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Green Paper
In the United Kingdom, the Commonwealth countries, Hong Kong, the United States and the European Union, a green paper is a tentative government report and consultation document of policy proposals for debate and discussion. A green paper represents the best that the government can propose on the given issue, but, remaining uncommitted, it is able without loss of face to leave its final decision open until it has been able to consider the public reaction to it. Green papers may result in the production of a white paper. They may be seen as grey literature. Canada A green paper in Canada, like a white paper, is an official government document. Green papers tend to be statements not of policy already determined, but of propositions put before the whole nation for discussion. They are produced early in the policy-making process, while ministerial proposals are still being formulated. Many white papers in Canada have been, in effect, green papers, while at least one green paper—that ...
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Monetary Policy
Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency. Monetary policy is a modification of the supply of money, i.e. "printing" more money, or decreasing the money supply by changing interest rates or removing excess reserves. This is in contrast to fiscal policy, which relies on taxation, government spending, and government borrowing as methods for a government to manage business cycle phenomena such as recessions. Further purposes of a monetary policy are usually to contribute to the stability of gross domestic product, to achieve and maintain low unemployment, and to maintain predictable exchange rates with other currencies. Monetary ...
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