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Post Office (Banking Services) Act 1976
The Post Office (Banking Services) Act 1976 (c. 10) was an act of the Parliament of the United Kingdom. The act gave the Post Office greater power to provide banking services. It also opened up the market between Giro systems and banks for transfer services on behalf of the Treasury. Provisions The provisions of the act include: *Extending the power of the Post Office to provide banking services through the amendment of the Post Office Act 1969 and the Protection of Depositors Act 1963. *Giving the Secretary of State the power to set financial objectives to be achieved by the Post Office in providing banking services. *Making it the duty of the Post Office to abide by any such objectives. *Allowing the government to provide money to the Post Office for the purposes of its banking services in the form of public dividend capital. *Reducing the Post Office's debt incurred under the Post Office Act 1969 by £29.7 million. *Repealing Section 1(2) of the Post Office (Borrowing) Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Acts Of The Parliament Of The United Kingdom From 1976
Public General Acts Local Acts See also * List of Acts of the Parliament of the United Kingdom Notes References * * {{UK legislation Lists of Acts of the Parliament of the United Kingdom, 1976 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Springer Science & Business Media
Springer Science+Business Media, commonly known as Springer, is a German multinational publishing company of books, e-books and peer-reviewed journals in science, humanities, technical and medical (STM) publishing. Originally founded in 1842 in Berlin, it expanded internationally in the 1960s, and through mergers in the 1990s and a sale to venture capitalists it fused with Wolters Kluwer and eventually became part of Springer Nature in 2015. Springer has major offices in Berlin, Heidelberg, Dordrecht, and New York City. History Julius Springer founded Springer-Verlag in Berlin in 1842 and his son Ferdinand Springer grew it from a small firm of 4 employees into Germany's then second largest academic publisher with 65 staff in 1872.Chronology ". Springer Science+Business Media. In 1964, Springer expanded its business internationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal System Of The United Kingdom
Postal services in the United Kingdom are provided predominantly by the Royal Mail (and Post Office Limited which oversees post offices). Since 2006, the market has been fully opened to competition which has had greater success in business-to-business delivery than in ordinary letter delivery. The industry is regulated by Ofcom and consumer interests are represented by Consumer Focus. Since 1 October 2011, the main piece of legislation is the Postal Services Act 2011, although some parts of the Postal Services Act 2000 are still in force. The 2011 Act enables the government to privatise Royal Mail and to possibly mutualise Post Office Limited. History The quality of postal services in the 17th and 18th centuries improved with development of better roads and means of transportation. Anthony Trollope is credited with major contributions to the development of postal services in the years 1851-1867, described, ''e.g.'' in Chapters 8 and 13 of his autobiography.Trollope, Anthony (18 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom Acts Of Parliament 1976
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal Banking
Postal savings systems provide depositors who do not have access to banks a safe and convenient method to save money. Many nations have operated banking systems involving post offices to promote saving money among the poor. History In 1861, Great Britain became the first nation to offer such an arrangement. It was supported by Sir Rowland Hill, who successfully advocated the penny post, and William Ewart Gladstone, then Chancellor of the Exchequer, who saw it as a cheap way to finance the public debt. At the time, banks were mainly in the cities and largely catered to wealthy customers. Rural citizens and the poor had no choice but to keep their funds at home or on their persons. The original Post Office Savings Bank was limited to deposits of £30 per year with a maximum balance of £150. Interest was paid at the rate of 2.5 percent per annum on whole pounds in the account. Later, the limits were raised to a maximum of £500 per year in deposits with no limit on the total ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post Office (Borrowing) Act 1972
A post office is a public facility and a retailer that provides mail services, such as accepting letters and parcels, providing post office boxes, and selling postage stamps, packaging, and stationery. Post offices may offer additional services, which vary by country. These include providing and accepting government forms (such as passport applications), and processing government services and fees (such as road tax, postal savings, or bank fees). The chief administrator of a post office is called a postmaster. Before the advent of postal codes and the post office, postal systems would route items to a specific post office for receipt or delivery. During the 19th century in the United States, this often led to smaller communities being renamed after their post offices, particularly after the Post Office Department began to require that post office names not be duplicated within a state. Name The term "post-office" has been in use since the 1650s, shortly after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protection Of Depositors Act 1963
Protection is any measure taken to guard a thing against damage caused by outside forces. Protection can be provided to physical objects, including organisms, to systems, and to intangible things like civil and political rights. Although the mechanisms for providing protection vary widely, the basic meaning of the term remains the same. This is illustrated by an explanation found in a manual on electrical wiring: Some kind of protection is a characteristic of all life, as living things have evolved at least some protective mechanisms to counter damaging environmental phenomena, such as ultraviolet light. Biological membranes such as bark on trees and skin on animals offer protection from various threats, with skin playing a key role in protecting organisms against pathogens and excessive water loss. Additional structures like scales and hair offer further protection from the elements and from predators, with some animals having features such as spines or camouflage s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post Office Act 1969
The Post Office Act 1969 (c.48) is an act of the Parliament of the United Kingdom that changed the General Post Office from a department of state to a public corporation, known as the Post Office. It also abolished the office of Postmaster General of the United Kingdom. The powers of the Postmaster General were transferred to a new cabinet member, the Minister of Posts and Telecommunications. The incumbent Postmaster, John Stonehouse John Thomson Stonehouse (28 July 192514 April 1988) was a British Labour and Co-operative Party politician and cabinet minister under Prime Minister Harold Wilson. Stonehouse is remembered for his unsuccessful attempt at faking his own death in ..., became the first Minister of Post and Telecommunications on 1 October 1969. The act created a new public corporation, the Post Office, as the "authority for the conduct of postal and telegraphic business". The corporation was to consist of a chairman and between six and twelve full or part-time mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Girobank
National Girobank was a British public sector financial institution run by the General Post Office that opened for business in October 1968. It started life as ''National Giro'' then ''National Girobank'' and finally ''Girobank plc'' before being absorbed into Alliance & Leicester plc in 2003. The organisation chalked up notable firsts. It was the first bank designed with computerised operations in mind; the first bank in Europe to adopt OCR (optical character recognition) technology; the first bank to offer interest-bearing current accounts, and the first bank in Europe to offer telephone banking, operating several years prior to the start of Midland Bank's First Direct service. It is widely credited for shaking up the UK banking market, forcing competitors to innovate and respond to the needs of the mass market. Concept Postal giro or postgiro systems have a long history in European financial services. The basic concept is that of a banking system not based on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Channel Islands
The Channel Islands ( nrf, Îles d'la Manche; french: îles Anglo-Normandes or ''îles de la Manche'') are an archipelago in the English Channel, off the French coast of Normandy. They include two Crown Dependencies: the Bailiwick of Jersey, which is the largest of the islands; and the Bailiwick of Guernsey, consisting of Guernsey, Alderney, Sark, Herm and some smaller islands. They are considered the remnants of the Duchy of Normandy and, although they are not part of the United Kingdom, the UK is responsible for the defence and international relations of the islands. The Crown dependencies are not members of the Commonwealth of Nations, nor have they ever been in the European Union. They have a total population of about , and the bailiwicks' capitals, Saint Helier and Saint Peter Port, have populations of 33,500 and 18,207, respectively. "Channel Islands" is a geographical term, not a political unit. The two bailiwicks have been administered separately since the late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking Services
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post Office Ltd
gd, Oifis a' Phuist kw, Sodhva an Post ga, An Post Ríoga , logo = Post Office Logo.svg , type = State-owned private company limited by shares , genre = , predecessor = General Post Office , foundation = 1987 , founder = , location_city = London , location_country = England , location = , origins = , key_people = , area_served = United Kingdom , industry = Postal service , products = , services = , revenue = £957 million , revenue_year = 2021 , operating_income = , operating_income_year = , net_income = £35 million , net_income_year = 2021 , num_employees = 5,020 , divisions = , subsid = , parent = , owner = , caption = , homepage = , dissolved = , footnotes = Post Office Limited is a retail post office company in the United Kingdom that provides a wide range of products including postage stamps and banking to the public through its nationwide network of post office branches. History Post Office branches, along with the Royal Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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