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Racal Electronics
Racal Electronics plc was a British electronics company that was founded in 1950. Listed on the London Stock Exchange and once a constituent of the FTSE 100 Index, Racal was a diversified company, offering products including voice loggers and data recorders, point of sale terminals, laboratory instruments and military electronics, including radio and radar. At its height it was the third largest British electronics firm; it operated throughout 110 countries worldwide and employed over 30,000 people. It was the parent company of Vodafone, before the mobile telephony provider was sold in 1991. Racal was purchased by Thomson-CSF (now Thales Group) in 2000, thereby giving the French firm access to the UK defence and armaments market. In 2001, Racal Instruments, Inc. became an independent company after a leveraged buyout from Thales. In 2004, Racal Instruments, Inc. was acquired by EADS North America Defense and Test Services, Inc., which was then acquired by Astronics Corporati ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Trevor Wadley
Trevor Lloyd Wadley, (1920 – 21 May 1981) was a South African electrical engineer, best known for his development of the Wadley Loop circuit for greater stability in communications receivers and the Tellurometer, a land surveying device. Life and career Wadley was born in 1920 in Durban, South Africa. His father was the Mayor of Durban and Trevor was one of 12 children. He attended Durban High School where he excelled in mathematics and science but was uninterested in any sport. The exception was one year when he entered the annual cross-country athletics event and predicted that he would win in record time and his record would stand for 15 years. He went on to do exactly as he had predicted. His training method involved calculating the time he needed to run each section of the course and then training himself to run at the required pace for each section. He then went to Howard College (now the University of KwaZulu-Natal), where he studied under Hugh Clark and Eric Phillip ...
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Camelot Group
The Camelot Group is the operator of the UK National Lottery whose current franchise period started in 2009 and runs until February 2024. It has also operated the Illinois State Lottery in the state of Illinois in the United States since 2018. The Camelot Group companies, of which Camelot UK Lotteries Limited is the UK National Lottery operating subsidiary, are ultimately owned by the holding company Premier Lotteries Investments UK Limited. History UK development Camelot was formed as a consortium to bid for the National Lottery project. The major partners were International Computers Limited (ICL), supplying hardware, software, and systems integration expertise; Racal with responsibility for the communications network; and Cadbury Schweppes bringing experience in consumer marketing and knowledge of the world of corner-shop retailers. De La Rue brought knowledge of secure printing technology, and GTECH Corporation were brought in as the selected supplier of applications s ...
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National Lottery (United Kingdom)
The National Lottery is the state-franchising, franchised national lottery established in 1994 in the United Kingdom. It is regulated by the Gambling Commission, and is currently operated by Camelot Group, to which the licence was granted in 1994, 2001 and again in 2007, but will be operated by Allwyn Entertainment Ltd from 2024. Prizes are paid as a lump sum (with the exception of the Set For Life which is paid over a set period) and are tax-free. Of all money spent on National Lottery games, around 53% goes to the prize fund and 25% to "good causes" as set out by UK Parliament, Parliament (though some of this is considered by some to be a form of "stealth tax" levied to support the National Lottery Community Fund, a fund constituted to support public spending). 12% goes to the UK Government as lottery duty, 4% to retailers as commission, and a total of 5% to operator Camelot, with 4% to cover operating costs and 1% as profit. From introduction in November 1994 until April 20 ...
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