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Rothschild Investment Trust
RIT Capital Partners plc, formerly Rothschild Investment Trust, is a large British investment trust dedicated to investments in quoted securities and quoted special situations. Established in 1961, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Lord Rothschild has been president and Sir James Leigh-Pemberton chairman since September 2019. History In 1961, the company was founded, on the initiative of Jacob Rothschild, to serve the English branch of the family Rothschild for investments outside their bank N M Rothschild & Sons: it was named "Rothschild Investment Trust". In 1980, there was a conflict between Jacob Rothschild and Evelyn de Rothschild, then the head of N M Rothschild & Sons. Evelyn de Rothschild withdrew the money invested in the banking house of Rothschild Investment Trust and forbade the company to continue using the name Rothschild. Jacob Rothschild left the Board of N M Rothschild & Sons and took sole control of t ...
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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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Spencer House, London
Spencer House is a historic mansion located at 27 St James's Place in the St James's area of London, England. The house is Grade I listed on the National Heritage List for England. Early history The house was commissioned in 1756 by John Spencer (who later became the first Earl Spencer), as he required a large townhouse in London to augment his position and status. The architect he chose was John Vardy, who had studied under William Kent. Vardy is responsible for the facades of the mansion that we see today. In 1758, James "Athenian" Stuart, who had studied the arcadian values of Ancient Greek architecture, replaced Vardy as the architect of the project. As a direct result of this, Spencer House was to have authentic Greek details in the internal decoration, and thus it became one of the first examples in London of the neoclassical style, which was to sweep the country. As the home of successive Earls and Countesses Spencer, the staterooms of the house became a theatre ...
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Investment Trusts Of The United Kingdom
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ...
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House Of Lords
The House of Lords, also known as the House of Peers, is the Bicameralism, upper house of the Parliament of the United Kingdom. Membership is by Life peer, appointment, Hereditary peer, heredity or Lords Spiritual, official function. Like the House of Commons of the United Kingdom, House of Commons, it meets in the Palace of Westminster in London, England. The House of Lords scrutinises Bill (law), bills that have been approved by the House of Commons. It regularly reviews and amends bills from the Commons. While it is unable to prevent bills passing into law, except in certain limited circumstances, it can delay bills and force the Commons to reconsider their decisions. In this capacity, the House of Lords acts as a check on the more powerful House of Commons that is independent of the electoral process. While members of the Lords may also take on roles as government ministers, high-ranking officials such as cabinet ministers are usually drawn from the Commons. The House of Lo ...
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Labour Party (UK)
The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all general elections since 1922, Labour has been either the governing party or the Official Opposition. There have been six Labour prime ministers and thirteen Labour ministries. The party holds the annual Labour Party Conference, at which party policy is formulated. The party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century. It overtook the Liberal Party to become the main opposition to the Conservative Party in the early 1920s, forming two minority governments under Ramsay MacDonald in the 1920s and early 1930s. Labour served in the wartime coalition of 1940–1945, after which Clement Attlee's Labour government established the National Health Service and expanded the welfa ...
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Jonathan Kestenbaum, Baron Kestenbaum
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Bridgewater House, Westminster
Bridgewater House is a townhouse located at 14 Cleveland Row in the St James's area of London, England. It is a Grade I listed building. History The earliest known house on the site was Berkshire House, built in about 1626–27 for Thomas Howard, second son of the Earl of Suffolk and Master of the Horse to Charles I of England when he was Prince of Wales. Howard was later created Earl of Berkshire. After being occupied by Parliamentarian troops in the English Civil War, used for the Portuguese Embassy, and lived in by Edward Hyde, 1st Earl of Clarendon, the house was lived in by Charles II's mistress Barbara Villiers, who was made Duchess of Cleveland in 1670, following which the house was known as Cleveland House. She refaced the old house and added new wings. After being owned for some years by a speculator, the house was sold in 1700 to John Egerton, 3rd Earl of Bridgewater, after which it passed by inheritance until 1948. Cleveland House was re-designed in the Palazzo st ...
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Charlie Rose
Charles Peete Rose Jr. (born January 5, 1942) is an American former television journalist and talk show host. From 1991 to 2017, he was the host and executive producer of the talk show '' Charlie Rose'' on PBS and Bloomberg LP. Rose also co-anchored ''CBS This Morning'' from 2012 to 2017 alongside Gayle King and Norah O'Donnell. Rose formerly substituted for the anchor of the ''CBS Evening News''. Rose, along with Lara Logan, hosted the revived CBS classic ''Person to Person'', a news program during which celebrities are interviewed in their homes, originally hosted from 1953 to 1961 by Edward R. Murrow. In November 2017, Rose was fired from CBS and PBS after ''The Washington Post'' published multiple in-house allegations of sexual harassment from the late 1990s to 2011. His employment at CBS was also terminated, and his eponymous show, ''Charlie Rose'', which used to air on PBS and Bloomberg, was cancelled. Childhood Rose was born in Henderson, North Carolina, the only child ...
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David Rockefeller
David Rockefeller (June 12, 1915 – March 20, 2017) was an American investment banker who served as chairman and chief executive of Chase Manhattan Corporation. He was the oldest living member of the third generation of the Rockefeller family, and family patriarch from July 2004 until his death in March 2017. Rockefeller was the fifth son and youngest child of John D. Rockefeller Jr. and Abby Aldrich Rockefeller, and a grandson of John D. Rockefeller and Laura Spelman Rockefeller. He was noted for his wide-ranging political connections and foreign travel, in which he met with many foreign leaders. His fortune was estimated at $3.3 billion at the time of his death in March 2017. Early life Rockefeller was born in New York City. He grew up in an eight-story house at 10 West 54th Street, the tallest private residence ever built in the city. Rockefeller was the youngest of six children born to financier John Davison Rockefeller Jr. and socialite Abigail Greene "Abby" Aldrich. ...
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Jacob Rothschild
Nathaniel Charles Jacob Rothschild, 4th Baron Rothschild, (born 29 April 1936) is a British peer, investment banker and a member of the Rothschild banking family. Now mostly retired, he has held many important roles in business, finance and British public life, and has been active in several charitable and philanthropic areas. Early life Born in Berkshire, England,} he is the eldest son of Victor Rothschild, 3rd Baron Rothschild, by his first wife Barbara Judith Rothschild (née Hutchinson). His father was born into a Jewish family, while his mother converted to Orthodox Judaism when they married. Rothschild was educated at Eton College and then at Christ Church, Oxford, where he gained a First in history, tutored by Hugh Trevor-Roper. Emma Georgina Rothschild and Amschel Rothschild are his half-siblings. Business career From 1963 Rothschild worked at the family bank N M Rothschild & Sons in London, before resigning in 1980 due to a family dispute. The chairmanshi ...
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World Gold Council
The World Gold Council is the market development organisation for the gold industry. It works across all parts of the industry, from gold mining to investment, with the aim of stimulating and sustaining demand for gold. They frequently publish research that demonstrates gold’s strength as a preserver of wealth – both for investors and countries. They also provide analysis of the industry, offering insights into the drivers of gold demand. They have also launched various products such as SPDR Gold Shares and gold accumulation plans in India and China. The World Gold Council is an association whose members comprise the world’s leading gold mining companies. It helps to support its members to mine in a responsible way and developed the Conflict Free Gold Standard. Headquartered in London, United Kingdom, they have offices in India, China, Singapore and the United States. David Harquail became new president. WGC appoints David Tait as the CEO. References External links * ...
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Royal Bank Of Scotland
The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are branches in many larger towns and cities throughout England and Wales. The bank is completely separate from the fellow Edinburgh-based bank, the Bank of Scotland, which pre-dates the Royal Bank by 32 years. The Royal Bank of Scotland was established in 1724 to provide a bank with strong Hanoverian and Whig ties. Following ring-fencing of the Group's core domestic business, the bank became a direct subsidiary of NatWest Holdings in 2019. NatWest Markets comprises the Group's investment banking arm. To give it legal form, the former RBS entity was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separate PRA banking ...
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