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Ryder Report (British Leyland)
The Ryder Report was the official report produced for the Government of the United Kingdom in 1975 by Sir Don Ryder, newly appointed head of the UK's National Enterprise Board who was given the task of reporting on the British Leyland Motor Corporation (BLMC) and listing recommendations for its future. The report, titled "British Leyland: The Next Decade", was prepared by a team that included Bob Clark (Chairman of Hill Samuel), Fred MacWhirter (a senior partner of Peats) and Sam Gillen (the ex-head of Ford UK and Ford of Europe). It was passed to Tony Benn, Secretary of State for Industry, on 26 March 1975 only 14 weeks after commission. According to AROnline, " brief, the report made the following recommendations: * Donald Stokes should resign as company Chairman. * The grotty factory machinery should be replaced and as a matter of highest urgency. * A cohesive model strategy needed to be devised, cutting out the immense overlap in the company’s range. * The company sho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Her Majesty's Government
ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd , image = HM Government logo.svg , image_size = 220px , image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg , image_size2 = 180px , caption = Royal Arms , date_established = , state = United Kingdom , address = 10 Downing Street, London , leader_title = Prime Minister (Rishi Sunak) , appointed = Monarch of the United Kingdom (Charles III) , budget = 882 billion , main_organ = Cabinet of the United Kingdom , ministries = 23 ministerial departments, 20 non-ministerial departments , responsible = Parliament of the United Kingdom , url = The Government of the United Kingdom (commonly referred to as British Government or UK Government), officially His Majesty's Government (abbreviated to HM Government), is the central executive authority of the United Kingdom of Great Britain and Northern Ireland. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Don Ryder
Sydney Thomas Franklin Ryder, Baron Ryder of Eaton Hastings (16 September 1916 – 12 May 2003), known as Don Ryder, was a businessman and Labour peer. The one-time Chair of the National Enterprise Board, he was involved in the creation of the Ryder Report, a restructuring plan for British Leyland during the 1970s. Life Born in Brentford, Middlesex, Ryder attended Ealing County Grammar School (as it was then known). He was employed between 1950 and 1960 as editor at the London Stock Exchange Gazette, subsequently serving as the publication's managing director between 1961 and 1963. This proved the launch pad for a career in publishing and related businesses. He served as chairman and chief executive of Reed International between 1968 and 1975. In that year, in a desperate bid to stem Britain's accelerating industrial decline, the recently elected Wilson government created the National Enterprise Board (NEB), as part of a more interventionist economic strategy. Do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Enterprise Board
The National Enterprise Board (NEB) was a United Kingdom government body. It was set up in 1975 by the Labour government of Harold Wilson, to support the government's interventionist approach to industry. In 1981 the Conservative government of Margaret Thatcher, combined the NEB with the National Research Development Corporation (NRDC) to form the British Technology Group. Background The NEB was the brainchild of the economist Stuart Holland and the Shadow Secretary of State for Industry Tony Benn in the early-1970s, and was modelled on the Italian Istituto per la Ricostruzione Industriale (IRI), which was seen to have successfully restructured the Italian economy after World War II. In its original conception, the NEB was intended to extend public control and ownership of the economy, by taking a stake in the UK's leading manufacturing firms, which would then be required to make planning agreements to meet economic targets. Although the leadership of the Labour Party did not f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Leyland Motor Corporation
British Leyland was an automotive engineering and manufacturing conglomerate formed in the United Kingdom in 1968 as British Leyland Motor Corporation Ltd (BLMC), following the merger of Leyland Motors and British Motor Holdings. It was partly nationalised in 1975, when the UK government created a holding company called British Leyland, later renamed BL in 1978. It incorporated much of the British-owned motor vehicle industry, which in 1968 had a 40 percent share of the UK car market, with its history going back to 1895. Despite containing profitable marques such as Jaguar, Rover and Land Rover, as well as the best-selling Mini, BLMC had a troubled history, leading to its eventual collapse in 1975 and subsequent part-nationalisation. After much restructuring and divestment of subsidiary companies, BL was renamed the Rover Group in 1986, becoming a subsidiary of British Aerospace from 1988 to 1994, then was subsequently bought by BMW. The final surviving incarnation of the co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hill Samuel
Hill Samuel is a wholly owned subsidiary of Lloyds Banking Group's Offshore Private Banking unit. It was formerly a leading British merchant bank and financial services firm before the takeover by TSB Group Plc. in 1987, which itself merged with Lloyds Bank to become Lloyds TSB in 1995. History In 1832, Marcus Samuel founded the company ''M. Samuel & Co.'' near the Tower of London to import goods from the Far East. It started with seashells, later extending its trading business to rice and general produce on a grand scale. By the middle of the 19th century the company expanded further into the re-exporting business, importing goods worldwide and re-exporting them to Europe and North America. Recognising the opportunities offered by the emerging rise of the oil industry, in the 1880s Marcus shipped case oil from Russian oil fields to Japan such that by 1888 that he was able to commission his own ships for bulk oil transportation. His first ship, the 'Murex', was the first tanker ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peat Marwick
KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a network of firms in 145 countries, with over 265,000 employees and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups. Over the past decade various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. History Early years and mergers In 1818, John Moxham opened a company in Bristol. James Grace and James Grace Jr. bought John Moxham & Co. and renamed it James Grace & Son in 1857. In 1861, Henry Grace joined James Jr. and th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ford Of Britain
Ford of Britain (officially Ford Motor Company Limited)The Ford 'companies' or corporate entities referred to in this article are: * Ford Motor Company, Dearborn, Michigan, USA, incorporated 16 June 1903 * Ford Motor Company Limited, incorporated 7 December 1928. Current (May 2010) registered office at Eagle Way, Brentwood, Essex, CM13 3BW, manufacturer and seller of motor vehicles and parts * Ford Motor Company (England) Limited, incorporated in 1909, ''purchased by Ford Motor Company Limited December 1928'' * Henry Ford and Son, Dearborn, Michigan, November 1915, incorporated 8 October 1917 * Henry Ford and Son Limited, Cork incorporated 17 April 1917, ''purchased by Ford Motor Company Limited December'' 1928 Holding company for Ford's European and Egyptian businesses and in addition Lincoln Cars Limited, London, and Henry Ford and Son, Cork: * Société d'Investissements Ford, Luxembourg, was liquidated during 1939 and its assets transferred to: * Ford Investment Company Lim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ford Of Europe
Ford of Europe GmbH is a subsidiary company of Ford Motor Company founded in 1967 in Cork (city), Cork, Republic of Ireland, Ireland, with headquarters in Cologne, Germany. History Ford of Europe was founded in 1967 by the merger of Ford of Britain, Ford Germany, and Irish Henry Ford & Son Ltd divisions of the Ford Motor Company. The front-engined Ford Transit range of panel vans launched in 1965, was the first formal co-operation between the two entities, simultaneously developed to replace the Ford Transit#1953–1965, German Ford Taunus Transit and the British Ford Thames 400E. Prior to this, the two companies avoided marketing their vehicles in one another's domestic markets, and in much of the rest of western Europe were direct competitors, with totally separate product lines, despite being owned by the same American parent, in a similar manner to General Motors’ Opel and Vauxhall Motors, Vauxhall subsidiaries at the same time - indeed GM followed Ford's precedent in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tony Benn
Anthony Neil Wedgwood Benn (3 April 1925 – 14 March 2014), known between 1960 and 1963 as Viscount Stansgate, was a British politician, writer and diarist who served as a Cabinet of the United Kingdom, Cabinet minister in the 1960s and 1970s. A member of the Labour Party (UK), Labour Party, he was Member of Parliament (United Kingdom), Member of Parliament for Bristol South East (UK Parliament constituency), Bristol South East and Chesterfield (UK Parliament constituency), Chesterfield for 47 of the 51 years between 1950 Bristol South East by-election, 1950 and 2001 United Kingdom general election, 2001. He later served as President of the Stop the War Coalition from 2001 to 2014. The son of a Liberal Party (UK), Liberal and later Labour Party politician, Benn was born in Westminster and privately educated at Westminster School. He was elected for Bristol South East at the 1950 United Kingdom general election, 1950 general election but inherited Viscount Stansgate, his father's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secretary Of State For Industry
The secretary of state for business, energy and industrial strategy, is a secretary of state in the Government of the United Kingdom, with responsibility for the Department for Business, Energy and Industrial Strategy. The incumbent is a member of the Cabinet of the United Kingdom. The incumbent Business Secretary is Grant Shapps who was appointed by Rishi Sunak on 25 October 2022. Responsibilities Corresponding to what is generally known as a commerce minister in many other countries, the business secretary's remit includes: * Oversight of science, research and innovation in Britain * Relations with domestic and international business * Policy relating to climate change * Policy relating to deregulation * Policy relating to energy security * Oversight of energy policy and industrial policy History During the government of Sir Alec Douglas-Home, the then President of the Board of Trade Edward Heath was given in addition the job of Secretary of State for Industry, Trade a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donald Stokes, Baron Stokes
Donald Gresham Stokes, Baron Stokes (22 March 1914 – 21 July 2008) was an English industrialist. He was the head of British Leyland Motor Corporation Ltd (BLMC) from 1968 to 1975. Life and career Stokes was born in Plymouth, and educated at Blundell's School in Tiverton, Devon. In 1930 he commenced an engineering apprenticeship with Leyland Motors, which included further education at the Harris Institute of Technology in Preston. During the Second World War, Stokes served with the Royal Electrical and Mechanical Engineers, reaching the rank of lieutenant-colonel. In the early summer of 1939 he married Laura Elizabeth Courteney Lamb. Excepting the break for military service between 1939 and 1945, Stokes stayed with Leyland throughout his career, although he also served in the Territorial Army. In 1968 he was appointed chairman and managing director of British Leyland, a challenging role much in the public eye at the time. In 1977 Michael Edwardes was appointed chief ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
