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Shriti Vadera, Baroness Vadera
Shriti Vadera, Baroness Vadera, (born 23 June 1962) is a Ugandan-born British investment banker, and has been chair of Prudential plc since January 2021, having joined the board in May 2020. Until September 2009, she was a government minister jointly for the Department for Business, Innovation and Skills and the Cabinet Office. She was chair of Santander UK from March 2015 to October 2020, the first woman to head a major British bank. Early life Vadera was born in Uganda in 1962 to Indian Gujarati parents. She is from a family who owned a small tea plantation but fled to India in 1972 following the Ugandan government's expulsion of Ugandan Asians, and then later to the UK. She was educated at Northwood College before taking a degree in philosophy, Politics, and Economics at Somerville College, Oxford. Private sector career For over 14 years Vadera was employed at investment bank UBS Warburg, where her work included advising governments of developing countries, and debt relie ...
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Parliamentary Under-Secretary Of State For Competitiveness And Small Business
The Minister of State for Competitiveness was an office held by a member of the United Kingdom government and appointed by the Prime Minister of the United Kingdom. The position was created within the Department of Trade and Industry following Tony Blair's victory in the 1997 general election and was initially held by Ian McCartney. The office was vacant between 1999 and 2001. From 2001 to 2002, it was held by Douglas Alexander and, from 2002 to 2004, by Stephen Timms; both having additional responsibility for . Following Gordon Brown's election as Labour leader and Prime Minister in July 2007, the Department for Business, Enterprise and Regulatory Reform was created and the position was re-established and held again by Timms until January 2008. He was succeeded by Baroness Vadera, who served in the more junior role of Parliamentary Under-Secretary of State with additional responsibilities for small business, deregulation, the British Business Council and the Cabinet Offic ...
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The Right Honourable
''The Right Honourable'' ( abbreviation: ''Rt Hon.'' or variations) is an honorific style traditionally applied to certain persons and collective bodies in the United Kingdom, the former British Empire and the Commonwealth of Nations. The term is predominantly used today as a style associated with the holding of certain senior public offices in the United Kingdom, Canada, New Zealand, and to a lesser extent, Australia. ''Right'' in this context is an adverb meaning 'very' or 'fully'. Grammatically, ''The Right Honourable'' is an adjectival phrase which gives information about a person. As such, it is not considered correct to apply it in direct address, nor to use it on its own as a title in place of a name; but rather it is used in the third person along with a name or noun to be modified. ''Right'' may be abbreviated to ''Rt'', and ''Honourable'' to ''Hon.'', or both. ''The'' is sometimes dropped in written abbreviated form, but is always pronounced. Countries with common or ...
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Gujarati People
The Gujarati people or Gujaratis, are an Indo-Aryan ethnolinguistic group who reside in or can trace their ancestry or heritage to the present-day western Indian state of Gujarat. They primarily speak Gujarati, an Indo-Aryan language. While Gujaratis mainly inhabit Gujarat, they have a diaspora worldwide. Gujaratis in India and the diaspora are prominent entrepreneurs and industrialists and maintain high levels of social capital. Many notable independence activists were Gujarati, including Gandhi, Patel, and Jinnah, as well as the current Prime Minister of India, Narendra Modi. Geographical locations Despite significant migration primarily for economic reasons, most Gujaratis in India live in the state of Gujarat in Western India. Gujaratis also form a significant part of the populations in the neighboring metropolis of Mumbai and union territory of Dadra and Nagar Haveli and Daman and Diu, which was a former Portuguese colony. There are very large Gujarati immigrant commun ...
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The Sunday Times
''The Sunday Times'' is a British newspaper whose circulation makes it the largest in Britain's quality press market category. It was founded in 1821 as ''The New Observer''. It is published by Times Newspapers Ltd, a subsidiary of News UK, which is owned by News Corp. Times Newspapers also publishes ''The Times''. The two papers were founded independently and have been under common ownership since 1966. They were bought by News International in 1981. ''The Sunday Times'' has a circulation of just over 650,000, which exceeds that of its main rivals, including ''The'' ''Sunday Telegraph'' and ''The'' ''Observer'', combined. While some other national newspapers moved to a tabloid format in the early 2000s, ''The Sunday Times'' has retained the larger broadsheet format and has said that it would continue to do so. As of December 2019, it sells 75% more copies than its sister paper, ''The Times'', which is published from Monday to Saturday. The paper publishes ''The Sunday Ti ...
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Royal Borough Of Kensington & Chelsea
The Royal Borough of Kensington and Chelsea is an Inner London borough with royal status. It is the smallest borough in London and the second smallest district in England; it is one of the most densely populated administrative regions in the United Kingdom. It includes affluent areas such as Notting Hill, Kensington, South Kensington, Chelsea, and Knightsbridge. The borough is immediately west of the City of Westminster and east of the London Borough of Hammersmith and Fulham. It contains major museums and universities in Albertopolis, department stores such as Harrods, Peter Jones and Harvey Nichols, and embassies in Belgravia, Knightsbridge and Kensington Gardens. The borough is home to the Notting Hill Carnival, Europe's largest, and contains many of the most expensive residential properties in the world, as well as Kensington Palace, a British royal residence. The local authority is Kensington and Chelsea London Borough Council. Its motto, adapted from the opening ...
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Holland Park
Holland Park is an area of Kensington, on the western edge of Central London, that contains a street and public park of the same name. It has no official boundaries but is roughly bounded by Kensington High Street to the south, Holland Road to the west, Holland Park Avenue to the north, and Kensington Church Street to the east. Adjacent districts are Notting Hill to the north, Earl's Court to the south, and Shepherd's Bush to the northwest. The area is principally composed of tree-lined streets with large Victorian townhouses, and contains many shops, cultural tourist attractions such as the Design Museum, luxury spas, hotels, and restaurants, as well as the embassies of several countries. The street of Holland Park is formed from three linked roads constructed between 1860 and 1880 in projects of master builders William and Francis Radford, who were contracted to build and built over 200 houses in the area. Notable nineteenth-century residential developments in the area in ...
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Life Peer
In the United Kingdom, life peers are appointed members of the peerage whose titles cannot be inherited, in contrast to hereditary peers. In modern times, life peerages, always created at the rank of baron, are created under the Life Peerages Act 1958 and entitle the holders to seats in the House of Lords, presuming they meet qualifications such as age and citizenship. The legitimate children of a life peer are entitled to style themselves with the prefix "The Honourable", although they cannot inherit the peerage itself. Before 1887 The Crown, as '' fount of honour'', creates peerages of two types, being hereditary or for life. In the early days of the peerage, the Sovereign had the right to summon individuals to one Parliament without being bound to summon them again. Over time, it was established that once summoned, a peer would have to be summoned for the remainder of their life, and later, that the peer's heirs and successors would also be summoned, thereby firmly entren ...
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Prime Minister Of The United Kingdom
The prime minister of the United Kingdom is the head of government of the United Kingdom. The prime minister advises the sovereign on the exercise of much of the royal prerogative, chairs the Cabinet and selects its ministers. As modern prime ministers hold office by virtue of their ability to command the confidence of the House of Commons, they sit as members of Parliament. The office of prime minister is not established by any statute or constitutional document, but exists only by long-established convention, whereby the reigning monarch appoints as prime minister the person most likely to command the confidence of the House of Commons; this individual is typically the leader of the political party or coalition of parties that holds the largest number of seats in that chamber. The prime minister is '' ex officio'' also First Lord of the Treasury, Minister for the Civil Service and the minister responsible for national security. Indeed, certain privileges, such as List ...
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Department For International Development
, type = Department , logo = DfID.svg , logo_width = 180px , logo_caption = , picture = File:Admiralty Screen (411824276).jpg , picture_width = 180px , picture_caption = Department for International Development (London office) (far right) , seal = , seal_width = , seal_caption = , formed = 1997 , preceding1 = Ministry of Overseas Development (ODM) , preceding2 = Overseas Development Administration (ODA) , dissolved = 2 September 2020 , superseding = Foreign, Commonwealth and Development Office , jurisdiction = United Kingdom , headquarters = 22 Whitehall, London, EnglandEast Kilbride, Scotland , employees = , budget = £13.4bn , minister1_name = , minister1_pfo = , minister2_name = , minister2_pfo = , minister3_name = , minister3_pfo = , chief1_name = , chief1_position = , chief2_name = , chief2_position = , child1_agency = , website = , footnotes = , chief3_name = , chief3_position = , chief4_name = , chief4_position = , chief ...
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Parliamentary Under-Secretary Of State
Parliamentary Under-Secretary of State (or just Parliamentary Secretary, particularly in departments not led by a Secretary of State (United Kingdom), Secretary of State) is the lowest of three tiers of Minister (government), government minister in the Government of the United Kingdom, UK government, immediately junior to a Minister of State, which is itself junior to a Secretary of State. Background The Ministerial and Other Salaries Act 1975 provides that at any one time there can be no more than 83 paid ministers (not counting the Lord Chancellor, up to 3 law officers and up to 22 whips). Of these, no more than 50 ministers can be paid the salary of a minister senior to a Parliamentary Secretary. Thus if 50 senior ministers are appointed, the maximum number of paid Parliamentary Secretaries is 33. The limit on the number of unpaid Parliamentary Secretaries is given by the House of Commons Disqualification Act 1975 ensuring that no more than 95 government ministers of any ...
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Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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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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