Simon Jack
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Simon Jack
Simon Jack (born 10 May 1971) is an English business journalist and news correspondent. He is currently the Business Editor for BBC News, known for appearing on '' BBC Breakfast'' until September 2011 and on BBC Radio 4's ''Today''. He has also presented business and financial podcasts for ''The Daily Telegraph''. Education Simon Jack was born on 10 May 1971 in London. He attended Merchant Taylors' Boys' School, Crosby, Merseyside, and graduated from St John's College, Oxford with a BA in Philosophy, Politics and Economics. Of his time at Oxford, Jack said: “I did the same degree as David Cameron. I was a contemporary of George Osborne. I knew him a little bit. He was well-known at university and his notoriety of his membership of certain clubs is well known – like the Bullingdon. I wasn't a member of any of those." Career Before entering journalism, Jack worked for a decade as a corporate and investment banker in London, New York City and Bermuda. He has said that he ne ...
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Merchant Taylors' Boys' School, Crosby
("Small things grow in harmony" - Sallust) , established = , closed = , type = Public SchoolIndependent school; Day school , religion = , president = , head_label = Head Master , head = Mr Deiniol Williams , founder = Merchant Taylors' Company , specialist = , address = 186 Liverpool Road , city = Great Crosby , county = Merseyside , country = England , postcode = L23 0QP , local_authority = Sefton , urn = 104973 , ofsted = , staff = ~80 (full-time) , enrolment = 737 , gender = Boys , lower_age = 7 , upper_age = 18 , houses = Armours, Harrisons, Stevens, Warings , colours = Black and Gold , publication = , free_label_1 = Former pupils , free_1 = Old Crosbeians , free_label_2 = School Song , free_2 = ''Crescat Crosbeia'' , website = http://www.merchanttaylors.com/ Merchant Taylors' Boys' School, Cros ...
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Podcast
A podcast is a program made available in digital format for download over the Internet. For example, an episodic series of digital audio or video files that a user can download to a personal device to listen to at a time of their choosing. Streaming applications and podcasting services provide a convenient and integrated way to manage a personal consumption queue across many podcast sources and playback devices. There also exist podcast search engines, which help users find and share podcast episodes. A podcast series usually features one or more recurring hosts engaged in a discussion about a particular topic or current event. Discussion and content within a podcast can range from carefully scripted to completely improvised. Podcasts combine elaborate and artistic sound production with thematic concerns ranging from scientific research to slice-of-life journalism. Many podcast series provide an associated website with links and show notes, guest biographies, transcripts ...
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2010 United Kingdom General Election
The 2010 United Kingdom general election was held on Thursday 6 May 2010, with 45,597,461 registered voters entitled to vote to elect members to the House of Commons. The election took place in 650 constituencies across the United Kingdom under the first-past-the-post system. The election resulted in a large swing to the Conservative Party similar to that seen in 1979, the last time a Conservative opposition had ousted a Labour government. The Labour Party lost the 66-seat majority it had previously enjoyed, but no party achieved the 326 seats needed for a majority. The Conservatives, led by David Cameron, won the most votes and seats, but still fell 20 seats short. This resulted in a hung parliament where no party was able to command a majority in the House of Commons. This was only the second general election since the Second World War to return a hung parliament, the first being the February 1974 election. For the leaders of all three major political parties, this was t ...
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Bill Turnbull
William Robert Jolyon Turnbull (25 January 1956 – 31 August 2022) was an English television and radio presenter and journalist, whose broadcasting career spanned over four decades. He began his career working for radio stations including Radio Clyde and BBC Radio 4's ''Today''. He presented BBC News 24 and BBC Radio 5 Live before taking on his most notable role as one of the main presenters of ''BBC Breakfast'', a position he held for fifteen years between 2001 and 2016. Later in his career, he presented the religious series ''Songs of Praise'' and game show ''Think Tank'', as well as being a presenter on the radio station Classic FM. Early life Turnbull was born in Guildford, Surrey, on 25 January 1956, to an English father of Scottish ancestry and an English mother. He was educated at Eton College and the University of Edinburgh, where he edited the student newspaper. He graduated from Cardiff University in 1978. Career Turnbull's career began at Scottish local station ...
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Sian Williams
Sian Mary Williams (; born 28 November 1964) is a Welsh journalist, current affairs presenter best known for her work with the BBC, and psychologist. From 2001 until 2012, Williams regularly presented weekday editions of ''BBC Breakfast'' as well as all main news bulletins on BBC One. She presented two series of BBC One's discussion programme '' Sunday Morning Live'' from 2014 until 2015. Since January 2016, she has been the main presenter of '' 5 News at 5''. In March 2022 ITN announced Williams was to leave her daily presenting role. Williams said in the announcement she planned to continue with some broadcasting projects, but also devote more time to "delivering psychological support". Williams is a registered counselling psychologist with the Health and Care Professionals Council. Early life Williams was born in Paddington, London, to Welsh parents and was brought up in Eastbourne, East Sussex. Her mother, Katherine Rees, was from Llanelli and had moved to London to bec ...
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Declan Curry
Declan Gerald Curry (born 5 September 1971) is a Northern Irish freelance journalist, news presenter and businessman, best known as the former business correspondent for '' BBC Breakfast''. Early life Curry was born and raised in Strabane, County Tyrone, Northern Ireland. Career Early career Curry studied chemistry at Imperial College, London. There he reported for IC Radio and ICNN (Imperial College News Network), as well as the weekly paper ''Felix''. Curry has worked for and broadcast on ABC News and LBC, but has spent most of his career with the BBC. BBC Curry started working for the BBC in 1994. He worked on the BBC News Channel from the channel's inception in 1997. He has also worked for BBC World News, Radio 5 Live, and Radio 4. Curry is best known for his reporting of the happenings in the London Stock Exchange and other British economic news, particularly during the '' Breakfast'' programme on BBC One and BBC News Channel. On 23 May 2005, Curry did not participate ...
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Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill (company), Merrill Lynch), with about 25,000 employees worldwide. It was doing business in investment banking, Stock, equity, Bond (finance), fixed-income and Derivative (finance), derivatives sales and stock trading, trading (especially U.S. Treasury securities), research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008. On September 15, 2008, Lehman Brothers filed for Chapter 11, Title 11, United States Code, Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic declines in its stock price, and the devaluation of assets by credit rating agencies. The collapse was largely due to Lehm ...
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Canary Wharf
Canary Wharf is an area of London, England, located near the Isle of Dogs in the London Borough of Tower Hamlets. Canary Wharf is defined by the Greater London Authority as being part of London's central business district, alongside Central London. With the City of London, it constitutes one of the main financial centres in the United Kingdom and the world, containing many high-rise buildings including the third-tallest in the UK, One Canada Square, which opened on 26 August 1991. Developed on the site of the former West India Docks, Canary Wharf contains around of office and retail space. It has many open areas, including Canada Square, Cabot Square and Westferry Circus. Together with Heron Quays and Wood Wharf, it forms the Canary Wharf Estate, around in area. History Canary Wharf is located on the West India Docks on the Isle of Dogs. West India Dock Company From 1802 to the late 1980s, what would become the Canary Wharf Estate was a part of the Isle of Dogs (Millw ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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HBOS
HBOS plc was a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc, which operated the Bank of Scotland and Halifax brands in the UK, as well as HBOS Australia and HBOS Insurance & Investment Group Limited, the group's insurance division. HBOS was formed by the 2001 merger of Halifax plc and the Bank of Scotland. The formation of HBOS was heralded as creating a fifth force in British banking as it created a company of comparable size and stature to the established '' Big Four'' UK retail banks. It was also the UK's largest mortgage lender. The HBOS Group Reorganisation Act 2006 saw the transfer of Halifax plc to the Bank of Scotland, which had by then become a registered public limited company, Bank of Scotland plc. Although officially HBOS was not an acronym of any specific words, it is widely presumed to stand for Halifax B ...
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Lloyds TSB
Lloyds Bank plc is a British retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the " Big Four" clearing banks. Lloyds Bank is the largest retail bank in Britain, and has an extensive network of branches and ATMs in England and Wales (as well as an arrangement for its customers to be serviced by Bank of Scotland branches in Scotland, Halifax branches in Northern Ireland and vice versa) and offers 24-hour telephone and online banking services. it had 16 million personal customers and small business accounts. Founded in Birmingham in 1765, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1995 it merged with the Trustee Savings Bank and traded as Lloyds TSB Bank plc between 1999 and 2013. In January 2009, it became the principal subsidiary of Lloyds Banking Group, which was formed by the acquisition of HBOS by the then-Lloyds TSB Group. It has its ...
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Bankruptcy Of Lehman Brothers
The bankruptcy of Lehman Brothers on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned several banks to negotiate financing for its reorganization. These discussions failed, and Lehman filed a Chapter 11 petition that remains the largest bankruptcy filing in U.S. history, involving more than in assets. The bankruptcy triggered a 4.5% one-day drop in the Dow Jones Industrial Average, then the largest decline since the September 11, 2001, attacks. It signaled a limit to the government's ability to manage the crisis and prompted a general financial panic. Money market mutual funds, a key source of credit, saw mass withdrawal demands to avoid losses, and the interbank lending market tightened, threatening banks with imminent failure. The government and the Federal Reserve system responded with several emergency ...
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