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Sovereign Grant Act 2011
The Sovereign Grant Act 2011 (c. 15) is the Act of the Parliament of the United Kingdom which introduced the Sovereign Grant, the payment which is paid annually to the monarch by the government in order to fund the monarch's official duties. It was the biggest reform to the finances of the British royal family since the inception of the Civil List in 1760. Background In 1760, King George III agreed with Parliament that he was no longer to govern in person, and therefore was no longer entitled to income from the Crown Estate, which for 700 years had always been used for the administration of the state. Parliament passed the Civil List Act 1760 which granted a fixed annual income from the Civil List. The resulting system required the annual state expenditure on the monarchy to be decided by the Treasury and presented to House of Commons. Prior to abolition, the Civil List was fixed at £7.9 million annually for the decade 2001–2010, the same amount as in 1991, with the reser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Justine Greening
Justine Greening (born 30 April 1969) is a British politician who served as Secretary of State for Education from 2016 to 2018. Prior to that, she served as Economic Secretary to the Treasury from 2010 to 2011, Secretary of State for Transport from 2011 to 2012 and Secretary of State for International Development from 2012 to 2016. A member of the Conservative Party, she was Member of Parliament (MP) for Putney from 2005 to 2019. Greening resigned as Education Secretary and Minister for Women and Equalities in the January 2018 Cabinet reshuffle. On 3 September 2019, she announced she would not be standing as an MP at the next general election. Later the same day, she was one of 21 Conservative MPs who had the whip withdrawn after voting against the government. She sat as an independent MP until Parliament was dissolved for the December 2019 general election. Early life Greening was born in Rotherham, where she attended Oakwood Comprehensive School. She studied Business Econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department For Transport
The Department for Transport (DfT) is a department of His Majesty's Government responsible for the English transport network and a limited number of transport matters in Scotland, Wales and Northern Ireland that have not been devolved. The department is run by the Secretary of State for Transport, currently (since 25 October 2022) Mark Harper. The expenditure, administration and policy of the Department for Transport are scrutinised by the Transport Committee. History The Ministry of Transport was established by the Ministry of Transport Act 1919 which provided for the transfer to the new ministry of powers and duties of any government department in respect of railways, light railways, tramways, canals and inland waterways, roads, bridges and ferries, and vehicles and traffic thereon, harbours, docks and piers. In September 1919, all the powers of the Road Board, the Ministry of Health, and the Board of Trade in respect of transport, were transferred to the new ministry. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duchy Of Lancaster
The Duchy of Lancaster is the private estate of the Monarchy of the United Kingdom, British sovereign as Duke of Lancaster. The principal purpose of the estate is to provide a source of independent income to the sovereign. The estate consists of a portfolio of lands, properties and assets held in trust for the sovereign and is administered separately from the Crown Estate. The duchy consists of of land holdings (including rural estates and farmland), urban developments, historic buildings and some commercial properties across England and Wales, particularly in Cheshire, Staffordshire, Derbyshire, Lincolnshire, Yorkshire, Lancashire and the Liberty of the Savoy, Savoy Estate in London. The Duchy of Lancaster is one of two duchies in England, royal duchies: the other is the Duchy of Cornwall, which provides income to the Duke of Cornwall, a title which is traditionally held by the Prince of Wales. As of the financial year ending 31 March 2022, the estate was valued at £652.8 mill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HMSO
The Office of Public Sector Information (OPSI) is the body responsible for the operation of His Majesty's Stationery Office (HMSO) and of other public information services of the United Kingdom. The OPSI is part of the National Archives of the United Kingdom and is responsible for Crown copyright. The OPSI announced on 21 June 2006 that it was merging with the National Archives. The merger took place in October 2006. The OPSI continues to discharge its roles and responsibilities from within the structure of the National Archives. Controller of HMSO and Director of OPSI The Controller of HMSO is also the Director of OPSI. HMSO continues to operate from within the expanded remit of OPSI. The Controller of HMSO also holds the offices of Kings's Printer of Acts of Parliament, King's Printer for Scotland and Government Printer for Northern Ireland. By virtue of holding these offices OPSI publishes, through HMSO, the '' London Gazette'', ''Edinburgh Gazette'', ''Belfast Gazette'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buckingham Palace
Buckingham Palace () is a London royal residence and the administrative headquarters of the monarch of the United Kingdom. Located in the City of Westminster, the palace is often at the centre of state occasions and royal hospitality. It has been a focal point for the British people at times of national rejoicing and mourning. Originally known as ''Buckingham House'', the building at the core of today's palace was a large townhouse built for the Duke of Buckingham in 1703 on a site that had been in private ownership for at least 150 years. It was acquired by King George III in 1761 as a private residence for Queen Charlotte and became known as The Queen's House. During the 19th century it was enlarged by architects John Nash and Edward Blore, who constructed three wings around a central courtyard. Buckingham Palace became the London residence of the British monarch on the accession of Queen Victoria in 1837. The last major structural additions were made in the late 19th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of British Royal Residences
British royal residences are palaces, castles and houses occupied by members of the British royal family in the United Kingdom. Some, like Buckingham Palace and Windsor Castle, are owned by the Crown (ownership by the British monarch is by virtue of his or her position as king or queen), while others like Balmoral Castle and Sandringham House are personally owned and have been passed down for generations. Some royal palaces, such as the Palace of Westminster (now used as the House of Parliament), are no longer residences. Some remain in irregular use for royal occasions, such as Hillsborough Castle in Northern Ireland. The royal palaces enjoy certain legal privileges known as royal prerogatives: for example, there is an exemption from levying duty on alcoholic beverages sold in the bars at the Palace of Westminster and there are exemptions from health and safety legislation. According to '' Halsbury's Laws of England'', it is not possible to arrest a person within ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Households Of The United Kingdom
The Royal Households of the United Kingdom are the collective departments that support members of the British royal family. Many members of the royal family who undertake public duties have separate households. They vary considerably in size, from the large Royal Household that supports the sovereign to the household of the Prince and Princess of Wales, with fewer members. In addition to the royal officials and support staff, the sovereign's own household incorporates representatives of other estates of the realm, including the government, the military, and the church. Government whips, defence chiefs, several clerics, scientists, musicians, poets, and artists hold honorary positions within the Royal Household. In this way, the Royal Household may be seen as having a symbolic, as well as a practical, function: exemplifying the monarchy's close relationship with other parts of the constitution and of national life. History The royal household grew out of the earlier " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Audit Office (United Kingdom)
The National Audit Office (NAO) is an independent Parliamentary body in the United Kingdom which is responsible for auditing central government departments, government agencies and non-departmental public bodies. The NAO also carries out value for money (VFM) audits into the administration of public policy. Function The NAO is the auditor of bodies funded directly by the Parliament of the United Kingdom. The NAO reports to the Comptroller and Auditor General who is an officer of the House of Commons of the Parliament of the United Kingdom and in turn reports to the Public Accounts Commission, a statutory body established under section 2 of the National Audit Act 1983. The reports produced by the NAO are reviewed by the Public Accounts Committee, a select committee of the House of Commons, and in some cases investigated further. The NAO has two main streams of work: Financial Audits and Value For Money (VFM) audits. The NAO's financial audits give assurance over three aspe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keeper Of The Privy Purse
The Keeper of the Privy Purse and Treasurer to the King/Queen (or Financial Secretary to the King/Queen) is responsible for the financial management of the Royal Households of the United Kingdom, Royal Household of the Monarchy of the United Kingdom, Sovereign of the United Kingdom. The officeholder is assisted by the Deputy Treasurer to the King/Queen for the management of the Sovereign Grant, currently Sally O'Neill (formerly Chief Operating Officer of the Royal Opera House). The officeholder is also assisted by the Deputy Keeper of the Privy Purse for semi-private concerns, such as racing stables, the Royal Philatelic Collection, Royal Ascot, the Chapel Royal, the Page of Honour, Military Knights of Windsor, Royal Maundy, the Royal Victorian Order, grace and favour apartments, and the Duchy of Lancaster. These are funded from the Privy Purse, which is drawn largely from the Duchy of Lancaster and the Duchy of Cornwall. The Keeper of the Privy Purse meets the Sovereign at leas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chancellor Of The Exchequer
The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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