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Trading Fund
A trading fund is an executive agency, government department or often simply a part of a department, that enables the department to handle its own revenues and expenses separately from overall government finances and more like a business, as opposed to having to obtain funding from the government's legislature and feeding income back into its treasury. A Hong Kong governmental study of trading funds in the UK and Hong Kong describes their nature and purpose as follows: Each country has its own specific laws and regulations controlling the establishment and use of trading funds. Trading funds in the UK were initially established through the Government Trading Funds Act 1973, and modified by the Government Trading Act 1990, along with other modifications through finance legislation. In 1993, Hong Kong followed suit with its Trading Funds Ordinance of that year. Establishment and operation of a Hong Kong trading fund is subject to decisions made by the Legislative Council on the re ...
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Executive Agency
An executive agency is a part of a government department that is treated as managerially and budgetarily separate, to carry out some part of the executive functions of the United Kingdom government, Scottish Government, Welsh Government or Northern Ireland Executive. Executive agencies are "machinery of government" devices distinct both from non-ministerial government departments and non-departmental public bodies (or " quangos"), each of which enjoy legal and constitutional separation from ministerial control. The model has been applied in several other countries. Size and scope Agencies include well-known organisations such as His Majesty's Prison Service and the Driver and Vehicle Licensing Agency. The annual budget for each agency, allocated by HM Treasury, ranges from a few million pounds for the smallest agencies to £700m for the Court Service. Virtually all government departments have at least one agency. Issues and reports The initial success or otherwise of ...
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Ordnance Survey
Ordnance Survey (OS) is the national mapping agency for Great Britain. The agency's name indicates its original military purpose (see ordnance and surveying), which was to map Scotland in the wake of the Jacobite rising of 1745. There was also a more general and nationwide need in light of the potential threat of invasion during the Napoleonic Wars. Since 1 April 2015 Ordnance Survey has operated as Ordnance Survey Ltd, a government-owned company, 100% in public ownership. The Ordnance Survey Board remains accountable to the Secretary of State for Business, Energy and Industrial Strategy. It was also a member of the Public Data Group. Paper maps for walkers represent only 5% of the company's annual revenue. It produces digital map data, online route planning and sharing services and mobile apps, plus many other location-based products for business, government and consumers. Ordnance Survey mapping is usually classified as either " large-scale" (in other words, more detaile ...
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Crown Suppliers
A crown is a traditional form of head adornment, or hat, worn by monarchs as a symbol of their power and dignity. A crown is often, by extension, a symbol of the monarch's government or items endorsed by it. The word itself is used, particularly in Commonwealth countries, as an abstract name for the monarchy itself, as distinct from the individual who inhabits it (that is, ''The Crown''). A specific type of crown (or coronet for lower ranks of peerage) is employed in heraldry under strict rules. Indeed, some monarchies never had a physical crown, just a heraldic representation, as in the constitutional kingdom of Belgium, where no coronation ever took place; the royal installation is done by a solemn oath in parliament, wearing a military uniform: the King is not acknowledged as by divine right, but assumes the only hereditary public office in the service of the law; so he in turn will swear in all members of "his" federal government''. Variations * Costume headgear imitat ...
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Chessington Computer Centre
Chessington Computer Centre was an organisation based in Chessington that provided administration services to the UK Government. Originally part of central government, it became an executive agency and trading fund of the Cabinet Office on 1 April 1993. In July 1996 it was sold to a management and employee buy-out team for £12.5 million. It was acquired by Automatic Data Processing ADP, Inc. (originally an acronym for Automatic Data Processing) is an American provider of human resources management software and services. History In 1949, Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business wit ... in September 1998, but was later closed in June 2005. References {{UK-gov-stub Privatised executive agencies of the United Kingdom government ADP (company) ...
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Central Office Of Information
The Central Office of Information (COI) was the UK government's marketing and communications agency. Its Chief Executive reported to the Minister for the Cabinet Office. It was a non-ministerial department, and became an executive agency and a trading fund, recovering its costs from the other departments, executive agencies and publicly funded bodies which used its services. It was established in 1946 as the successor to the wartime Ministry of Information, when individual government departments resumed responsibility for information policy. It worked with Whitehall departments and public bodies to produce information campaigns on issues that affected the lives of British citizens, from health and education to benefits, rights and welfare. COI celebrated its 60th anniversary in 2006 with several events including a film season at the National Film Theatre and a poll to find Britain's favourite public information film on the BBC website. From 2010, governmental spending on m ...
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Army Base Repair Organisation
The Army Base Repair Organisation (ABRO) was an executive agency which reported to the United Kingdom's Ministry of Defence. It provided engineering, repair and re-manufacturing services to the British Armed Forces and also to the police and some local councils. ABRO traced its history back to the foundation of the Corps of Armourers in 1858. History On 1 April 1993, the Army's static workshops in Great Britain, previously under the control of the Equipment Support Organisation, were reorganised as the Army Base Repair Organisation. It comprised the headquarters at Andover, a contract repair branch and a network of base and district workshops. It employed 3,581 civilian workers and 219 military staff. Apart from the HQ at Andover, there were other major units at Bovington, Old Dalby, Leics, Catterick, Colchester, Donnington, Stirling and Warminster. Smaller sites were located at Bicester, Edinburgh, Sennybridge and York. On 1 April 2002, the Army Base Repair Organisatio ...
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Driver And Vehicle Standards Agency
The Driver and Vehicle Standards Agency (DVSA) is an executive agency of the UK Department for Transport (DfT). It carries out driving tests, approves people to be driving instructors and MOT testers, carries out tests to make sure lorries and buses are safe to drive, carries out roadside checks on drivers and vehicles, and monitors vehicle recalls. It is a separate organisation from the similarly named Driver and Vehicle Licensing Agency (DVLA). The responsibilities of DVSA only cover Great Britain. In Northern Ireland, the same role is carried out by the Driver and Vehicle Agency (DVA). History It was announced on 20 June 2013 that the Driving Standards Agency (DSA) and Vehicle and Operator Services Agency (VOSA) would merge into a single agency in 2014. The name of the new agency was confirmed as the Driver and Vehicle Standards Agency (DVSA) on 28 November 2013. DSA and VOSA closed on 31 March 2014, and DVSA took over their responsibilities on 1 April 2014. DVSA was ...
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Driver And Vehicle Licensing Agency
The Driver and Vehicle Licensing Agency (DVLA; cy, Asiantaeth Trwyddedu Gyrwyr a Cherbydau) is the organisation of the UK government responsible for maintaining a database of drivers in Great Britain and a database of vehicles for the entire United Kingdom. Its counterpart for drivers in Northern Ireland is the Driver and Vehicle Agency (DVA). The agency issues driving licences, organises collection of vehicle excise duty (also known as ''road tax'' and ''road fund licence'') and sells personalised registrations. The DVLA is an executive agency of the Department for Transport (DfT). The current Chief Executive of the agency is Julie Lennard. The DVLA is based in Swansea, Wales, with a prominent 16-storey building in Clase and offices in Swansea Vale. It was previously known as the Driver and Vehicle Licensing Centre (DVLC). The agency previously had a network of 39 offices around Great Britain, known as the Local Office Network, where users could attend to apply for licen ...
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Executive Agency
An executive agency is a part of a government department that is treated as managerially and budgetarily separate, to carry out some part of the executive functions of the United Kingdom government, Scottish Government, Welsh Government or Northern Ireland Executive. Executive agencies are "machinery of government" devices distinct both from non-ministerial government departments and non-departmental public bodies (or " quangos"), each of which enjoy legal and constitutional separation from ministerial control. The model has been applied in several other countries. Size and scope Agencies include well-known organisations such as His Majesty's Prison Service and the Driver and Vehicle Licensing Agency. The annual budget for each agency, allocated by HM Treasury, ranges from a few million pounds for the smallest agencies to £700m for the Court Service. Virtually all government departments have at least one agency. Issues and reports The initial success or otherwise of ...
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Defence Science And Technology Laboratory
The Defence Science and Technology Laboratory (Dstl) is an executive agency of the Ministry of Defence of the United Kingdom. Its stated purpose is "to maximise the impact of science and technology for the defence and security of the UK". The agency is headed by Paul Hollinshead as its Chief Executive, with the board being chaired by Adrian Belton. Ministerial responsibility lies with the Minister for Defence Procurement. History Dstl was formed from the July 2001 split of the Defence Evaluation and Research Agency (DERA). Dstl was established to carry out and retain the science and technology work that is best done within government, while work that could be done by industry (forming the majority of DERA's activities) was transferred to Qinetiq, a government-owned company that was later floated on the stock exchange. Dstl absorbed the Home Office's Centre for Applied Science and Technology (CAST) in April 2018, taking on CAST's role to apply science and technology to support ...
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United Kingdom Hydrographic Office
The United Kingdom Hydrographic Office (UKHO) is the UK's agency for providing hydrographic and marine geospatial data to mariners and maritime organisations across the world. The UKHO is a trading fund of the Ministry of Defence (MoD) and is located in Taunton, Somerset, with a workforce of approximately 900 staff. The UKHO is responsible for operational support to the Royal Navy and other defence customers. Supplying defence and the commercial shipping industry, they help ensure Safety of Life at Sea (SOLAS), protect the marine environment and support the efficiency of global trade. Together with other national hydrographic offices and the International Hydrographic Organization (IHO), the UKHO works to set and raise global standards of hydrography, cartography and navigation. The UKHO also produces a commercial portfolio of ADMIRALTY Maritime Data Solutions, providing SOLAS-compliant charts, publications and digital services for ships trading internationally. History E ...
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Royal Mint
The Royal Mint is the United Kingdom's oldest company and the official maker of British coins. Operating under the legal name The Royal Mint Limited, it is a limited company that is wholly owned by HM Treasury, His Majesty's Treasury and is under an exclusive contract to supply the nation's coinage. As well as minting circulating coins for the UK and international markets, The Royal Mint is a leading provider of precious metal products. The Royal Mint was historically part of a series of mints that became centralised to produce coins for the Kingdom of England, all of Great Britain, the United Kingdom, and nations across the Commonwealth. The Royal Mint operated within the Tower of London for several hundred years before moving to what is now called Royal Mint Court, where it remained until the 1960s. As Britain followed the rest of the world in Decimalisation, decimalising its currency, the Mint moved from London to a new 38-acre (15 ha) plant in Llantrisant, Glamorgan, Wales ...
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