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UK Enterprise Law
United Kingdom enterprise law concerns the ownership and regulation of organisations producing goods and services in the UK, European and international economy. Private enterprises are usually incorporated under the Companies Act 2006, regulated by company law, competition law, and insolvency law, while almost one third of the workforce and half of the UK economy is in enterprises subject to special regulation. Enterprise law mediates the rights and duties of investors, workers, consumers and the public to ensure efficient production, and deliver services that UK and international law sees as universal human rights. Labour, company, competition and insolvency law create general rights for stakeholders, and set a basic framework for enterprise governance, but rules of governance, competition and insolvency are altered in specific enterprises to uphold the public interest, as well as civil and social rights. Universities and schools have traditionally been publicly established, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenwich And Canary Wharf, Cropped
Greenwich ( , ,) is a town in south-east London, England, within the ceremonial county of Greater London. It is situated east-southeast of Charing Cross. Greenwich is notable for its maritime history and for giving its name to the Greenwich Meridian (0° longitude) and Greenwich Mean Time. The town became the site of a royal palace, the Palace of Placentia from the 15th century, and was the birthplace of many Tudors, including Henry VIII and Elizabeth I. The palace fell into disrepair during the English Civil War and was demolished to be replaced by the Royal Naval Hospital for Sailors, designed by Sir Christopher Wren and his assistant Nicholas Hawksmoor. These buildings became the Royal Naval College in 1873, and they remained a military education establishment until 1998 when they passed into the hands of the Greenwich Foundation. The historic rooms within these buildings remain open to the public; other buildings are used by University of Greenwich and Trinity Laban Con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UK Tax Law
Taxation in the United Kingdom may involve payments to at least three different levels of government: central government (HM Revenue & Customs), devolved governments and local government. Central government revenues come primarily from income tax, National Insurance contributions, value added tax, corporation tax and fuel duty. Local government revenues come primarily from grants from central government funds, business rates in England, Council Tax and increasingly from fees and charges such as those for on-street parking. In the fiscal year 2014–15, total government revenue was forecast to be £648 billion, or 37.7 per cent of GDP, with net taxes and National Insurance contributions standing at £606 billion. History A uniform Land tax, originally was introduced in England during the late 17th century, formed the main source of government revenue throughout the 18th century and the early 19th century.Stephen Dowell, ''History of Taxation and Taxes in England'' (Routledge, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Of Rail And Road
The Office of Rail and Road (ORR) is a non-ministerial government department responsible for the economic and safety regulation of Britain's railways, and the economic monitoring of National Highways. ORR regulates Network Rail by setting its activities and funding requirements for each Control Period, ensuring train operators have fair access to the railway network, and enforcing compliance with its network licence. ORR also regulates High Speed 1, the Channel Tunnel, and also acts as the appeal body, controls the network statement and monitors the competitive situation of rail services in Northern Ireland. It is the competition authority for the railways and enforces consumer protection law in relation to the railways. From April 2015, ORR assumed responsibility for monitoring National Highways' management of the strategic road network – the motorways and main 'A' roads in England – and advising the Secretary of State for Transport on the levels of funding and performa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Road Traffic Act 1988
The Road Traffic Act 1988 (c. 52) is an Act of the Parliament of the United Kingdom, concerning licensing of vehicles, insurance and road regulation. Contents Part I contains a number of traffic offences including causing death by dangerous driving, driving under the influence of alcohol or drugs (including police powers to arrest, administer tests, etc.), as well as requirements to wear seat belts and motorcycle helmets. Part II is concerned with regulating the construction and use of motor vehicles, and includes powers to test, inspect and prohibit vehicles that do not meet standards. Part III sets out the law on driving tests, the requirements for issuing driving licences, and the process for disqualifying drivers. Part IV deals with the licences required for driving large goods vehicles and passenger-carrying vehicles (buses and coaches). Part V concerns the registration, licensing and examination of driving instructors. Part VI contains provisions concerning compulso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transport Act 1985
The Transport Act 1985 was an Act of Parliament in the United Kingdom. It introduced privatised and deregulated bus services throughout Great Britain and came into effect in October of 1986. The Act was created as a response to growing concern about the environmental effect the private transportation was having and the public's objection to an increase in road construction. The Act was introduced by Nicholas Ridley and it committed to reduce the amount the public paid for commercial objects. This was achieved by reducing the control governments had of bus systems and reducing the subsidies to bus companies. The Conservative government also believed the removal of subsidies and local government control would lead to an increase in competition between companies. The deregulation of Buses applied throughout Great Britain, excluding bus services in Greater London, and was led by the Conservative government. Public transport remains under direct public control in Northern Ireland ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Railways Act 1993
The Railways Act 1993c 43 was introduced by John Major's Conservative government and passed on 5 November 1993. It provided for the restructuring of the British Railways Board (BRB), the public corporation that owned and operated the national railway system. A few residual responsibilities of the BRB remained with BRB (Residuary) Ltd. Background While the administration of Margaret Thatcher had not done so, the Major government were determined to privatise British Rail. Railways in the 18th and 19th Centuries had originally been built and run with private capital, but subsidised heavily by Parliament and communities who gave land for building through compulsory purchase. Rail was increasingly regulated, for instance under the Railways Act 1921, but was finally nationalised by the Transport Act 1947. Calls for reform of the nationalised system combined with people who believed only the private sector could run rail to ensure better service for passengers at cheaper cost. This l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ofwat
The Water Services Regulation Authority, or Ofwat, is the body responsible for economic regulation of the privatised water and sewerage industry in England and Wales. Ofwat's main statutory duties include protecting the interests of consumers, securing the long-term resilience of water supply and wastewater systems, and ensuring that companies carry out their functions and are able to finance them. Ofwat primarily sets limits on the prices charged for water and sewerage services, taking into account proposed capital investment schemes (such as building new wastewater treatment works) and expected operational efficiency gains. The most recent review was carried out in 2014; reviews are carried out every five years, with the next due to take place in December 2019. The Water Act 2014 extended retail competition to all non-household customers of English water companies from April 2017 and provided for possible future competition in wholesale markets. Ofwat's role includes regulating ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Water Industry Act 1991
The Water Industry Act 1991 (c. 56) is an Act of the United Kingdom Parliament consolidating previous enactments relating to the water supply and the provision of wastewater services in England and Wales. It further implemented recommendations of the Law Commission. Arrangement The Act is divided into eight parts and a further 15 Schedules are attached Sections *Part 1 deals with the appointment and duties of the ''Director General of Water Services''. *Part 2 deals with appointment and regulation of ''Undertakers'', the private sector water companies responsible for maintaining the water supply system in the United Kingdom. *Part 3 deals with the duties of the water companies with respect to water supply in England and Wales, *Part 4 deals with the duties of the water companies with respect to sewerage. *Part 5 deals with the financial provisions for operating the system *Part 6 gives the water companies certain powers in order to discharge their duties. *Part 7 deals with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ofgem
, type = Non-ministerial government department , nativename = , nativename_a = , nativename_r = , logo = Ofgem logo.svg , logo_width = 124px , logo_caption = , seal = , seal_width = , seal_caption = , picture = , picture_width = , picture_caption = , formed = , preceding1 = Office of Electricity Regulation , preceding2 = Office of Gas Supply , dissolved = , superseding = , jurisdiction = Great Britain , headquarters = 10 South Colonnade, Canary Wharf, London, , region_code = GB , coordinates = , employees = 1,187 , budget = For 2015–2016 Parliament approved through the Main Estimate a gross resource budget of £89.5 million , minister1_name = Grant Shapps , minister1_pfo = Secretary of State for Business, Energy and Industrial Strategy , chief1_name = Jonathan Brearley , chief1_position = Chief Executive , chief2_name = , chief2_position = , chief3_name = , chief3_position = , chief4_name = , chief4_position = , chief5_nam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Authority
The North Sea Transition Authority (NSTA), known as the Oil and Gas Authority (OGA) until March 2022, is a private company limited by shares wholly owned by the Secretary of State for Business, Energy and Industrial Strategy. It is responsible for maximising the economic recovery of oil from the North Sea. It is empowered to license and regulate activity in relation to oil and gas in the United Kingdom, including oil and gas exploration, carbon capture and storage, and offshore gas storage. The NSTA’s role is to take the steps necessary to: Established in April 2015 as an executive agency of the Department for Business, Energy and Industrial Strategy, on 1 October 2016 the Oil and Gas Authority was incorporated as a Government Company, with the Secretary of State for Business, Energy and Industrial Strategy the sole shareholder and headquartered in Aberdeen with another office in London, which is also its registered company address. As of the 6 March 2019, Tim Eggar is t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zero-carbon Economy
A low-carbon economy (LCE) or decarbonised economy is an economy based on energy sources that produce low levels of greenhouse gas (GHG) emissions. GHG emissions due to human activity are the dominant cause of observed climate change since the mid-20th century. Continued emission of greenhouse gases will cause long-lasting changes around the world, increasing the likelihood of severe, pervasive, and irreversible effects for people and ecosystems. Shifting to a low-carbon economy on a global scale could bring substantial benefits both for developed and developing countries. Many countries around the world are designing and implementing low-emission development strategies (LEDS). These strategies seek to achieve social, economic, and environmental development goals while reducing long-term greenhouse gas emissions and increasing resilience to the effects of climate change. Globally implemented low-carbon economies are therefore proposed as a precursor to the more advanced, zero-ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Act 1989
The Electricity Act 1989 (c. 29) provided for the privatisation of the electricity supply industry in Great Britain, by replacing the Central Electricity Generating Board in England and Wales and by restructuring the South of Scotland Electricity Board and the North of Scotland Hydro-Electric Board. The Act also established a licensing regime and a regulator for the industry called the Office of Electricity Regulation (OFFER), which has since become the Office of Gas and Electricity Markets (OFGEM). Background The liberalisation and privatisation of the energy markets in the United Kingdom began with the Margaret Thatcher government in the 1980s. This has been called the Thatcher-Lawson agenda, due to the key role of Nigel Lawson the Chancellor of the Exchequer (1983–89) in the Thatcher cabinet. The Government recognised that the electricity industries in Europe and the United States operated successfully under private ownership. In contrast the Central Electricity Generatin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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