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Green Pound
In the United Kingdom, the ''green pound'' was the common name for an exchange rate that was used to calculate the value of financial support within the European Union's Common Agricultural Policy until 1999. Background Prior to the institution of a common currency, the then European Economic Community decided in 1962 to denominate its transactions in its own internal unit of account – initially the gold parity unit of account, fixed to the value of gold, and equivalent to the US dollar.B. Steiner (1993"Of Snakes in the Tunnell, Green ECU's and the EMU" University of Reading. Accessed 9 January 2012. Following the devaluation of the French franc and the revaluation of the Deutsche Mark in 1969, the governments involved considered that agricultural support should not be subject to the fluctuations of floating exchange rates, arguing that lower prices would be unacceptable for farmers, while higher prices would be inflationary.Brian E. Hill. ''The common agricultural policy: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Callaghan
Leonard James Callaghan, Baron Callaghan of Cardiff, ( ; 27 March 191226 March 2005), commonly known as Jim Callaghan, was Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party from 1976 to 1980. Callaghan is the only person to have held all four Great Offices of State, having served as Chancellor of the Exchequer from 1964 to 1967, Home Secretary from 1967 to 1970 and Foreign Secretary from 1974 to 1976. He was a Member of Parliament (MP) from 1945 to 1987. Born into a working-class family in Portsmouth, Callaghan left school early and began his career as a tax inspector, before becoming a trade union official in the 1930s; he served as a lieutenant in the Royal Navy during the Second World War. He was elected to Parliament at the 1945 election, and was regarded as being on the left wing of the Labour Party. He was appointed to the Attlee government as a parliamentary secretary in 1947, and began to move increasingly towards the right wing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Prices
Food prices refer to the average price level for food across countries, regions and on a global scale. Food prices have an impact on producers and consumers of food. Price levels depend on the food production process, including food marketing and food distribution. Fluctuation in food prices is determined by a number of compounding factors. Geopolitical events, global demand, exchange rates, government policy, diseases and crop yield, energy costs, availability of natural resources for agriculture, food speculation, changes in the use of soil and weather events have a direct impact on the increase or decrease of food prices. The consequences of food price fluctuation are multiple. Increases in food prices, or agflation, endangers food security, particularly for developing countries, and can cause social unrest. Increases in food prices is related to disparities in diet quality and health, particularly among vulnerable populations, such as women and children. Food prices will o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Government Defeats In The House Of Commons (1945–present)
The following article is a list of government defeats in the House of Commons of the United Kingdom since 1945; that is, where the government whips have instructed their MPs to vote (or, in rare circumstances, abstain from voting) a certain way on a division of the House and have subsequently been defeated. Whilst most defeats have been on motions or bills scheduled in "government time", on occasion motions proposed by opposition parties or backbench MPs that are critical of government policy or practice, such as opposition day motions, are passed despite the government's efforts. Most government defeats since World War II have occurred in periods of minority government or where the government has a small majority. Government defeats have been caused by backbench rebellions and by opposition parties voting against a government when they had more MPs present in the House of Commons. Earlier (1918–1945) large (of a margin of more than 100) defeats of governments were for the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bretton Woods System
The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan after the 1944 Bretton Woods Agreement. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states. The Bretton Woods system required countries to guarantee convertibility of their currencies into U.S. dollars to within 1% of fixed parity rates, with the dollar convertible to gold bullion for foreign governments and central banks at US$35 per troy ounce of fine gold (or 0.88867 gram fine gold per dollar). It also envisioned greater cooperation among countries in order to prevent future competitive devaluations, and thus established the International Monetary Fund (IMF) to monitor exchange rates and lend reserve currencies to nations with balance of payments deficits. Preparing to rebuild the interna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture In The United Kingdom
Agriculture in the United Kingdom uses 71% of the country's land area, employs 1% of its workforce (467,000 people) and contributes 0.5% of its gross value added ( £11.2 billion). The UK currently produces about 60% of its domestic food consumption. Agricultural activity occurs in most rural locations. It is concentrated in the drier east (for crops) and the wetter west (for livestock). There are 216,000 farm holdings, which vary widely in size. Despite skilled farmers, advanced technology, fertile soil and subsidies, farm earnings are relatively low, mainly due to low prices at the farm gate. Low earnings, high land prices and a shortage of let farmland discourage young people from joining the industry. The average (median) age of the British farm holder is about 60 (as of 2016). Recently there have been moves towards organic farming in an attempt to sustain profits, and many farmers supplement their income by diversifying activities away from pure agriculture. Biofuels pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Third Thatcher Ministry
Margaret Thatcher was Prime Minister of the United Kingdom from 4 May 1979 to 28 November 1990, during which time she led a Conservative majority government. She was the first woman to hold that office. During her premiership, Thatcher moved to liberalise the British economy through deregulation, privatisation, and the promotion of entrepreneurialism. This article details the third Thatcher ministry she led at the invitation of Queen Elizabeth II from 1987 to 1990. Election The Conservatives were elected for a third successive term in June 1987, with a majority of 102 seats. It enabled Margaret Thatcher to become the longest-serving Prime Minister of the 20th century, as Britain's economic recovery continued. Fate Then, on 1 November 1990, came the first of a series of events which would spell the end of Margaret Thatcher's years in power. Sir Geoffrey Howe, the Deputy Prime Minister, long resentful of being ousted as Foreign Secretary, resigned from the cabinet over its E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simon Gourlay
Simon may refer to: People * Simon (given name), including a list of people and fictional characters with the given name Simon * Simon (surname), including a list of people with the surname Simon * Eugène Simon, French naturalist and the genus authority ''Simon'' * Tribe of Simeon, one of the twelve tribes of Israel Places * Şimon ( hu, links=no, Simon), a village in Bran Commune, Braşov County, Romania * Șimon, a right tributary of the river Turcu in Romania Arts, entertainment, and media Films * ''Simon'' (1980 film), starring Alan Arkin * ''Simon'' (2004 film), Dutch drama directed by Eddy Terstall Games * ''Simon'' (game), a popular computer game * Simon Says, children's game Literature * ''Simon'' (Sutcliff novel), a children's historical novel written by Rosemary Sutcliff * Simon (Sand novel), an 1835 novel by George Sand * ''Simon Necronomicon'' (1977), a purported grimoire written by an unknown author, with an introduction by a man identified only as "Si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manifesto
A manifesto is a published declaration of the intentions, motives, or views of the issuer, be it an individual, group, political party or government. A manifesto usually accepts a previously published opinion or public consensus or promotes a new idea with prescriptive notions for carrying out changes the author believes should be made. It often is political, social or artistic in nature, sometimes revolutionary, but may present an individual's life stance. Manifestos relating to religious belief are generally referred to as creeds or, a confession of faith. Etymology It is derived from the Italian word ''manifesto'', itself derived from the Latin ''manifestum'', meaning clear or conspicuous. Its first recorded use in English is from 1620, in Nathaniel Brent's translation of Paolo Sarpi's ''History of the Council of Trent'': "To this citation he made answer by a Manifesto" (p. 102). Similarly, "They were so farre surprised with his Manifesto, that they would never s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1979 United Kingdom General Election
The 1979 United Kingdom general election was held on Thursday 3 May 1979 to elect 635 members to the British House of Commons. The Conservative Party, led by Margaret Thatcher, ousted the incumbent Labour government of James Callaghan with a parliamentary majority of 44 seats. The election was the first of four consecutive election victories for the Conservative Party, and Thatcher became the United Kingdom's and Europe's first elected female head of government, marking the beginning of 18 years in government for the Conservatives and 18 years in opposition for Labour. Unusually, the date chosen coincided with the 1979 local elections. The local government results provided some source of comfort to the Labour Party, who recovered some lost ground from local election reversals in previous years, despite losing the general election. The parish council elections were pushed back a few weeks. The previous parliamentary term had begun in October 1974, when Harold Wilson led La ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Backbencher
In Westminster and other parliamentary systems, a backbencher is a member of parliament (MP) or a legislator who occupies no governmental office and is not a frontbench spokesperson in the Opposition, being instead simply a member of the "rank and file". The term dates from 1855. The term derives from the fact that they sit physically behind the frontbench in the House of Commons. A backbencher may be a new parliamentary member yet to receive high office, a senior figure dropped from government, someone who for whatever reason is not chosen to sit in the government or an opposition spokesperson (such as a shadow cabinet if one exists), or someone who prefers to be a background influence, not in the spotlight. By extension, those who are not reliable supporters of all of their party's goals and policies and have resigned or been forced to resign may be relegated to the back benches. For example, in British political events, Clive Lewis became a backbencher after resigning ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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