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British Gas PLC
British Gas plc was an energy and home services provider in the United Kingdom. It was formed when the British Gas Corporation was privatised as a result of the Gas Act 1986, instigated by the government of Margaret Thatcher and superseding the Gas Act 1972. History The company was formed when the Conservative Government privatised the British Gas Corporation in December 1986, with its shares floated on the London stock market. To encourage individuals to become shareholders, the offer was intensely advertised with the "If you see Sid...Tell him!" campaign. The privatisation was criticised by Baron Gray of Contin who said it broke a key part of the Conservative's 1983 manifesto that the party would not simply replace one monopoly with another; at the time, British Gas was the only organisation that could supply gas to anyone in the country. In June 1991, chairman Robert Evans Robert Evans (born Robert J. Shapera; June 29, 1930October 26, 2019) was an American film produc ...
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Centrica
Centrica plc is a British multinational energy and services company with its headquarters in Windsor, Berkshire. Its principal activity is the supply of electricity and gas to consumers in the United Kingdom and Ireland. It is the largest supplier of gas to domestic customers in the United Kingdom, and one of the largest suppliers of electricity, operating under the trading names Scottish Gas in Scotland and British Gas in England, Wales and Northern Ireland. It owns Bord Gáis Energy in Ireland. The company also provides household services including plumbing. Centrica is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. History Predecessors The company has its historical origin in the Gas Light and Coke Company which incorporated in 1812. Over the next 137 years, it grew by acquisition of other gas companies to become the primary supplier of gas to Greater London. In 1949, under the Gas Act 1948 the ownership of the company transferred ...
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Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013) was Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving British prime minister of the 20th century. As prime minister, she implemented economic policies that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style. Thatcher studied chemistry at Somerville College, Oxford, and worked briefly as a research chemist, before becoming a barrister. She was elected Member of Parliament for Finchley in 1959. Edward Heath appointed her Secretary of State for Education and Science in his 1970–1974 government. In 1975, she defeated Heath in the Conservative Party leadership election to become Leader of the Opposition, the first woman to lead a major poli ...
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Natural Gas Infrastructure In The United Kingdom
Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are part of nature, human activity is often understood as a separate category from other natural phenomena. The word ''nature'' is borrowed from the Old French ''nature'' and is derived from the Latin word ''natura'', or "essential qualities, innate disposition", and in ancient times, literally meant "birth". In ancient philosophy, ''natura'' is mostly used as the Latin translation of the Greek word ''physis'' (φύσις), which originally related to the intrinsic characteristics of plants, animals, and other features of the world to develop of their own accord. The concept of nature as a whole, the physical universe, is one of several expansions of the original notion; it began with certain core applications of the word φύσις by pre-Soc ...
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Labour Party (UK)
The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all general elections since 1922, Labour has been either the governing party or the Official Opposition. There have been six Labour prime ministers and thirteen Labour ministries. The party holds the annual Labour Party Conference, at which party policy is formulated. The party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century. It overtook the Liberal Party to become the main opposition to the Conservative Party in the early 1920s, forming two minority governments under Ramsay MacDonald in the 1920s and early 1930s. Labour served in the wartime coalition of 1940–1945, after which Clement Attlee's Labour government established the National Health Service and expanded the we ...
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Robert Evans (businessman)
Sir Robert Evans (28 May 1927 - 24 July 2020) was a British businessman, and the chairman of British Gas plc from 1989 to 1993. Robert Evans was born in Liverpool on 28 May 1927, the son of Florence and Gwilym Evans. At Knotty Ash Primary School, he became friends with Ken Dodd Sir Kenneth Arthur Dodd (8 November 1927 – 11 March 2018) was an English comedian, singer and occasional actor. He was described as "the last great music hall entertainer", and was primarily known for his live stand-up performances. A lifel .... Evans worked for British Gas for almost his entire career, rising to chief executive, and chairman from 1989 to 1993. References {{DEFAULTSORT:Evans, Robert 1927 births 2020 deaths British chief executives in the energy industry Businesspeople from Liverpool People from Knotty Ash ...
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1983 United Kingdom General Election
The 1983 United Kingdom general election was held on Thursday 9 June 1983. It gave the Conservative Party under the leadership of Margaret Thatcher the most decisive election victory since that of the Labour Party in 1945, with a majority of 144 seats. Thatcher's first term as Prime Minister had not been an easy time. Unemployment increased during the first three years of her premiership and the economy went through a recession. However, the British victory in the Falklands War led to a recovery of her personal popularity, and economic growth had begun to resume. By the time Thatcher called the election in May 1983, opinion polls pointed to a Conservative victory, with most national newspapers backing the re-election of the Conservative government. The resulting win earned the Conservatives their biggest parliamentary majority of the post-war era, and their second-biggest majority as a single-party government, behind only the 1924 election (they earned even more seats in ...
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Hamish Gray, Baron Gray Of Contin
James Hector Northey "Hamish" Gray, Baron Gray of Contin, (28 June 1927 – 14 March 2006) was a Scottish Conservative politician and life peer. Gray was born in Inverness and educated at the Inverness Royal Academy. His father owned an Inverness roofing firm. He was commissioned into the Queen's Own Cameron Highlanders in 1945 and served in India, during partition. He married Judith Waite Brydon in 1953 and they had two sons and a daughter. He was elected as an Independent member of Inverness Council in 1965 and at the 1970 general election he was elected to Parliament as the Conservative and Unionist Party Member of Parliament (MP) for Ross and Cromarty. He was appointed to the Whips' Office in 1971, and he served as a front bench Energy spokesman (1975–1979). Upon the Conservatives' return to government in 1979, he was appointed as the Minister of State for Energy under David Howell, where he remained until the 1983 general election, when he was defeated in the ne ...
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Gas Act 1972
The Gas Act 1972 (1972 c. 60) was an Act of the Parliament of the United Kingdom which restructured the British gas industry. It established the British Gas Corporation to exercise full responsibility for the oversight, control and operation of the gas industry. The twelve autonomous Area Gas Boards which had managed the industry in their areas now became regions of the British Gas Corporation. The Gas Council, also established under the Gas Act 1948, was abolished and the Gas Act 1948 was repealed. The provisions of the Act came into force on 1 January 1973. Background The principal role of the twelve Area Gas Boards, established under the Gas Act 1948, was to maintain a supply of gas to match the demand. This was through the operation of local gas works manufacturing gas by coal carbonisation or catalytic reforming of refinery light-end products such as methane, naphtha or light oils. The advent of natural gas from the North Sea, first landed onshore in 1967, shifted the con ...
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Gas Act 1986
The Gas Act 1986 (Chapter 44) created the framework for privatisation of the gas supply industry in Great Britain. This legislation would be replacing the British Gas Corporation (government or state ownership) with British Gas plc (private ownership). The Act also established a licensing regime, a Gas Consumers’ Council, and a regulator for the industry called the Office of Gas Supply (OFGAS). Background The liberalisation and privatisation of the energy markets in the United Kingdom began under the tenure of Margaret Thatcher’s Conservative 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 ministry. There was a perceived need to reduce the inefficient state control of the energy sector and to introduce a market-oriented system through privatisation. Access to the energy market would be given to more organisations, improving competition and reducing p ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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Electricity
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a un ...
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