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John Baring, 7th Baron Ashburton
John Francis Harcourt Baring, 7th Baron Ashburton (2 November 1928 – 6 October 2020), was a British merchant banker who served as chairman of British Petroleum from 1992 to 1995. Lord Ashburton also sat on the boards of Jaguar Cars, Dunlop Rubber, and Royal Insurance. Family He was the oldest son of Alexander Baring, 6th Baron Ashburton, and Doris Harcourt. His maternal grandparents were Lewis Harcourt, 1st Viscount Harcourt, and Mary Ethel Burns, daughter of Walter Hayes Burns of New York City, granddaughter of Junius Spencer Morgan and niece of American banking magnate J. P. Morgan. Marriages and children First marriage On 25 November 1955, Baring married Susan Mary Renwick (born 1930). She was a daughter of Robert Renwick, 1st Baron Renwick, and his first wife Dorothy Mary Parkes. They had four children: * Lucinda Mary Louise "Lucy" Baring (born 20 October 1956). Married Michael John Wilmot Malet Vaughan, second son of John David Malet Vaughan, 8th Earl of Li ...
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The Right Honourable
''The Right Honourable'' (abbreviation: The Rt Hon. or variations) is an honorific Style (form of address), style traditionally applied to certain persons and collective bodies in the United Kingdom, the former British Empire, and the Commonwealth of Nations. The term is predominantly used today as a style associated with the holding of certain senior public offices in the United Kingdom, Canada, New Zealand, and, to a lesser extent, Australia. ''Right'' in this context is an adverb meaning 'very' or 'fully'. Grammatically, ''The Right Honourable'' is an adjectival phrase which gives information about a person. As such, it is not considered correct to apply it in direct address, nor to use it on its own as a title in place of a name; but rather it is used in the Grammatical person, third person along with a name or noun to be modified. ''Right'' may be abbreviated to ''Rt'', and ''Honourable'' to ''Hon.'', or both. ''The'' is sometimes dropped in written abbreviated form, but is ...
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David Fraser (British Army Officer)
General Sir David William Fraser, (30 December 1920 – 15 July 2012) was a senior British Army officer who served as Commandant of the Royal College of Defence Studies from 1978 until his retirement from military service in 1980. He was also a prolific author, publishing over 20 books mostly focused on the history of the Second World War. Early life Fraser was born on 30 December 1920. He was the son of Brigadier William Fraser, the younger son of the 19th Lord Saltoun, and Pamela Maude, widow of Billy Congreve a Victoria Cross recipient and daughter of actors Cyril Maude and Winifred Emery. He was educated at Eton College.Debrett's People of Today 1994 He left school to join the British Army but was refused. Instead, in January 1940, he matriculated at Christ Church, Oxford. Military career While studying at the University of Oxford, Fraser joined the Home Defence Force. In October 1940, he was training at the Guards' Depot in Caterham, Surrey. He was streamlined dur ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ...
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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 Kingdom of England, English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank. The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, 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. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory Financial regulation, regulator. The bank's headquarters have been in London's main financial di ...
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Dunlop Holdings
Dunlop Ltd. (formerly Dunlop Rubber) was a British multinational company involved in the manufacture of various natural rubber goods. Its business was founded in 1889 by Harvey du Cros and he involved John Boyd Dunlop who had re-invented and developed the first pneumatic tyre: he invented the first practical pneumatic tyres for his child's tricycle. It was one of the first multinationals, and under du Cros and, after him, under Eric Geddes, grew to be one of the largest British industrial companies. J. B. Dunlop had dropped any ties to it well before his name was used for any part of the business. The business and manufactory was founded in Upper Stephen Street, Dublin. A plaque marks the site, which is now part of the head office of the Irish multinational departments store brand, Dunnes Stores. Dunlop Rubber failed to adapt to evolving market conditions in the 1970s, despite having recognised by the mid-1960s the potential drop in demand as the more durable radial tyres swep ...
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Bilderberg Group
The Bilderberg Meeting (also known as the "Bilderberg Group", "Bilderberg Conference" or "Bilderberg Club") is an annual off-the-record forum established in 1954 to foster dialogue between Europe and North America. The group's agenda, originally to prevent another world war, is now defined as bolstering a consensus around free market Western capitalism and its interests around the globe. Participants include political leaders, experts, captains of industry, finance, academia, numbering between 120 and 150. Attendees are entitled to use information gained at meetings, but not attribute it to a named speaker (known as the Chatham House Rule). The group states that the purpose of this is to encourage candid debate while at the same time maintaining privacy, but critics from a wide range of viewpoints have called it into question, and it has provoked conspiracy theories from both the left and right. Meetings were chaired by Prince Bernhard of the Netherlands until 1975. The cur ...
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Sir Francis Baring, 1st Baronet
Sir Francis Baring, 1st Baronet (18 April 1740 – 11 September 1810) was an English merchant banker, a member of the Baring family, later becoming the first of the Baring baronets. Early life He was born at Larkbeare House near Exeter, son of Johann Baring (1697–1748), a German cloth merchant who had settled in England, by his English wife Elizabeth Vowler (1702–1766), daughter of a prosperous Exeter dry goods wholesaler (at that time called a grocer). Baring's father emigrated from Bremen, Germany, in 1717 and settled at Exeter, where he became a leading wool manufacturer and textile merchant. His premature death in 1748 resulted in Francis, aged eight, being brought up and strongly influenced by his mother, Elizabeth. Her sound business head nearly doubled the family's worth by the time of her death in 1766. In the early 1750s, Francis was sent to London for education at Mr Fargue's French school at Hoxton and then at Mr Fuller's academy in Lothbury. Samuel Touchet ...
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Barings Bank
Barings Bank was a British merchant bank based in London. It was one of England's oldest merchant banks after Berenberg Bank, Barings' close collaborator and German representative. It was founded in 1762 by Francis Baring, a British-born member of the German–British Baring family of merchants and bankers. The bank collapsed in 1995 after suffering losses of £827 million (£ billion in ) resulting from fraudulent investments, primarily in futures contracts, conducted by its employee Nick Leeson working at its office in Singapore. History 1762–1889 Barings Bank was founded in 1762 as the John and Francis Baring Company by Sir Francis Baring, 1st Baronet, with his older brother John Baring as a mostly silent partner. They were sons of John (né Johann) Baring, wool trader of Exeter, born in Bremen, Germany. The company started business in offices off Cheapside in London, and within a few years moved to larger quarters in Mincing Lane.D. Kinaston. The City of London, ...
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Trafford Park
Trafford Park is an area of the metropolitan borough of Trafford, Greater Manchester, England, opposite Salford Quays on the southern side of the Manchester Ship Canal, southwest of Manchester city centre and north of Stretford. Until the late 19th century it was the ancestral home of the De Trafford baronets, Trafford family, who sold it to the financier Ernest Terah Hooley in 1896. Occupying an area of , it was the first planned industrial park, industrial estate in the world, and remained the largest in Europe over a century later. Trafford Park is almost entirely surrounded by water; the Bridgewater Canal forms its southeastern and southwestern boundaries, and the Manchester Ship Canal, which opened in 1894, its northeastern and northwestern boundaries. Hooley's plan was to develop the Ship Canal frontage, but the canal was slow to generate the predicted volume of traffic, so in the early days the park was largely used for leisure activities such as golf, polo and boating ...
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Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ...
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Winston Churchill
Sir Winston Leonard Spencer Churchill (30 November 1874 – 24 January 1965) was a British statesman, military officer, and writer who was Prime Minister of the United Kingdom from 1940 to 1945 (Winston Churchill in the Second World War, during the Second World War) and again from 1951 to 1955. For some 62 of the years between 1900 and 1964, he was a Member of Parliament (United Kingdom), member of parliament (MP) and represented a total of five Constituencies of the Parliament of the United Kingdom, constituencies over that time. Ideologically an adherent to economic liberalism and imperialism, he was for most of his career a member of the Conservative Party (UK), Conservative Party, which he led from 1940 to 1955. He was a member of the Liberal Party (UK), Liberal Party from 1904 to 1924. Of mixed English and American parentage, Churchill was born in Oxfordshire into the wealthy, aristocratic Spencer family. He joined the British Army in 1895 and saw action in British R ...
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Jennie Jerome
Jennie Jerome Churchill (born Jeanette Jerome; later Mrs. Cornwallis-West; 9 January 1854 – 29 June 1921), known as Lady Randolph Spencer-Churchill, was an American-born British socialite, the wife of Lord Randolph Churchill, and the mother of British prime minister Winston Churchill. Early life Jeanette Jerome was born in the Cobble Hill section of Brooklyn in 1854, the second of four daughters (one died in childhood) of financier, sportsman, and speculator Leonard Jerome and his wife Clarissa "Clara", daughter of Ambrose Hall, a landowner. Jerome's father was of Huguenot extraction, his forebears having emigrated to America from the Isle of Wight in 1710. Hall family lore insists that Jennie had Iroquois ancestry through her maternal grandmother; however, there is no research or evidence to corroborate this. She was raised in Brooklyn, Paris, and New York City. She had two surviving sisters, Clarita (1851–1935) and Leonie (1859–1943). Another sister, Camille (1855–1 ...
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