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Lord Freud
David Anthony Freud, Baron Freud, (born 24 June 1950) is a British politician, life peer, and former investment banker who served as Minister for Welfare Reform from 2010 to 2016. Before he joined the Conservative Party, he was vice-chairman of investment banking at UBS and a government adviser on welfare reform. Early life and career Freud is the son of Walter Freud and a great-grandson of the physician and pioneering psychoanalyst Sigmund Freud. He was educated at Whitgift School, Croydon, and Merton College, Oxford, where he took a degree in Politics, Philosophy and Economics. After starting out at the ''Western Mail'', Freud worked at the ''Financial Times'' for eight years as a journalist. In 1983, Freud was hired by the stockbroking firm then known as Rowe & Pitman. Later, he worked for S G Warburg, which was taken over by UBS. He was vice-chairman of investment banking at UBS before he retired.
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The Right Honourable
''The Right Honourable'' (abbreviation: ''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 al ...
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House Of Lords Commissioner For Standards
There are currently two House of Lords Commissioners for Standards, officers of the United Kingdom House of Lords. When the post was created in 2010 there was a single commissioner who was "responsible for the independent and impartial investigation of alleged breaches of the House of Lords Code of Conduct". Duties of the Commissioners include investigating potential misuse of expenses and parliamentary facilities. Members' opinions, or the way they express themselves, do not fall within the scope of the code. The current Commissioners are Martin Jelley QPM and Akbar Khan. Past commissioners *Paul Kernaghan CBE QPM was appointed in 2010 as the first Commissioner. Mr Kernaghan previously had a police career culminating in a nine-year period as Chief Constable of Hampshire until 2008, followed by service as Head of Mission for the European Union Police Mission for the Palestinian Territories. *Lucy Scott-Moncrieff, a former president of The Law Society, was appointed for five y ...
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Universal Credit
Universal Credit is a United Kingdom social security payment. It is means-tested and is replacing and combining six benefits for working-age households with a low income: income-related Employment and Support Allowance, income-based Jobseeker's Allowance, and Income Support; Child Tax Credit and Working Tax Credit; and Housing Benefit. An award of UC is made up of different elements, which become payable to the claimant if relevant criteria apply: a standard allowance for singles or couples, child elements and disabled child elements for children in the household, housing cost element, childcare costs element, as well as elements for being a carer or having an illness or disability and therefore having limited capability to work. The new policy was announced in 2010 at the Conservative Party annual conference by the Work and Pensions Secretary, Iain Duncan Smith, who said it would make the social security system fairer to claimants and taxpayers. At the same venue the Welfare ...
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Food Bank
A food bank is a non-profit, charitable organization that distributes food to those who have difficulty purchasing enough to avoid hunger, usually through intermediaries like food pantries and soup kitchens. Some food banks distribute food directly with their food pantries. St. Mary's Food Bank was the world's first food bank, established in the US in 1967. Since then, many thousands have been set up all over the world. In Europe, their numbers grew rapidly after the global increase in the price of food which began in late 2006, and especially after the financial crisis of 2007–2008 began to worsen economic conditions for those on low incomes. The growth of food banks has been welcomed by commentators who see them as examples of active, caring citizenship. Other academics and commentators have expressed concern that the rise of food banks may erode political support for welfare provision. Researchers have reported that in some cases food banks can be inefficient compared with ...
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Work Capability Assessment
The Work Capability Assessment (WCA) is used by the British Government's Department for Work and Pensions (DWP) to decide whether and to what extent welfare benefit claimants are capable of doing work or work-related activities. The outcome of the assessment also determines whether claimants are entitled to Employment and Support Allowance (ESA), or more recently, additional elements of Universal Credit (UC). Assessment process The process is ultimately a legal one that uses social security legislation as its main reference point (which is why appeals are made to tribunals overseen by the Ministry of Justice). The standard of proof used is 'the balance of probabilities': a claim should be accepted if it is more likely than not that the claimant has a significant disability. The main assessment process starts as soon as can be arranged after 13 weeks from the initial claim, when a healthcare professional approved by the DWP scrutinises the claim form and decides whether to seek ...
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Cameron–Clegg Coalition
The Cameron–Clegg coalition was formed by David Cameron and Nick Clegg when Cameron was invited by Queen Elizabeth II to form a new administration, following the resignation of Prime Minister Gordon Brown on 11 May 2010, after the general election on 6 May. It was the UK's first coalition government since the Churchill caretaker ministry in 1945. The coalition was led by Cameron as Prime Minister with Clegg as Deputy Prime Minister and composed of members of both Cameron's centre-right Conservative Party and Clegg's centrist Liberal Democrats. The Cabinet was made up of sixteen Conservatives and five Liberal Democrats, with eight other Conservatives and one other Liberal Democrat attending cabinet but not members. The coalition was succeeded by the single-party, second Cameron ministry after the 2015 election. History The previous Parliament had been dissolved on 12 April 2010 in advance of the general election on 6 May. The election resulted in a hung parliament ...
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Penguin Books
Penguin Books is a British publishing house. It was co-founded in 1935 by Allen Lane with his brothers Richard and John, as a line of the publishers The Bodley Head, only becoming a separate company the following year."About Penguin – company history"
, Penguin Books.
Penguin revolutionised publishing in the 1930s through its inexpensive s, sold through and other stores for sixpence, b ...
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James Purnell
James Mark Dakin Purnell (born 2 March 1970) is a British broadcasting executive and former Labour Party politician who served as Work and Pensions Secretary and Culture Secretary in the Brown Government from 2007 to 2009. In October 2016, he became BBC's Director of Radio, in addition to his other role as the BBC's Director of Strategy and Digital, a job he had held since March 2013. In 2020 he left the BBC to become vice-chancellor of University of the Arts London. Purnell was the Member of Parliament (MP) for Stalybridge and Hyde from the 2001 until the 2010 General Election. He served as Secretary of State for Culture, Media and Sport from 2007 to 2008 and Secretary of State for Work and Pensions from 2008 to 2009. He resigned from the Government on 4 June 2009, criticising the leadership of Gordon Brown. He became the director of the Open Left project for Demos in 2009. Purnell chaired the Institute for Public Policy Research until 2010, and was a senior advisor in the ...
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Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ...
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Incapacity Benefit
Incapacity Benefit was a British social security benefit that was paid to people facing extra barriers to work because of their long-term illness or their disability. It replaced Invalidity Benefit in 1995. The government began to phase out Incapacity Benefit in 2008 by making it unavailable to new claimants, and later moved almost all the remaining long-term recipients onto Employment and Support Allowance. History 1995 In 1995, the Conservative Secretary of State for Social Security, Peter Lilley, abolished Invalidity Benefit for fresh claims and replaced it with Incapacity Benefit after the Prime Minister of the day, John Major, had complained about the burgeoning caseload, saying: "Frankly, it beggars belief that so many more people have suddenly become invalids, especially at a time when the health of the population has improved". A new feature of Incapacity Benefit was that officials could ask for claimants' disabilities to be confirmed using a bespoke testing procedur ...
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Gordon Brown
James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010. He previously served as Chancellor of the Exchequer in Tony Blair's government from 1997 to 2007, and was a Member of Parliament (MP) from 1983 to 2015, first for Dunfermline East and later for Kirkcaldy and Cowdenbeath. He is the most recent Labour politician as well as the most recent Scottish politician to hold the office of prime minister. A doctoral graduate, Brown studied history at the University of Edinburgh, where he was elected Rector in 1972. He spent his early career working as both a lecturer at a further education college and a television journalist. Brown was elected to the House of Commons in 1983 as the MP for Dunfermline East, later becoming the MP for Kirkcaldy and Cowdenbeath in 2005. He joined the Shadow Cabinet in 1989 as Shadow Secretary of State for Trade, and was later ...
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