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Safeguarding Of Industries (Customs Duties) Act 1925
The Safeguarding of Industries (Customs Duties) Act 1925 ( 15 & 16 Geo. 5. c. 79) imposed duties on cutlery, gloves, and incandescent mantles imported into Britain. Collectively, these industries amounted to approximately 3% of Britain's manufacturing output. The duties were temporary, remaining in effect for five years, from December 1925 to December 1930. For cutlery and gloves, the duties were 331/3% ad valorem, while for incandescent mantles the duty was 6 shillings per gross. These import duties were applied upon the recommendation of committees convened by the Board of Trade, in accordance with the 'safeguarding of industries' procedure, set out in a government white paper in 1925. Unlike the Safeguarding of Industries Act 1921, which was primarily intended to protect industries significant to national security, the Safeguarding of Industries (Customs Duties) Act 1925 was motivated by rising unemployment Unemployment, according to the OECD (Organisation for Economic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
15 & 16 Geo
Fifteen or 15 may refer to: *15 (number) *one of the years 15 BC, AD 15, 1915, 2015 Music *Fifteen (band), a punk rock band Albums * 15 (Buckcherry album), ''15'' (Buckcherry album), 2005 * 15 (Ani Lorak album), ''15'' (Ani Lorak album), 2007 * 15 (Phatfish album), ''15'' (Phatfish album), 2008 * 15 (Tuki album), ''15'' (Tuki album), 2025 * 15 (mixtape), ''15'' (mixtape), a 2018 mixtape by Bhad Bhabie * Fifteen (Green River Ordinance album), ''Fifteen'' (Green River Ordinance album), 2016 * Fifteen (The Wailin' Jennys album), ''Fifteen'' (The Wailin' Jennys album), 2017 * ''Fifteen'', a 2012 album by Colin James Songs *Fifteen (song), "Fifteen" (song), a 2008 song by Taylor Swift *"Fifteen", a song by Harry Belafonte from the album ''Love Is a Gentle Thing'' *"15", a song by Rilo Kiley from the album ''Under the Blacklight'' *"15", a song by Marilyn Manson from the album ''The High End of Low'' Other media *15 (film), ''15'' (film), a 2003 Singaporean film *Fifteen (T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Trade
The Board of Trade is a British government body concerned with commerce and industry, currently within the Department for Business and Trade. Its full title is The Lords of the Committee of the Privy Council appointed for the consideration of all matters relating to Trade and Foreign Plantations, but is commonly known as the Board of Trade, and formerly known as the Lords of Trade and Plantations or Lords of Trade, and it has been a committee of the Privy Council of the United Kingdom. The board has gone through several evolutions, beginning with extensive involvement in colonial matters in the 17th century, to powerful regulatory functions in the Victorian Era and early 20th century. It was virtually dormant in the last third of the 20th century. In 2017, it was revitalised as an advisory board headed by the International Trade Secretary who has nominally held the title of President of the Board of Trade, and who at present is the only privy counsellor of the board, the othe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Safeguarding Of Industries Act 1921
The Safeguarding of Industries Act 1921 ( 11 & 12 Geo. 5. c. 47) was an Act passed by the British Parliament which safeguarded certain key industries. Part I of the Act put a five-year duty of 33.3% ''ad valorem'' on nine categories of items (including optical glass, laboratory porcelain, hosiery latch needles, metallic tungsten, synthetic chemicals) that were perceived as being essential to British success in the Great War. Part II of the Act put a similar duty on imported goods which were sold at prices below the cost of production ( dumping) or at prices lower than the prices of similar goods profitably made in Britain, due to depreciating currencies of the imported goods' country of origin. In the House of Commons The House of Commons is the name for the elected lower house of the Bicameralism, bicameral parliaments of the United Kingdom and Canada. In both of these countries, the Commons holds much more legislative power than the nominally upper house of ... 142 voted fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unemployment In The United Kingdom
Unemployment in the United Kingdom is measured by the Office for National Statistics. As of February 2024, the U.K. unemployment rate is 3.8%, down from 3.9% in January. In the three-month figures (July to September 2022) the unemployment rate was estimated at 3.6%, which is 0.2 percentage points lower than the previous three-month period. The ONS said the employment rate, or percentage of people in work for those aged between 16 and 64, was estimated to be 75.5%. This was largely unchanged compared with the previous three-month period and 1.1 percentage points lower than before the pandemic (December 2019 to February 2020). The economic inactivity rate (is the proportion of people aged between 16 and 64 years who are not in the labour force) is 21.6%, an increase of 0.2 percentage points on the quarter The figures are compiled through the Labour Force Survey, which asks a sample of 53,000 households and is conducted every 3 months. Unemployment levels and rates are published e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Act 1925
A Finance Act is the headline fiscal (budgetary) legislation enacted by the UK Parliament, containing multiple provisions as to taxes, duties, exemptions and reliefs at least once per year, and in particular setting out the principal tax rates for each fiscal year. Overview In the UK, the Chancellor of the Exchequer delivers a Budget speech on Budget Day, outlining changes in spending, as well as tax and duty. The changes to tax and duty are passed as law, and each year form the respective Finance Act. Additional Finance Acts are also common and are the result of a change in governing party due to a general election, a pressing loophole or defect in the law of taxation, or a backtrack with regard to government spending or taxation. The rules governing the various taxation methods are contained within the relevant taxation acts. Capital Gains Tax legislation, for example, is contained within Taxation of Chargeable Gains Act 1992. The Finance Act details amendments to be made to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Of The United Kingdom
The United Kingdom has three distinctly different legal systems, each of which derives from a particular geographical area for a variety of historical reasons: English law (in the joint jurisdiction of England and Wales), Scots law, Northern Ireland law, and, since 2007, calls for a fourth type, that of purely Welsh law as a result of Welsh devolution, with further calls for a Welsh justice system. In fulfilment of its former EU treaty obligations, European Union directives had been transposed into the UK legal system on an ongoing basis by the UK parliament. Upon Brexit, non-transposed EU law (such as regulations) was transplanted into domestic law as "retained EU law", with an additional period of alignment with EU law during the transition period from 31 January to 31 December 2020. Legal jurisdictions There are three distinct legal jurisdictions in the United Kingdom: England and Wales, Northern Ireland and Scotland. Each has its own legal system, distinct history a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of Great Britain
The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century. Scotland and England (including Wales, which had been treated as part of England since 1536) shared a monarch from 1603 but their economies were run separately until they were unified in the Act of Union 1707. Ireland was incorporated in the United Kingdom economy between 1800 and 1922; from 1922 the Irish Free State (the modern Republic of Ireland) became independent and set its own economic policy. Great Britain, and England in particular, became one of the most prosperous economic regions in the world between the late 1600s and early 1800s as a result of being the birthplace of the Industrial Revolution that began in the mid-eighteenth century. The developments brought by industrialisation resulted in Britain becoming th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. Traders generally negotiate through a medium of credit or exchange, such as money. Though some economists characterize barter (i.e. trading things without the use of money) as an early form of trade, money was invented before written history began. Consequently, any story of how money first developed is mostly based on conjecture and logical inference. Letters of credit, paper money, and non-physical money have greatly simplified and promoted trade as buying can be separated from selling, or earning. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labor, a predominant form of economic activity in which individuals and groups ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
