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Scottish Daily News
The ''Scottish Daily News'' (''SDN'') was a left-of-centre daily newspaper published in Glasgow between 5 May and 8 November 1975. It was hailed as Britain's first worker-controlled, mass-circulation daily, formed as a workers' cooperative by 500 of the 1,846 journalists, photographers, engineers, and print workers who were made redundant in April 1974 by Beaverbrook Newspapers when the ''Scottish Daily Express'' closed its printing operations in Scotland and moved to Manchester. The redundant workers, who set up a ''Scottish Daily News'' action committee, contributed £200,000 of their redundancy money to set up the newspaper, with the British government promising a loan of £1.2 million to enable them to buy the ''Scottish Daily Express'' building in Glasgow at 195 Albion Street—a replica of the ''Daily Express's'' black-glass Art Deco offices in London's Fleet Street, dubbed the "Black Lubyanka"—if the committee could raise another £275,000. Around £175,000 of this c ...
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Left-wing Politics
Left-wing politics describes the range of Ideology#Political ideologies, political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy either as a whole or of certain social hierarchies. Left-wing politics typically involve a concern for those in society whom its adherents perceive as disadvantaged relative to others as well as a belief that there are unjustified inequalities that need to be reduced or abolished, through radical means that change the nature of the society they are implemented in. According to emeritus professor of economics Barry Clark, supporters of left-wing politics "claim that human development flourishes when individuals engage in cooperative, mutually respectful relations that can thrive only when excessive differences in status, power, and wealth are eliminated." Within the left–right political spectrum, ''Left'' and ''right-wing politics, Right'' were coined during the French Revolu ...
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New Internationalist
''New Internationalist'' (''NI'') is an international publisher and left-wing magazine based in Oxford, England, owned by a multi-stakeholder co-operative and run day to day as a worker-run co-operative with a non-hierarchical structure. Known for its strong editorial and environmental policies, and its bi-monthly independent magazine, it describes itself as existing to "cover stories the mainstream media sidestep and provide alternative perspectives on today's global critical issues." It covers social and environmental issues through its magazine, books and digital platforms. ''New Internationalist'' magazine has existed for more than 40 years"Our History"
''New Internationalist''. .
and was the largest magazine of its type in circulation in the United Kingdom. It has won the
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Teddy Taylor
Sir Edward MacMillan Taylor (18 April 1937 – 20 September 2017), known as Teddy Taylor, was a British Conservative Party politician who was a Member of Parliament (MP) for forty years, from 1964 to 1979 for Glasgow Cathcart and from 1980 to 2005 for Southend East. He professed Euroscepticism all his life and was a leading member and vice-president of the Conservative Monday Club. Early life and career Taylor was born in Glasgow. After being educated at the High School of Glasgow and the University of Glasgow, which he attended with future Labour leader John Smith, he worked as a journalist on the '' Glasgow Herald'' and served on Glasgow City Council from 1960. He fought Glasgow Springburn at the 1959 general election, but he lost to Labour's John Forman. Parliamentary career He first entered Parliament in the 1964 election as MP for Glasgow Cathcart, following John Henderson's retirement. At the time he was the Baby of the House, as at 27 he was the younges ...
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Scottish National Party
The Scottish National Party (SNP; ) is a Scottish nationalist and social democratic party. The party holds 61 of the 129 seats in the Scottish Parliament, and holds 9 out of the 57 Scottish seats in the House of Commons of the United Kingdom, House of Commons. It is represented by 419 of the 1,227 local councillors across Scotland. The SNP supports and campaigns for Scottish independence from the United Kingdom and for Scotland's membership in the European Union, with a platform based on progressive social policies and civic nationalism. Founded in 1934 with the amalgamation of the National Party of Scotland and the Scottish Party, the party has had continuous parliamentary List of Scottish National Party MPs, representation in Westminster since Winnie Ewing won the 1967 Hamilton by-election. With the establishment of the devolved Scottish Parliament in 1999, the SNP became the second-largest party, serving two terms as the Opposition (parliamentary), opposition. The SNP gaine ...
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Harold Wilson
James Harold Wilson, Baron Wilson of Rievaulx (11 March 1916 – 23 May 1995) was a British statesman and Labour Party (UK), Labour Party politician who twice served as Prime Minister of the United Kingdom, from 1964 to 1970 and again from 1974 to 1976. He was Leader of the Labour Party (UK), Leader of the Labour Party from 1963 to 1976, Leader of the Opposition (United Kingdom), Leader of the Opposition twice from 1963 to 1964 and again from 1970 to 1974, and a Member of Parliament (United Kingdom), Member of Parliament (MP) from 1945 United Kingdom general election, 1945 to 1983 United Kingdom general election, 1983. Wilson is the only Labour leader to have formed administrations following four general elections. Born in Huddersfield, Yorkshire, to a politically active lower middle-class family, Wilson studied a combined degree of philosophy, politics and economics at Jesus College, Oxford. He was later an Economic History lecturer at New College, Oxford, and a research fello ...
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Coopers & Lybrand
PricewaterhouseCoopers, also known as PwC, is a multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Four accounting firms, along with Deloitte, EY, and KPMG. The PwC network is overseen by PricewaterhouseCoopers International Limited, an English private company limited by guarantee. PwC firms are in 140 countries, with 370,000 people. 26% of the workforce was based in the Americas, 26% in Asia, 32% in Western Europe, and 5% in Middle East and Africa. The company's global revenues were US$50.3 billion in FY 2022, of which $18.0 billion was generated by its Assurance practice, $11.6 billion by its Tax and Legal practice and $20.7 billion by its Advisory practice. The firm in its recent actual form was created in 1998 by a merger between two accounting firms: Coopers & Lybrand, and Price Waterhouse. Both firms had histories dating back to the 19th century. The tra ...
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Liquidator (law)
In law, a liquidator is the officer appointed when a company goes into winding-up or liquidation who has responsibility for collecting in all of the assets under such circumstances of the company and settling all claims against the company before putting the company into dissolution. Liquidator is a person officially appointed to 'liquidate' a company or firm. Their duty is to ascertain and settle the liabilities of a company or a firm. If there are any surplus, then those are distributed to the contributories. Origins In English law English law is the common law list of national legal systems, legal system of England and Wales, comprising mainly English criminal law, criminal law and Civil law (common law), civil law, each branch having its own Courts of England and Wales, ..., the term "liquidator" was first used in the Joint Stock Companies Act 1856. Prior to that time, the equivalent role was fulfilled by "official managers" pursuant to the amendments to the Joint S ...
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Collateral (finance)
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending agreement. The protection that collateral provides generally allows lenders to offer a lower interest rate on loans that have collateral. The reduction in interest rate can be up to several percentage points, depending on the type and value of the collateral. For example, the Annual Percentage Rate (APR) on an unsecured loan is often much higher than on a secured loan or logbook loan. If a borrower defaults on a loan (due to insolvency or another event), that borrower loses the property pledged as collateral, with the lender then becoming the owner of the property. In a typical mortgage loan transaction, for instance, the real estate ...
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Creditor
A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract) that the second party will return an equivalent property and service. The second party is frequently called a debtor or borrower. The first party is called the creditor, which is the lender of property, service, or money. Creditors can be broadly divided into two categories: secured and unsecured. *A secured creditor has a security or charge over some or all of the debtor's assets, to provide reassurance (thus to ''secure'' him) of ultimate repayment of the debt owed to him. This could be by way of, for example, a mortgage, where the property represents the security. *An unsecured creditor does not have a charge over the debtor's assets. The term cr ...
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RMS Titanic
RMS ''Titanic'' was a British ocean liner that Sinking of the Titanic, sank in the early hours of 15 April 1912 as a result of striking Iceberg that struck the Titanic, an iceberg on her maiden voyage from Southampton, England, to New York City, United States. Of the Sinking of the Titanic#Casualties and survivors, estimated 2,224 passengers and crew aboard, approximately 1,500 died (estimates vary), making the incident one of List of accidents and disasters by death toll#Peacetime maritime, the deadliest peacetime sinkings of a single ship. ''Titanic'', operated by White Star Line, carried some of the wealthiest people in the world, as well as hundreds of emigrants from the British Isles, Scandinavia, and elsewhere in Europe who were seeking a new life in the United States and Canada. The disaster drew public attention, spurred major changes in maritime safety regulations, and inspired a Titanic in popular culture, lasting legacy in popular culture. It was the second time Whit ...
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Communism
Communism () is a political sociology, sociopolitical, political philosophy, philosophical, and economic ideology, economic ideology within the history of socialism, socialist movement, whose goal is the creation of a communist society, a socioeconomic order centered on common ownership of the means of production, distribution, and exchange that allocates products in society based on need.: "One widespread distinction was that socialism socialised production only while communism socialised production and consumption." A communist society entails the absence of private property and social classes, and ultimately money and the State (polity), state. Communists often seek a voluntary state of self-governance but disagree on the means to this end. This reflects a distinction between a Libertarian socialism, libertarian socialist approach of communization, revolutionary spontaneity, and workers' self-management, and an authoritarian socialism, authoritarian socialist, vanguardis ...
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Taxicab
A taxi, also known as a taxicab or simply a cab, is a type of vehicle for hire with a Driving, driver, used by a single passenger or small group of passengers, often for a non-shared ride. A taxicab conveys passengers between locations of their choice. This differs from public transport where the pick-up and drop-off locations are decided by the service provider, not by the customers, although demand responsive transport and share taxis provide a hybrid bus/taxi mode. There are four distinct forms of taxicab, which can be identified by slightly differing terms in different countries: * Hackney carriages, also known as public hire, hailed or street taxis, licensed for hailing throughout communities * Private hire vehicles, also known as minicabs or private hire taxis, licensed for pre-booking only * Taxibuses, also come in many variations throughout the Developing country, developing countries as Share taxi#United States, jitneys or jeepney, operating on pre-set routes typified ...
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