Social History Of The United Kingdom (1979–present)
The social history of the United Kingdom (1979–present) began with Conservative Party (UK), Conservative Prime Minister, Margaret Thatcher (1979–1990) entering government and rejecting the post-war consensus in the 1980s. She privatised most state-owned industries and worked to weaken the power and influence of the Trade unions in the United Kingdom, trade unions. The party remained in government throughout most of the 1990s albeit with growing internal difficulties under the leadership of Prime Minister John Major (1990–1997). The "New Labour" premiership of Tony Blair (1997–2007) accepted many of Thatcher's economic policies, but he presided over a period of relative economic prosperity. British Hong Kong, Hong Kong, the economy of Hong Kong, most prosperous and the last significant overseas territory was handover of Hong Kong, handed back to China in 1997, ending 156 years of British rule and the symbolic end of the empire. Blair's government grew unpopular after 20 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1979 United Kingdom General Election
The 1979 United Kingdom general election was held on Thursday 3 May 1979 to elect List of MPs elected in the 1979 United Kingdom general election, 635 members to the House of Commons of the United Kingdom, House of Commons. The election was held following the defeat of the Labour government in a no-confidence motion on 28 March 1979, six months before the Parliament was due for dissolution in October 1979. The Conservative Party (UK), Conservative Party, led by Margaret Thatcher, ousted the incumbent Labour Party (UK), Labour government of Prime Minister James Callaghan, gaining a parliamentary majority of 43 seats. The election was the first of four consecutive election victories for the Conservative Party, and Thatcher became the United Kingdom's and Europe's first elected female head of government, marking the beginning of 18 years in government for the Conservatives and 18 years in opposition for Labour. Unusually, the date chosen coincided with the 1979 United Kingdom loca ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nick Clegg
Sir Nicholas William Peter Clegg (born 7 January 1967) is a British retired politician and media executive who served as Deputy Prime Minister of the United Kingdom from 2010 to 2015 and as Leader of the Liberal Democrats from 2007 to 2015. He was Member of Parliament (United Kingdom), Member of Parliament (MP) for Sheffield Hallam (UK Parliament constituency), Sheffield Hallam from 2005 to 2017. An "The Orange Book, Orange Book" liberal, he has been associated with both socially liberal and economically liberal policies. Born in Buckinghamshire, Clegg was educated at Westminster School before going on to study at the University of Cambridge, University of Minnesota and College of Europe. He worked as a journalist for the ''Financial Times'' before becoming a Member of the European Parliament (MEP) in 1999. After his election to the House of Commons of the United Kingdom, House of Commons in 2005, Clegg served in a variety of leadership roles in the Liberal Democrats (UK), Lib ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 government, 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 war ministry ended 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 following the 2015 election. History The previous Parliament had been dissolved on 12 April 2010 in advance of the general election on 6 May. The general election resulted in a hung p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions” United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Iraq War
The Iraq War (), also referred to as the Second Gulf War, was a prolonged conflict in Iraq lasting from 2003 to 2011. It began with 2003 invasion of Iraq, the invasion by a Multi-National Force – Iraq, United States-led coalition, which resulted in the overthrow of the Ba'athist Iraq, Ba'athist government of Saddam Hussein. The conflict persisted Iraqi insurgency (2003–2011), as an insurgency arose against coalition forces and the newly established Iraqi government. US forces Withdrawal of United States troops from Iraq (2007–2011), were officially withdrawn in 2011. In 2014, the US became re-engaged in Iraq, leading a new coalition under Combined Joint Task Force – Operation Inherent Resolve, as the conflict evolved into the ongoing Islamic State insurgency in Iraq (2017–present), Islamic State insurgency. The Iraq invasion was part of the Presidency of George W. Bush, Bush administration's broader war on terror, launched in response to the September 11 attacks. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Handover Of Hong Kong
The handover of Hong Kong from the United Kingdom to the People's Republic of China was at midnight on 1 July 1997. This event ended 156 years of British rule in the former colony, which began in 1841. Hong Kong was established as a special administrative region of China (SAR) for 27 years, maintaining its own economic and governing systems from those of mainland China during this time, although influence from the central government in Beijing increased after the passing of the Hong Kong national security law in 2020. Hong Kong had been a colony of the British Empire since 1841, except for four years of Japanese occupation from 1941 to 1945. After the First Opium War, its territory was expanded in 1860 with the addition of Kowloon Peninsula and Stonecutters Island, and in 1898, when Britain obtained a 99-year lease for the New Territories. The date of the handover in 1997 marked the end of this lease. The 1984 Sino-British Joint Declaration had set the conditions unde ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economy Of Hong Kong
The economy of Hong Kong is a Developed country, highly developed free-market economy. It is characterised by Taxation in Hong Kong, low taxation, almost free port trade and a well-established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and is pegged to the United States dollar, US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure that they are market driven. There is no officially recognised central banking system, although the Hong Kong Monetary Authority functions as a financial regulatory authority. Its economy is governed under positive non-interventionism, and is highly dependent on international trade and finance. For this reason it is regarded as among the most favorable places to start a company. In fact, a recent study shows that Hong Kong has come from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce (22%), Fintech (12 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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British Hong Kong
Hong Kong was under British Empire, British rule from 1841 to 1997, except for a Japanese occupation of Hong Kong, brief period of Japanese occupation during World War II from 1941 to 1945. It was a crown colony of the United Kingdom from 1841 to 1981, and a British Dependent Territory, dependent territory from 1981 to 1997. The colonial period began with the British occupation of Hong Kong Island under the Convention of Chuenpi in 1841 of the Victorian era, and ended with the handover of Hong Kong to the China, People's Republic of China in July 1997. In accordance with Art. III of the Treaty of Nanking of 1842, signed in the aftermath of the First Opium War, the island of Hong Kong was ceded in perpetuity to Great Britain. It was established as a Crown colony in 1843. In 1860, the British expanded the colony with the addition of the Kowloon Peninsula and was further extended in 1898 when the British obtained Convention for the Extension of Hong Kong Territory, a 99-year lease ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New Labour
New Labour is the political philosophy that dominated the history of the British Labour Party from the mid-late 1990s to 2010 under the leadership of Tony Blair and Gordon Brown. The term originated in a conference slogan first used by the party in 1994, later seen in a draft manifesto which was published in 1996 and titled '' New Labour, New Life for Britain''. It was presented as the brand of a newly reformed party that had altered the old Clause IV (which stressed nationalisation) and instead endorsed market economics. The branding was extensively used while the party was in government between 1997 and 2010. New Labour was influenced by the political thinking of Anthony Crosland and the leadership of Blair and Brown as well as Peter Mandelson and Alastair Campbell's media campaigning. The political philosophy of New Labour was influenced by the party's development of Anthony Giddens' Third Way which attempted to provide a synthesis between capitalism and socialism. The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |