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Tony Rudd (stockbroker)
Riley Anthony Winton Rudd (24 April 1924 – 29 May 2017) was an English stockbroker who found success in the world of technology start-ups, but came under censure from the Department of Trade and Industry (United Kingdom), Department of Trade and Industry for his business practices. Among his children were the politician Amber Rudd and the public relations executive Roland Rudd. Early life Tony Rudd was born in Wandsworth, London, on 24 April 1924 to the businessman Frederick Rudd and a Miss Maguire, later being brought up by Frederick's ex wife Grace Winton Rudd (née Brown). He was educated at Blundell's School before going up to University College, Oxford, to read Philosophy, Politics and Economics. His studies were interrupted by the Second World War during which he served as a navigator for a Polish squadron in the Royal Air Force. He flew in De Havilland Mosquito, Mosquitos and had to bail out over Germany with his pilot after their aircraft was hit by fire from a Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wandsworth
Wandsworth Town () is a district of south London, within the London Borough of Wandsworth southwest of Charing Cross. The area is identified in the London Plan as one of 35 major centres in Greater London. Toponymy Wandsworth takes its name from the River Wandle, which enters the River Thames, Thames at Wandsworth. Wandsworth appears in Domesday Book of 1086 as ''Wandesorde'' and ''Wendelesorde''. This means 'enclosure of (a man named) Waendel', whose name is also lent to the River Wandle. To distinguish it from the London Borough of Wandsworth, and historically from the Wandsworth District (Metropolis), Wandsworth District of the Metropolis and the Metropolitan Borough of Wandsworth, which all covered larger areas, it is also known as Wandsworth Town. History At the time of the Domesday Book (1086), the manor of Wandsworth was held partly by William, son of Ansculfy, and partly by St Wandrille's Abbey. Its Domesday assets were 12 hide (unit), hides, with ploughs and of me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Spencer
Michael Alan Spencer, Baron Spencer of Alresford (born 30 May 1955), sometimes known as "Spence", is a British billionaire businessman and philanthropist. He is the founder of NEX Group, a UK-based business focused on electronic markets and post-trade business which was acquired by CME Group in November 2018. NEX Group was formerly known as ICAP, until the sale of its voice-broking business to Tullett Prebon in December 2016. Spencer was described in 2018 as the richest self-made person in the City of London and a "City grandee". According to the '' Sunday Times Rich List'' in 2021, he is worth an estimated £1.2 billion. He was awarded a peerage in August 2020 in the Political Honours List. He is the father of Patrick Spencer, MP for Central Suffolk and North Ipswich. Education Spencer was born in British Malaya. His father was an economist and international civil servant, his mother a linguist. During Spencer's early childhood, his family moved from his birth country to S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Eye (magazine)
''Private Eye'' is a British fortnightly satirical and current affairs news magazine, founded in 1961. It is published in London and has been edited by Ian Hislop since 1986. The publication is widely recognised for its prominent criticism and lampooning of public figures. It is also known for its in-depth investigative journalism into under-reported scandals and cover-ups. ''Private Eye'' is Britain's best-selling current affairs news magazine, and such is its long-term popularity and impact that many of its recurring in-jokes have entered popular culture in the United Kingdom. The magazine bucks the trend of declining circulation for print media, having recorded its highest-ever circulation in 2016 of over 287,000 for that year's Christmas edition. It is privately owned and highly profitable. With a "deeply conservative resistance to change", it has resisted moves to online content or glossy format: it has always been printed on cheap paper and resembles, in format and c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Capitalism
Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed rounds are the initial stages of funding for a startup company, typically occurring early in its development. During a seed round, entrepreneurs seek investment fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Sassoon & Co
David Sassoon & Co., Ltd. (in the early years called ″David Sassoon & Sons″) was a trading company operating in the 19th century and early 20th century predominantly in India, China and Japan. History Established 1832 in Bombay (today Mumbai) by David Sassoon (treasurer), David Sassoon (1792–1864), a Baghdadi Jewish businessman. The company was set up in a small counting house at 9 Tamarind Street (does not exist any longer) initially involved in banking activities and property investments. But it soon started to deal successfully in all sorts of commodities like precious metals, silks, Gum (botany), gums, spices, wool and wheat. But by that time it specialised in trading Indian cotton yarn and opium from Bombay to China. The latter was promoted by the First Opium War and the Treaty of Nanking in 1842 between the United Kingdom of Great Britain and Ireland, United Kingdom and the Chinese Qing dynasty.Jonathan Goldstein (Editor): "The Jews of China", Volume One, M.E. Sha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plessey
The Plessey Company plc was a British electronics, defence and telecommunications company. It originated in 1917, growing and diversifying into electronics. It expanded after World War II by acquisition of companies and formed overseas companies. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. In 1989, it was taken over by a consortium formed by GEC and Siemens which split the assets of the Plessey group. The majority of Plessey's defence assets were amalgamated into BAE Systems in 1999 when British Aerospace merged with the defence arm of GEC, Marconi Electronic Systems (MES). The Plessey Microsystems division was the subject of a management buyout in 1988 becoming Radstone Technology, which survives today as part of Abaco Systems based in Towcester, Northamptonshire. The bulk of Plessey's telecommunications assets were acquired by Ericsson through its 2005 acquisition of Marconi Communications, a successor company of GEC. History E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rotork
Rotork plc is a British-based company manufacturing industrial flow control equipment. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The company was established as a small engineering workshop in Bristol in the 1940s. In 1945 it was acquired by ''Frenchay Products'' led by Jeremy Fry. It made its first actuator in 1952.History of Rotork plc Funding Universe In 1957 Rotork moved to , initially operating from Widcombe Manor, Jeremy Fry's home, with 12 staff. In 1962 it moved into a new production plant in [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Racal Electronics
Racal Electronics plc was a British electronics company that was founded in 1950. Listed on the London Stock Exchange and once a constituent of the FTSE 100 Index, Racal was a diversified company, offering products including voice recorders and data recorders, point of sale terminals, laboratory instruments and military electronics, including radio and radar. At its height it was the third largest British electronics firm; it operated worldwide and employed over 30,000 people at its height. It was the parent company of Vodafone, before the mobile telephony provider was sold in 1991. Racal was bought by Thomson-CSF (now called Thales Group) in 2000. The purchase was expected to roughly double the size of the French defence giant's operations in the UK, a country that already represented one of its biggest export markets in Europe. In 2001, Racal Instruments Inc. became an independent company after a leveraged buyout from Thales. In 2004, it was acquired by EADS North America De ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Not A Penny More, Not A Penny Less
''Not a Penny More, Not a Penny Less'' was Jeffrey Archer's first novel, first published in 1976. It was said to have been inspired by Archer's real-life experience of near-bankruptcy. Synopsis Harvey Metcalfe, a Polish immigrant to the United States, rises from messenger boy to corporate magnate, combining business skills with little loyalty and much ruthlessness. Over 40 years, he has mastered the shady deal, and by the 1960s is a multi-millionaire. Taking advantage of a British decision to allow companies to claim North Sea oil drilling rights with little money down, Metcalfe creates Prospecta Oil, a paper company designed to look good and bring in investors, to be left hanging out to dry when the bottom drops out. Metcalfe's agents hire David Kesler, a Harvard MBA who talks up the company to the four protagonists: Stephen Bradley, an American professor at the University of Oxford; Dr Robin Oakley, a Harley Street doctor; Jean-Pierre Lamanns, a French art dealer with a gall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeffrey Archer
Jeffrey Howard Archer, Baron Archer of Weston-super-Mare (born 15 April 1940) is an English novelist and former politician. He was Member of Parliament (MP) for Louth (Lincolnshire) from 1969 to 1974, but did not seek re-election after a financial scandal that left him almost bankrupt. Archer revived his fortunes as a novelist. His novel ''Kane and Abel'' (1979) remains one of the best-selling books in the world, with an estimated 34 million copies sold worldwide. Overall his books have sold more than 320 million copies worldwide. Archer was the deputy chairman of the Conservative Party from 1985 to 1986; he resigned after a newspaper accused him of paying money to a prostitute. In 1987 he won a civil case and was awarded large damages because of this claim. He was made a life peer in 1992 and subsequently became the first Conservative candidate to be selected as a candidate for mayor of London. He ended his candidacy in 1999 after it emerged that he had lied in the case ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stroke Association
The Stroke Association is a charity in the United Kingdom. It works to prevent stroke, and to support everyone touched by stroke, fund research, and campaign for the rights of stroke survivors of all ages. History The Stroke Association was formed in 1992 out of the Chest, Heart and Stroke Association (CHASA), to focus exclusively on stroke. The preceding decades had seen the development of community based rehabilitation programs based on the work of Valerie Eaton Griffiths with actress Patricia Neal – wife of author Roald Dahl - following her series of severe strokes in the 1960s. Supported by the CHASA, these services became an increasingly significant part of their work until the charity decided to focus all of its attention and resources on stroke to become the Stroke Association. Juliet Bouverie was appointed chief executive of the Stroke Association in June 2016. Juliet was awarded the Order of the British Empire Medal (OBE) in the Queen’s 2020 New Years Honours lis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guinness Scandal
The Guinness share-trading fraud was a major business scandal of the 1980s. It involved the manipulation of the London stock market to inflate the price of Guinness shares to thereby assist Guinness's £4 billion takeover bid for the Scottish drinks company Distillers. Four businessmen were convicted of criminal offences for taking part in the manipulation. The scandal was discovered in testimony given by the US stock trader Ivan Boesky as part of a plea bargain. Ernest Saunders, Gerald Ronson, Jack Lyons and Anthony Parnes, the so-called Guinness four, were charged, paid large fines and, with the exception of Lyons, who was suffering from ill health, served prison sentences. The case was brought by the Serious Fraud Office. Crime The defendants bought shares in Guinness plc to enable Guinness (by supporting its share price) to take over Distillers, a much larger company. The Distillers board favoured Guinness as partners and were facing a hostile bid by Argyll. The Guinness e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
