‘Margaret Thatcher’s achievements as Prime Minister in the years 1979-1990 were limited.’ Assess the validity of the statement. Margaret Thatcher’s political career has been one of the most remarkable of modern times she served as British Prime Minister for more than eleven years (1979-90)‚ a record unmatched in the twentieth century. During her term of office she reshaped almost every aspect of British politics‚ reviving the economy‚ reforming outdated institutions‚ and reinvigorating the
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Bank of England The Bank of England‚ is the central bank of the United Kingdom . Established in 1694‚ it is the second oldest central bank in the world‚ and the world’s 8th oldest bank if you include commercial banks. It was established to act as the English Government’s banker‚ and to this day it still acts as the banker for the U.K Government‚ the Bank was privately owned and operated from its foundation in 1694 but it was nationalised in 1946. The bank of England has about £156 billion pounds
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monetary policy - comparison Introduction Fiscal policy should not be seen is isolation from monetary policy. For most of the last thirty years‚ the operation of fiscal and monetary policy was in the hands of just one person – the Chancellor of the Exchequer. However the degree of coordination the two policies often left a lot to be desired. Even though the BoE has operational independence that allows it to set interest rates‚ the decisions of the Monetary Policy Committee are taken in full
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result in legislation which is not favourable to a particular company they may sometimes use astroturfing techniques in an attempt to put pressure on the government to change its mind. An example of this occurred in 2012 in the UK when the Chancellor of the Exchequer‚ George Osborne‚ announced that VAT would be applicable on all ‘hot takeaway food’. Greggs bakery quickly jumped onto the press reaction and created a very clever campaign which put a huge amount of pressure on the government to reverse
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The justification of the American Revolution is often questioned years after its occurrence. Taxation without Representation became a great setback for the English parliament. The Intolerable acts weighed heavily on the American colonists who began to seek independence. The English did not identify with the colonists views‚ which ultimately led to British defeat. Primary sources validate the reasoning and rationality in support of both perspectives during the war. The Intolerable Acts was the name
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are where we are! • The deficit has risen as a number of complex factors come together. • There was a rapid increase in spending in the last few years of the labour government • This followed many years of when Gordon Brown was the Chancellor of the Exchequer and he advocated fiscal prudence‚ being very careful with the balance of spending and taxation. • Later on there was an acceleration in the growth of public spending • One example would be state education • Between 2005 and 2010 the employment
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country’s widespread malnutrition and poverty relatively soon! “It’s a most thoughtful and timely action‚ in the light of coming UP elections and thereafter the 2014 general elections‚” said Prof B B Bhattacharya‚ eminent economist and former vice-chancellor of Jawaharlal Nehru University. Then what is the clamour all about? Why are some people hell-bent on opposing it? The general view is that if the government can pull it off‚ it can be the biggest trump card for the UPA government‚ at a time
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Level 3 Public Services Government‚ Politics and the Public Services Unit 1 European parliament What is the European Parliament? The European Parliament‚ also abbreviated as Europarl or the EP‚ is the directly elected parliamentary institution of the European Union (EU). Together with the Council of the European Union and the European Commission‚ it exercises the legislative function of the EU and it has been described as one of the most powerful legislatures in the world The European Directly
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JAMES LAND History – To what extent were the social reforms of the Liberal Government between 1905 and 1914 a response to fuller knowledge about the extent and intensity of poverty? During the late nineteenth century the British government‚ under the Liberal party‚ acted according to the principle of laissez faire. This term refers to an economic doctrine that opposes governmental regulation of or interference in commerce beyond the minimum necessary for a free-enterprise system to operate
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BFBL 604: Corporate Governance and Regulation Individual Coursework Assignment This assignment is worth 30% of the module mark. The aim of this coursework is to test your understanding of the application of corporate governance issues and application to business situation and your ability to select relevant information and present arguments in clear and logical manner. It also aims to test your ability to relate a case scenario to appropriate regulatory requirements and make an initial evaluation
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