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Bank Act of 1844. The Bank Charter Act 1844 (7 & 8 Vict. c. 32), sometimes referred to as the Peel Banking Act of 1844, was an Act of the Parliament of the United Kingdom, passed under the government of Robert Peel, which restricted the powers of British banks and gave exclusive note-issuing powers to the central Bank of England.
A great impetus to country banking came in 1790 when, with England threatened by war, the Bank of England suspended cash payments. A handful of Frenchmen landed in Pembrokeshire, causing a panic. Shortly after this incident, Parliament authorised the Bank of England and country bankers to issue notes of low denomination.
The London Foundation of Banking & Finance (the continuing charity) carries out the Young Persons' Money Index every year – a survey that tracks the delivery of finance education in schools in the UK. It also examines the attitudes, behaviour and experience of UK students in relation to money and personal finance.
The organisation was founded in London, UK in 2011 as the International Academy of Retail Banking with the objective of educating retail bankers worldwide to a professional standard. [ 1 ] In 2012 the UK Parliamentary Commission on Banking Standards accepted evidence from a number of participants operating in the banking sector.
In 1906, official histories were being written by three departments at the War Office and one in the Admiralty. Lord Esher, a member of the Committee of Imperial Defence, suggested that a subcommittee be established as the Historical Section, to centralise the collection of army and navy archives, as a repository of the lessons of war for strategists.
Under the Bank of England Act 1998 section 1, the bank's executive body, the "Court of Directors" is "appointed by Her Majesty", which in effect is the prime minister. [7] This includes the Governor of the Bank of England (currently Andrew Bailey) and up to 14 directors in total (currently there are 12, 9 men and 3 women [8]). [9]
This is a list of university colleges in the UK.Institutions included on this list are university colleges that are recognised bodies with their own degree awarding powers; [1] it does not include institutions with "university college" in their title that are listed bodies as parts of a university (see colleges within universities in the United Kingdom), or other institutions with "university ...
Commissioned by the Oxford University Press to write a history of the First World War to replace C. R. M. F. Cruttwell's one-volume A History of the Great War, 1914-1918, Strachan completed the first of three volumes, The First World War: Volume 1: To Arms in 2001 to wide acclaim and is acknowledged as one of the world's authorities on the subject.