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Credit Where It's Due How to Revive Bank Lending to British Small And
November 2011 Credit WWWhereWhere IIIt’sIt’s DDDueDueueue How to revive bank lending to British Small and Medium Sized Enterprises Will Hutton and Kenneth Peasnell The Big Innovation Centre is an initiative of The Work Foundation and Lancaster University. Launched in September 2011, it brings together a range of companies, trusts, universities and public bodies to research and propose practical reforms with the ambition of making the UK a global open innovation hub as part of the urgent task of rebalancing and growing the UK economy, and with the vision of building a world-class innovation and investment ecosystem by 2025. For further details please visit www.biginnovationcentre.com Introduction and Summary The short-run objective: to increase the probability that funds released into the banking system by quantitative easing more directly influence both the risk appetite of banks for lending to small and medium sized enterprises (SMEs), along with their capability to lend rather than being hoarded, used to refinance investment banking activities, or simply disappearing out of the country into overseas lending. The longer-run opportunity: to create an enduring mechanism that will encourage banks to increase lending to the kinds of innovative SMEs that are under-nourished by the current banking system but essential if the UK is to grow and rebalance its economy (Hutton and Nightingale, 2011). The proposal: for the Treasury to create Special Purpose Vehicles (SPVs) that will purchase high-quality SME debt originated by individual banks, and for the SPV to issue tranches of debt in turn, in the form of asset-backed securities (ABSs) with decreasing orders of claim on its portfolio of assets. -
Parliamentary Debates (Hansard)
Wednesday Volume 519 1 December 2010 No. 82 HOUSE OF COMMONS OFFICIAL REPORT PARLIAMENTARY DEBATES (HANSARD) Wednesday 1 December 2010 £5·00 © Parliamentary Copyright House of Commons 2010 This publication may be reproduced under the terms of the Parliamentary Click-Use Licence, available online through the Office of Public Sector Information website at www.opsi.gov.uk/click-use/ Enquiries to the Office of Public Sector Information, Kew, Richmond, Surrey TW9 4DU; e-mail: [email protected] 801 1 DECEMBER 2010 802 and the fact that this will cause extra difficulty for House of Commons people, so I am sure he will welcome the fact that we are maintaining the cold weather payments and the winter Wednesday 1 December 2010 fuel allowance. I am certainly happy to discuss ideas of getting together with the different energy companies to The House met at half-past Eleven o’clock make sure that they are properly focused on the needs of their customers. PRAYERS Asylum Seekers [MR SPEAKER in the Chair] 2. Anas Sarwar (Glasgow Central) (Lab): What discussions he has had with the UK Border Agency on the cancellation of its contract with Glasgow city Oral Answers to Questions council to provide services to asylum seekers. [26708] 5. Pete Wishart (Perth and North Perthshire) (SNP): SCOTLAND What recent discussions he has had with the UK Border Agency on the welfare of asylum seekers in The Secretary of State was asked— Scotland. [26711] Energy The Parliamentary Under-Secretary of State for Scotland (David Mundell): The Secretary of State and I are in 1. -
Collegenews Issue27
HERTF collegeRDnews Issue 27, 2015 Atlantic Endeavour Data: Oxford volunteers An ocean rowing world the new oil of the digital A hub for volunteer groups record attempt economy? Issue27 ATA DATADATA DATA D DATA D ATA DATA DATA D D DATAD DATAD ATA ATA ATA DATADATA DATA DA ATA ATA D ATADATAD TA D ATAD DATA ATA D ATA ATAD ATA D D D D ATAD ATA D ATA D D D ATA ATA DA ATA ATA ATA D ATA ATA D ATA ATA D D D D TA D ATA ATA ATA ATA ATA ATA ATA D D ATA D D ATA D D D ATA D D D ATA ATA D D ATA ATA ATA D ATA ATA D D ATA ATA ATA D D D D ATA D ATA ATA D D ATA ATA 8 D ATA ATA D ATA D ATA ATA ATA D D D D FROM 12 WILL HUTTON 10 16 This summer finds me in a ruminative mood at the half way mark in my term of office as Principal, pondering on how quickly four years has gone and how even faster the next four years will go. Blink and Contents you’ll miss me! It’s not really a job, more a way of life being around so much sheer intelligence and appetite for life; it’s constantly exciting. I wrote after my first 100 days in the job about how Hertford has ‘ideas 3 From Will Hutton 14 Computer programming and me worth spreading’, and I remain thoroughly impressed by the diverse range of research and study taking Turtles, Philosophy and J.K. -
Disruptive Power: the Crisis of the State in the Digital
disruptive power OXFORD STUDIES IN DIGITAL POLITICS Series Editor: Andrew Chadwick, Royal Holloway, University of London Expect Us: Online Communities and Political Mobilization Jessica L. Beyer The Hybrid Media System: Politics and Power Andrew Chadwick Tweeting to Power: The Social Media Revolution in American Politics Jason Gainous and Kevin M. Wagner The Digital Origins of Dictatorship and Democracy: Information Technology and Political Islam Philip N. Howard Democracy’s Fourth Wave? Digital Media and the Arab Spring Philip N. Howard and Muzammil M. Hussain The MoveOn Effect: The Unexpected Transformation of American Political Advocacy David Karpf Taking Our Country Back: The Crafting of Networked Politics from Howard Dean to Barack Obama Daniel Kreiss Bits and Atoms: Information and Communication Technology in Areas of Limited Statehood Steven Livingston and Gregor Walter-Drop Digital Cities: The Internet and the Geography of Opportunity Karen Mossberger, Caroline J. Tolbert, and William W. Franko Revolution Stalled: The Political Limits of the Internet in the Post-Soviet Sphere Sarah Oates Affective Publics: Sentiment, Technology, and Politics Zizi Papacharissi Presidential Campaigning in the Internet Age Jennifer Stromer-Galley News on the Internet: Information and Citizenship in the 21st Century David Tewksbury and Jason Rittenberg disruptive power The Crisis of the State in the Digital Age taylor owen 1 1 Oxford University Press is a department of the University of Oxford. It furthers the University’s objective of excellence in research, scholarship, and education by publishing worldwide. Oxford New York Auckland Cape Town Dar es Salaam Hong Kong Karachi Kuala Lumpur Madrid Melbourne Mexico City Nairobi New Delhi Shanghai Taipei Toronto With offices in Argentina Austria Brazil Chile Czech Republic France Greece Guatemala Hungary Italy Japan Poland Portugal Singapore South Korea Switzerland Thailand Turkey Ukraine Vietnam Oxford is a registered trade mark of Oxford University Press in the UK and certain other countries. -
Phil Syrpis, Professor of EU Law EU Law Before and After The
Law Research Paper Series Paper #009 2018 EU law before and after the referendum - challenges and opportunities Phil Syrpis, Professor of EU Law University of Bristol Law School Wills Memorial Building Queen’s Road Bristol BS8 1RJ bristol.ac.uk/law/research/legal-research -papers ISSN 2515-897X The Bristol Law Research Paper Series publishes a broad range of legal scholarship in all subject areas from members of the University of Bristol Law School. All papers are published electronically, available for free, for download as pdf files. Copyright remains with the author(s). For any queries about the Series, please contact [email protected]. EU law before and after the referendum ‐ challenges and opportunities Phil Syrpis Phil Syrpis is Professor of EU Law at the University of Bristol Law School. What follows is a slightly edited version of the Inaugural Lecture I delivered at the University of Bristol on Tuesday 1st May 2018, complete with references and links. In the lecture, I sought to explain the transformative effect which the referendum and the wider Brexit debate has had on (my) EU law scholarship. I first discussed the themes and issues with which I have grappled in my academic career – with a focus on the nature of the EU as a developing political entity, the nature of the EU internal (or single) market, and the EU’s relationship with national legal and political structures. I then went on to explain the impact of Brexit, which, of necessity has involved re‐ imagining not only the UK’s relationship with the EU, but also the role of legal academics. -
Donor Report 2016-17
Donor Report 2016-17 Contents From the Principal From the Principal 3 Student Support 4 ore of you have given to Hertford than ever Teaching and Research 11 M before, and in the pages that follow you can see College Life 18 your generosity has been put to good use. Bursaries, And now for the statistics 23 scholarships, travel and research grants, supporting the entire hard and soft infrastructure of the college, the rooms Triumph for the #TeamHertford campaign! 26 in which our fabulous tutors teach and give tutorials – all Thank you to our donors! (2016-2017) 28 have to be paid for. With your support we are able to sustain Geoffrey arnockW Society 33 and drive the college forward. Many, many thanks. It really What’s next? 34 makes a difference! A global network of support 35 The range of what our students get up to never ceases to amaze me – singing in Lithuania, playing rugby in Mongolia or pre-training during precious vacation weeks to be the best they can be at rowing. But of course, Hertford is above all an academic institution: supporting our students to reach their intellectual best is at our core and dearest to our hearts. They are faring well, and you are contributing to making that happen. You’re in for a treat with this year’s report – stories from the front line and compelling at a glance statistics, all presented with great Hertford College Hertford College Alumni pizazz. Enjoy and thanks again! @HertfordCollege HertfordCollege Very best wishes, Development Office, Hertford College, Oxford, OX1 3BW Will Hutton T: +44 (0) 1865 279428 | E: [email protected] | W: www.hertford.ox.ac.uk Donor Report 2016-17 3 Student Lawson Support Lancaster(2010) Take a closer look at those who have benefited from #TeamHertford’s generosity. -
An Idiot's Guide to the Private Finance Initiative
An idiots guide to the Private Finance Initiative A SPECIAL REPORT BY PAUL FOOT This is the story of the Private Finance Initiative: how it became a jewel in the crown of New Labour, its savings, its costs, its pitfalls and windfalls, and how it changed the face of British accountancy and British politics more firmly into the governments programmes. But he insisted that PFI would only work if the whole of the financial risk Im the of a project was transferred from the public sector to the private sector. This caused a Iron lot of concern to private contractors and Chancellor banks. Their directors were prepared to bid for government contracts for which the government was eventually responsible, but were not at all happy about bidding for contracts for which private contractors might be held liable. Another worry was the Labour opposition whose MPs were inclined to oppose such measures as creeping privatisation. So although Two Brains theory was officially adopted by the Tory government, it never really got off the ground. As predicted by the sceptics, the idea infuriated Labour and the trade unions. In 1996 the TUC vigorously opposed PFI and in a Commons debate on 1 May the same year, Labour frontbencher Sam Galbraith got to the root of the matter. The private finance initiative, he Surely concluded, is basically all about Enron government bodies borrowing money but not having it set against the public sector Chancellor? borrowing requirement. He forecast: Today, the private sector will only get involved in the PFI within the health services if it carries no real risk. -
Issue 11 Autumn/Winter 2004/5
Hertford College News Issue 11 Autumn/Winter 2004/5 Feature: Hertford’s International Programmes New Principal New Chaplain Principal’s Column This will be my last Principal’s newsletter. We are on the point of making new appointments Once again, after nine years, I will be moving in History, replacing Dr Ellis, French, house, but this time trying to fit all the accumu- Philosophy replacing Dr Gonzalo Rodriguez- lations of more than 25 years of living in two Pereyra, who has sadly decided to move to a places into one home just south of Oxford. I chair in Nottingham coupled with a similar posi- will miss the splendid views of the Bodleian, tion in his home town of Buenos Aires, and in Radcliffe Square and Brasenose Lane from my Physical Chemistry. This is a busy portfolio of bedroom window, but will instead wake up to a appointments to make during my last months as view of the Berkshire Downs. I believe I leave Principal. with the college in better shape even than when I came, but with many challenges ahead for my We have been fortunate in being able to purchase successor and the Governing Body. five houses in north Oxford, which we had on relatively short term leases from the university. This now guar- During my seemingly short nine years there have been many antees our future ability to house all our graduate students and changes in the University and the College. Fees have been provides an interesting opportunity for further development, as introduced and are destined to rise to £3,000 per year next year. -
Symptoms of Euro-Denial
REVIEWS Will Hutton, The World We’re In Little Brown: London 2002, £17.99, hardback 420 pp, 0 3168 5871 4 Robin Blackburn SYMPTOMS OF EURO-DENIAL A former broker, scourge of Thatcherism in the Guardian’s business pages and, later, editor of the Observer, Will Hutton has carved out a distinctive niche for himself in Britain as a defender of the social-market model. His 1995 best-seller The State We’re In caught the public mood in the dying years of Conservative rule. It not only lambasted the sleaze and social fail- ure of the government but linked this to Britain’s oligarchic and antiquated political system, with its House of Lords, royal prerogative, unelected quan- gos and parliamentary majorities based on a minority of the popular vote. Hutton’s critique was not inspired by any socialist animosity to capitalism, however. Instead, he called for a democratized Britain to make good the ravages of Thatcherism by adopting the ethos and institutions of European ‘stakeholder’ capitalism. The term itself comes not from the lexicon of political movements, whether Christian or Social Democratic, but from management philosophy: rather than placing shareholder interest above all others, the stakeholder approach claimed to give due weight to the interests of the workforce and community. In Hutton’s view, the model not only promoted the nego- tiation of progressive social benefits but fostered world-beating enterprises, based on a highly skilled workforce—unlike Anglo-Saxon stock-exchange new left review 18 nov dec 2002 131 132 nlr 18 capitalism, which gave free rein to the short-termism and herd instinct of bankers and money managers. -
University of Westminster Harrow Irs Centre
Crisis or Renewal? The origins, evolution and future of public service broadcasting 1922 to 1996 jenny Owen Centre for Conmunication and information Studies A thesis submitted to the University of Westminster f or the degree of Doctor of Philosophy in the Faculty of Communications September 1996 UNIVERSITYOF WESTMINSTER HARROW IRS CENTRE Introduction: pp i- ix Chapter One: The origins of the public service concept: ppl-15 1.1 Public service as an ethic and an institution 1.2 Public service and the influence of colonial administration 1.3 The ideal of service - duty, obligation and character 1.4 Public service - education for democracy Concluding remarks Chapter Two: Public service and the state: pp16-40 2.1 Individualism versus collectivism 2.2 The development of state intervention in industry 2.3 State development in communications 2.4 Public service and reconstruction Concluding remarks Chapter Three: Public service development in the 19208: the philosophy of public administration and the emergence of public corporations: pp4l-82 3.1 Public service and public administration 3.2 The principles of public service 3.3 The principles of public service broadcasting 3.4 Public service and public corporations 3.5 Public corporations and the public utility trust - questions of accountability and efficiency Concluding remarks Chapter Four: Public service broadcasting and the BBC as a public corporation: pp83-110 4.1 The birth of public service broadcasting 4.2 Broadcasting as a public utility or public corporation 4.3 The BBC and the Post Office -
Osborne Is Intellectually Broken and the Real Enemy of Business
UNCLASSIFIED U.S. Department of State Case No. F-2014-20439 Doc No. C05794580 Date: 11/30/2015 RELEASE IN PART B6 From: H <[email protected]> Sent: Monday, May 7, 2012 5:25 PM To: '[email protected]' Subject: Fw: H: FYI, best critique of retro-Romneyism is critique of UK Osborneomics. Sid Pls print. From: sbwhoeop [mailto:sbwhoeop Sent: Sunday, April 29, 2012 08:35 AM To: H Subject: H: FYI, best critique of retro-Romneyism is critique of UK Osborneomics. Sid Will Hutton is an old friend of mine. Bio: William Nicolas Hutton (born 21 May 1950, Woolwich) is an English writer, weekly columnist and former editor-in-chief for The Observer. He is currently Principal of Hertford College, Oxford and Chair of the Big Innovation Centre, an initiative from The Work Foundation (formerly the Industrial Society), having been Chief Executive of The Work Foundation from 2000 to 2008. http://www.guardian.co.uk/commentisfree/2012/apr/29/will-hutton-george-osborne-intellectually-broken Osborne is intellectually broken and the real enemy of business It was obvious to everybody that the recovery the chancellor predicted could not happen. And so it has proved • 0 o Will Hutton o The Observer, Sunday 29 April 2012 The chancellor at bay. George Osbome's hopes of recovery have been crucially undermined. Photograph: Pool/Getty Images Britain can and should expect better. Last week, we learned that output is still an incredible 4.3% below its 2008 level. The economy has relapsed into a double-dip recession and there is little prospect of pre-recession levels of output for at least another two years. -
Descendants of Richard Crewdson
Descendants of Richard Crewdson Charles E. G. Pease Pennyghael Isle of Mull Descendants of Richard Crewdson 1-Richard Crewdson1 died in 1700. Noted events in his life were: • He had a residence in Crook, Kendal, Cumbria. Richard married Ann Ellwood1 in 1677 in Crook, Kendal, Cumbria. Ann died in 1730 in Crook, Kendal, Cumbria. They had four children: John, Ann, Agnes, and Sarah. General Notes: 11. 4. 1730. Anne Crewdson of Crook. Parish of Ky Kendall. (Died 1730). The name sometimes appears as Crudson or Croudson. Messuage and Tenement upon which I now dwell (late in the possession of Jonathan Thompson) Scituate at the Low End of Crook in the Parish of Kendal (Lands of Lord Viscount Lonsdale, yearly fhneable rent of 1/3, and also 2/4 for the Mill-stead) to my Daughter Sarah Crewdson and her heirs. Personal Estate. To Daughter in Law Margaret Crewdson 20/. To my five Grand-children John, Bryan, Isaac, Jonathan and Margaret Crewdson 20/- each. To my Daughter Anne Garnett wife of John G. £30. To Daughter Agnes Robinson wife of George R. £35. To John Garnett's children 2/6 each. Residue and all my Goods Credits Cattels and Chattells to my Daughter Sarah Crewdson subject to payment of debts etc. Executrix. Sarah Crewdson. Supervisors. John Thompson and Thomas Morland both of Crook (2/6 each). Inventory. Personal. Purse and Apparrell £4. 10. 0. Debts due to ye Deceased £115. Furniture. A chest and Table and Chayres 10/-. Goods in the Buttery 10/-. Goods in the Chamber £2. 10. 0. Implements.