Search results
Results From The WOW.Com Content Network
This category is for "Companies Act companies", which are companies that are created under the 1985 or 2006 Companies Acts, and registered with Companies House as normal, but are fully or partly-owned by the UK Government. Other types of company should go into the relevant sub-category. Companies portal
The best known example, established in 1600, was the British East India Company. Queen Elizabeth I granted it the exclusive right to trade with all countries to the east of the Cape of Good Hope. Corporations at this time would essentially act on the government's behalf, bringing in revenue from its exploits abroad.
The Joint Stock Companies Act 1844 created a centralised register of companies, enabled companies to be incorporated by registration, and established the office of the registrar; the Joint Stock Companies Act 1856 mandated separate registrars for each of the three UK jurisdictions. Initially just a brand, Companies House became an official ...
After extensive privatisation of the public sector during the Margaret Thatcher administration, there remain few statutory corporations in the UK. Privatisation began in the late 1970s, and notable privatisations include the Central Electricity Generating Board, British Rail, and more recently Royal Mail.
Fortunately the Companies Act 1989 relaxed this rule allowing for the companies to statement “The company is to carry on business as a general commercial capacity”. This statement allows the company “to trade or carry on business with whatsoever and; the company has the power to do all such things as are incidental or conducive to the ...
A UK private limited company was refused registration by the Danish authorities, but it was held that the refusal was unlawful because the minimum capital rules did not proportionately achieve the aim of protecting creditors. Less restrictive means could achieve the same goal, such as allowing creditors to contract for guarantees.
An operator of last resort is a business in the United Kingdom that operates a railway franchise, on behalf of the government, when a train operating company (TOC) is no longer able to do so, and are nationalised on an interim basis. Since the last appointment in June 2023, there are now six such operators of seven rail services in England ...
All county constituencies had the same mix of franchises. Some of the older boroughs were still affected by the different franchises that had applied to them before 1832 (see the Unreformed House of Commons for details of the position before the Reform Act 1832). The Reform Acts had preserved some of the unreformed borough franchises, as well ...