By John Oakland

This succinct advisor presents quick access to chose important British institutional phrases that are greatly hired in modern British lifestyles. it truly is cross-referenced with a accomplished index and appendices.

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Broker (finance) An independent financial agent who buys and sells commodities or services, Brownie Guides, the 28 such as insurance and shares, for another person and is paid or receives a commission for such work. Brownie Guides, the (sport and leisure) See Guides Association. Buckingham Palace (royalty and London) The official residence of the sovereign in central London, built in 1703, where the monarch lives for most of the year and from which much state and royal business is conducted. The ceremonial Changing of the Guard is held daily in its courtyard.

Budget, the (government) The proposals and plans itemized every year by the sitting government for public taxes and spending over the next financial year. The Chancellor of the Exchequer presents them to the House of Commons in a traditional speech (Budget Speech) in March or April, and the proposals have to be passed by Parliament in order to become law. Mini-budgets (or economic statements) may also be required during the course of the year. It is possible that budgets may be announced at different times, and in a different format, in future years.

Chambers (law) 1. The room (or collection of rooms) where a barrister works and where he or she may interview clients and solicitors. In London, chambers are mainly situated in the Inns of Court, and outside London are located in special chambers buildings in a town or city. 2. A judge’s room in a court building in which special or confidential cases are heard in private, and in which he or she may also hear minor cases. A registrar will have similar facilities in a local civil court. Chancellor (education) The nominal or formal head of a university (and sometimes of other institutions of higher education), who has no executive role.

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