117-853: Richard John Grenville Spring, Baron Risby (born 24 September 1946) is a former Conservative Party politician in the United Kingdom. He served as Member of Parliament (MP) for Bury St Edmunds from 1992 to 1997, and for West Suffolk from 1997 to 2010. He joined the House of Lords in 2010. Spring was born into the prominent Spring family , in 1946 in Cape Town , South Africa where he attended Rondebosch and Cape Town University . He subsequently studied at Magdalene College, Cambridge . He married Hon. Jane Henniker-Major, daughter of John Henniker-Major, 8th Baron Henniker , in 1979. They divorced, having had two children. Lord Risby has more than 20 years' experience in
234-588: A think tank , publishing a wide range of reports. In particular, "Strategic Insight Teams" focus on producing reports of relevance in the fields of competitiveness, global risks, and scenario thinking . The "Competitiveness Team" produces a range of annual economic reports (first published in brackets): the Global Competitiveness Report (1979) measured competitiveness of countries and economies; The Global Information Technology Report (2001) assessed their competitiveness based on their IT readiness;
351-689: A united Ireland as well as Scottish and Welsh independence , and has been critical of devolution . Historically, the party supported the continuance and maintenance of the British Empire . The party has taken various approaches towards the European Union (EU), with eurosceptic and, to a decreasing extent, pro-European factions within it. Historically, the party took a socially conservative approach. In defence policy, it supports an independent nuclear weapons programme and commitment to NATO membership. For much of modern British political history,
468-562: A Russian delegation for the first time since 1991, which The Wall Street Journal described as signalling the "unraveling of globalization." The former Russia House was used to present Russia's war crimes. The 2023 annual meeting of the World Economic Forum took place in Davos, Switzerland from 16–20 January under the theme "Cooperation in a fragmented world". Headquartered in Cologny,
585-588: A coalition with the Liberal Democrats —the first postwar coalition government . Cameron's premiership was marked by the ongoing effects of the 2007–2008 financial crisis ; these involved a large deficit in government finances that his government sought to reduce through controversial austerity measures . In September 2014, the Unionist side, championed by Labour as well as by the Conservative Party and
702-460: A coalition government. Labour won the October 1974 election with an overall majority of three seats. Loss of power weakened Heath's control over the party and Margaret Thatcher deposed him in the 1975 leadership election . Thatcher led her party to victory at the 1979 general election with a manifesto which concentrated on the party's philosophy. As Prime Minister, Thatcher focused on rejecting
819-464: A leadership challenge in 1995 by Redwood, but Redwood received 89 votes, further undermining Major's influence. The Conservative government was increasingly accused in the media of " sleaze ". Their support reached its lowest ebb in late 1994. Over the next two years the Conservatives gained some credit for the strong economic recovery and fall in unemployment. But an effective opposition campaign by
936-536: A little holographic sticker to add to your badge), or a senior journalist. An orange badge means you're just a run-of-the-mill working journalist." All plenary debates from the annual meeting also are available on YouTube while photographs are available on Flickr . Some 3,000 individual participants joined the 2020 annual meeting in Davos. Countries with the most attendees include the United States (674 participants),
1053-428: A narrow victory at the 1951 general election , despite losing the popular vote, Churchill was back in power. Apart from rationing, which was ended in 1954, most of the welfare state enacted by Labour were accepted by the Conservatives and became part of the "post-war consensus" that was satirised as Butskellism and that lasted until the 1970s. The Conservatives were conciliatory towards unions, but they did privatise
1170-507: A net gain of one seat for the Conservative Party and returned a mostly unscathed Labour Party back to government. This all occurred months after the fuel protests of September 2000 had seen the Conservatives briefly take a narrow lead over Labour in the opinion polls. In 2001, Iain Duncan Smith was elected leader of the party. Although Duncan Smith was a strong Eurosceptic , during his tenure, Europe ceased to be an issue of division in
1287-580: A nonprofit organization based in Geneva and drew European business leaders to Davos for the annual meetings each January. The second European Management Forum in 1972 was the first meeting where a head of government featured as a speaker, Prime Minister Pierre Werner of Luxembourg . Events in 1973, including the collapse of the Bretton Woods fixed-exchange rate mechanism and the Yom Kippur War , saw
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#17330851150341404-576: A platform for resolving international conflicts. In February 1971, Schwab invited 450 executives from Western European firms to the first European Management Symposium held in the Davos Congress Centre under the patronage of the European Commission and European industrial associations, where Schwab sought to introduce European firms to American management practices. He then founded the WEF as
1521-562: A political comeback that won them the 1951 general election . In 1947, the party published its Industrial Charter which marked its acceptance of the " post-war consensus " on the mixed economy and labour rights . David Maxwell Fyfe chaired a committee into Conservative Party organisation that resulted in the Maxwell Fyfe Report (1948–49). The report required the party to do more fundraising, by forbidding constituency associations from demanding large donations from candidates, with
1638-429: A sizable discount. The new owners were more likely to vote Conservative, as Thatcher had hoped. Thatcher led the Conservatives to two further electoral victories in 1983 and 1987 . She was deeply unpopular in certain sections of society due to high unemployment and her response to the miners' strike . Unemployment had doubled between 1979 and 1982, largely due to Thatcher's monetarist battle against inflation. At
1755-467: A stock underperformance by the Davos participants of around −10% versus the S&;P 500 during the same year. Drivers are among others an overrepresentation of financial companies and an underrepresentation of fast-growing health care and information technology businesses at the conference. The Economist had found similar results in an earlier study, showing an underperformance of Davos participants against both
1872-1035: Is also the Deputy Chairman of the Small Business Bureau. In 2016, he was made a Government appointed director the Horserace Betting Levy Board. He is a Patron of the London Magazine and of the Open Road charity, and is a member of the Advisory Board of the Council on Geostrategy . In 2007, he was nominated for a British Computer Society award for accessibility. In 2009, he was awarded the Parliamentary Award for Road Safety in recognition of his community campaigning. Conservative Party (UK) The Conservative and Unionist Party , commonly
1989-737: Is funded by its 1,000 member companies, typically global enterprises with more than five billion dollars in turnover (varying by industry and region). These enterprises rank among the top companies within their industry and/or country and play a leading role in shaping the future of their industry and/or region. Membership is stratified by the level of engagement with forum activities, with the level of membership fees increasing as participation in meetings, projects, and initiatives rises. In 2011, an annual membership cost $ 52,000 for an individual member, $ 263,000 for "Industry Partner" and $ 527,000 for "Strategic Partner". An admission fee costs $ 19,000 per person. In 2014, WEF raised annual fees by 20 percent, bringing
2106-730: Is guided by a board of trustees that is made up of leaders from business, politics, academia and civil society. As of 2024, the board of trustees is composed of: Queen Rania of Jordan , Mukesh D. Ambani , Ajay S. Banga , Marc Benioff , Peter Brabeck-Letmathe , Thomas Buberl , Laurence D. Fink , Chrystia Freeland , Orit Gadiesh , Kristalina Georgieva , Fabiola Gianotti , Al Gore , Andre Hoffmann , Paula Ingabire , Joe Kaeser , Christine Lagarde , Yo-Yo Ma , Patrice Motsepe , Ngozi Okonjo-Iweala , Lubna S. Olayan , David M. Rubenstein , Ulf Mark Schneider , Klaus Schwab , Tharman Shanmugaratnam , Jim Hagemann Snabe , Julie Sweet , Feike Sijbesma , Heizō Takenaka and Zhu Min . Members of
2223-491: Is mostly funded by its 1,000 member multi-national companies . The WEF is mostly known for its annual meeting at the end of January in Davos , a mountain resort in the eastern Alps region of Switzerland . The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists , celebrities and journalists – for up to five days to discuss global issues across 500 sessions. Aside from Davos,
2340-401: Is the foundation board. The managing board is chaired by the WEF's president, Børge Brende , and acts as the executive body of the World Economic Forum. Managing board members are Børge Brende, Julien Gattoni, Jeremy Jurgens, Adrian Monck , Sarita Nayyar, Olivier M. Schwab, Saadia Zahidi , and Alois Zwinggi. The WEF is chaired by founder and executive chairman Professor Klaus Schwab and
2457-534: The Quarterly Review in 1830. The name immediately caught on and was formally adopted under the aegis of Robert Peel around 1834. Peel is acknowledged as the founder of the Conservative Party, which he created with the announcement of the Tamworth Manifesto . The term "Conservative Party" rather than Tory was the dominant usage by 1845. The widening of the electoral franchise in the 19th century forced
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#17330851150342574-475: The 1992 General Election , representing Bury St Edmunds . Spring served as Parliamentary Private Secretary to Sir Patrick Mayhew as Secretary of State for Northern Ireland (1994–95). Spring resigned from this position in 1995, after News of the World published a story detailing a sex encounter he had allegedly been involved in. The publication of the story was attacked as an example of paid entrapment , and on
2691-432: The 2005 general election , the Conservative Party increased their total vote share and—more significantly—their number of parliamentary seats, reducing Labour's majority. The day following the election, Howard resigned. David Cameron won the 2005 leadership election . He then announced his intention to reform and realign the Conservatives. For most of 2006 and the first half of 2007, polls showed leads over Labour for
2808-473: The Coalition for Epidemic Preparedness Innovations (CEPI), a global initiative to fight epidemics, was launched at WEF in Davos. The internationally funded initiative aims at securing vaccine supplies for global emergencies and pandemics, and to research new vaccines for tropical diseases, that are now more menacing. The project is funded by private and governmental donors, with an initial investment of US$ 460m from
2925-571: The Community Charge (known by its opponents as the poll tax ) in 1989 is often cited as contributing to her political downfall. Internal party tensions led to a leadership challenge by the Conservative MP Michael Heseltine and she resigned on 28 November 1990. John Major won the party leadership election on 27 November 1990, and his appointment led to an almost immediate boost in Conservative Party fortunes. The election
3042-640: The Conservative Party and colloquially known as the Tories , is one of the two main political parties in the United Kingdom , along with the Labour Party . Following defeat by Labour in the 2024 general election , it is currently the second largest political party by the number of votes cast and number of seats in the House of Commons , followed by the Liberal Democrats . As the second largest party, it has
3159-470: The Global Enabling Trade Report (2008) presented a cross-country analysis of the large number of measures facilitating trade among nations. The "Risk Response Network" produces a yearly report assessing risks which are deemed to be within the scope of these teams, have cross-industry relevance, are uncertain, have the potential to cause upwards of US$ 10 billion in economic damage, have
3276-706: The Global Gender Gap Report examined critical areas of inequality between men and women; the Global Risks Report (2006) assessed key global risks; the Global Travel and Tourism Report (2007) measured travel and tourism competitiveness; the Financial Development Report (2008) aimed to provide a comprehensive means for countries to establish benchmarks for various aspects of their financial systems and establish priorities for improvement; and
3393-853: The House of Commons on 3 September 2019. Later that same day, 21 Conservative MPs had the Conservative whip withdrawn after voting with the Opposition to grant the House of Commons control over its order paper. Johnson would later halt the Withdrawal Agreement Bill , calling for a general election. The 2019 general election resulted in the Conservatives winning a majority, the Party's largest since 1987 . The party won several constituencies, particularly in formerly traditional Labour seats . On 20 December 2019, MPs passed an agreement for withdrawing from
3510-583: The Liberals were mostly against the war until the invasion of Belgium, Conservative leaders were strongly in favour of aiding France and stopping Germany. The Liberal party was in full control of the government until its mismanagement of the war effort under the Shell Crisis badly hurt its reputation. An all-party coalition government was formed in May 1915. In late 1916 Liberal David Lloyd George became prime minister but
3627-506: The News of the World' s proprietor, Rupert Murdoch , privately criticised the story as "over the top". Spring's resignation was seen as a blow to John Major's Back to Basics campaign. Spring subsequently served as PPS to Tim Eggar as Minister for Trade and Industry (1995–96) and to Nicholas Soames and James Arbuthnot as Ministers of State at the Ministry of Defence (1996–97). In 1997, Spring
Richard Spring, Baron Risby - Misplaced Pages Continue
3744-588: The United Kingdom (270), Switzerland (159), Germany (137) and India (133). Among the attendees were heads of state or government, cabinet ministers, ambassadors, and heads or senior officials of international organizations, including: Sanna Marin ( prime minister of Finland ), Ursula von der Leyen ( president of the European Commission ), Christine Lagarde ( ECB president ), Greta Thunberg ( climate activist ), Ren Zhengfei ( Huawei Technologies founder ), Kristalina Georgieva ( managing director of
3861-734: The World Economic Forum in Davos. Since May 2022 he has been on the Russian Government black list. In November 2023, Risby initiated a parliamentary debate to persuade the UK Government to declare the Ukrainian Holodomor as genocide. Risby has been a director of several businesses and organisations, including Hawkley Oil and Gas Ltd and Minexco Petroleum Inc, and was the president of the Association for Decentralised Energy . He
3978-454: The cost of living crisis , including price caps on energy bills and government help to pay them. Truss's mini-budget on 23 September faced severe criticism and markets reacted poorly; the pound fell to a record low of 1.03 against the dollar, and UK government gilt yields rose to 4.3 per cent, prompting the Bank of England to trigger an emergency bond-buying programme. After condemnation from
4095-845: The globalization , capital markets, wealth management, international conflicts, environmental problems and their possible solutions). The participants also take part in role playing events, such as the Investment Heat Map. Informal winter meetings may have led to as many ideas and solutions as the official sessions. At the 2018 annual meeting, more than 3,000 participants from nearly 110 countries participated in over 400 sessions. Participation included more than 340 public figures, including more than 70 heads of state and government and 45 heads of international organizations; 230 media representatives and almost 40 cultural leaders were represented. As many as 500 journalists from online, print, radio, and television take part, with access to all sessions in
4212-413: The 1780s. They were known as "Independent Whigs", " Friends of Mr Pitt ", or "Pittites" and never used terms such as "Tory" or "Conservative". From about 1812, the name "Tory" was commonly used for a new party that, according to historian Robert Blake, "are the ancestors of Conservatism". Blake adds that Pitt's successors after 1812 "were not in any sense standard-bearers of 'true Toryism'". The term Tory
4329-428: The 1950s and early 1960s. The Suez Crisis of 1956 was a humiliating defeat for Prime Minister Eden, but his successor, Macmillan, minimised the damage and focused attention on domestic issues and prosperity. Following controversy over the selections of Harold Macmillan and Alec Douglas-Home via a process of consultation known as the 'Magic Circle', a formal election process was created and the first leadership election
4446-529: The 1994 annual meeting, Israeli Foreign Minister Shimon Peres and PLO chairman Yasser Arafat reached a draft agreement on Gaza and Jericho . After 9/11, the WEF was held in the U.S., in New York City, for the first time. And in January 2003, U.S. Secretary of State Powell went to the forum to drum up sympathy for the global war on terrorism and the U.S.'s impending invasion of Iraq. In October 2004,
4563-562: The 20th century made it one of the most successful political parties in the Western world . The most recent period of Conservative government was marked by extraordinary political turmoil. Some writers trace the party's origins to the Tory Party , which it soon replaced. Other historians point to a faction, rooted in the 18th century Whig Party , that coalesced around William Pitt the Younger in
4680-468: The Conservative Party , including allegations against its policies, fringes, and structure, was often in the public eye. These include allegations against senior politicians such as Boris Johnson , Michael Gove , Theresa May , and Zac Goldsmith . During the period of the Cameron and Johnson governments, a number of Conservative MPs have been accused or convicted of sexual misconduct, with cases including
4797-580: The Conservative Party to popularise its approach under Edward Smith-Stanley, 14th Earl of Derby and Benjamin Disraeli , who carried through their own expansion of the franchise with the Reform Act of 1867 . The party was initially opposed to further expansion of the electorate but eventually allowed passage of Gladstone's 1884 Reform Act . In 1886, the party formed an alliance with Spencer Cavendish and Joseph Chamberlain 's new Liberal Unionist Party and, under
Richard Spring, Baron Risby - Misplaced Pages Continue
4914-540: The Conservative whip at Westminster, essentially forming the Irish wing of the party until 1922. In Britain, the Conservative party was known as the Unionist Party because of its opposition to home rule. Under Bonar Law 's leadership in 1911–1914, the Party morale improved, the "radical right" wing was contained, and the party machinery strengthened. It made some progress toward developing constructive social policies. While
5031-569: The Conservatives amidst the crisis. World Economic Forum The World Economic Forum ( WEF ) is an international advocacy non-governmental organization and think tank , based in Cologny , Canton of Geneva , Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab . The foundation's stated mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The foundation
5148-787: The Conservatives. Polls became more volatile in summer 2007 with the accession of Gordon Brown as Prime Minister. The Conservatives gained control of the London mayoralty for the first time in 2008 after Boris Johnson defeated the Labour incumbent, Ken Livingstone . In May 2010 the Conservative Party came to government, first under a coalition with the Liberal Democrats and later as a series of majority and minority governments. During this period there were five Conservative Prime Ministers: David Cameron, Theresa May, Boris Johnson, Liz Truss, and Rishi Sunak. The initial period of this time, primarily under
5265-539: The ERM, a day thereafter referred to as Black Wednesday . Soon after, approximately one million householders faced repossession of their homes during a recession that saw a sharp rise in unemployment, taking it close to 3 million people. The party subsequently lost much of its reputation for good financial stewardship. The end of the recession was declared in April 1993. From 1994 to 1997, Major privatised British Rail . The party
5382-474: The EU referendum vote, and through the premierships of May, Boris Johnson, and their successors, the party shifted right on the political spectrum. In July 2019 Boris Johnson became Leader of the party. He became Prime Minister the next day. Johnson had made withdrawal from the EU by 31 October "with no ifs, buts or maybes" a key pledge during his campaign for party leadership . Johnson lost his working majority in
5499-541: The EU. On 24 June 2016, Cameron announced his intention to resign as Prime Minister, after he failed to convince the British public to stay in the European Union . On 11 July 2016, Theresa May became the leader of the Conservative Party. May promised social reform and a more centrist political outlook for the Conservative Party and its government. May's early cabinet appointments were interpreted as an effort to reunite
5616-821: The EU; the United Kingdom formally left on 31 January 2020. Johnson presided over the UK's response to the COVID-19 pandemic . From late 2021 onwards, Johnson received huge public backlash for the Partygate scandal, in which staff and senior members of government were pictured holding gatherings during lockdown contrary to Government guidance. The Metropolitan Police eventually fined Johnson for breaking lockdown rules in April 2022. In July 2022, Johnson admitted to appointing Chris Pincher as deputy chief whip while being aware of allegations of sexual assault against him. This, along with Partygate and increasing criticisms on Johnson's handling of
5733-575: The IMF ), Deepika Padukone ( Bollywood actress ), George Soros ( investor ), and Donald Trump ( president of the United States ). An analysis by The Economist from 2014 found that the vast majority of participants are male and more than 50 years old. Careers in business account for most of the participants' backgrounds (1,595 conference attendees), with the remaining seats shared between government (364), NGOs (246) and press (234). Academia, which had been
5850-471: The Irish question, socialism, electoral reform, and the issue of intervention in the economy. The fresh emphasis on anti-Socialism was its response to the growing strength of the Labour Party. When electoral reform was an issue, it worked to protect their base in rural England. It aggressively sought female voters in the 1920s, often relying on patriotic themes. In 1922, Bonar Law and Stanley Baldwin led
5967-427: The Labour Party culminated in a landslide defeat for the Conservatives in 1997 , their worst defeat since the 1906 general election . The 1997 election left the Conservative Party as an England-only party, with all Scottish and Welsh seats having been lost, and not a single new seat having been gained anywhere. Major resigned as party leader and was succeeded by William Hague . The 2001 general election resulted in
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#17330851150346084-476: The Liberal Democrats, won in the Scottish Independence referendum by 55% No to 45% Yes on the question "Should Scotland be an independent country". At the 2015 general election , the Conservatives formed a majority government under Cameron. After speculation of a referendum on the UK's EU membership throughout his premiership, a vote was announced for June 2016 in which Cameron campaigned to remain in
6201-590: The Liberal Party and the Labour Party ( National Labour and National Liberals ). In May 1940 a more balanced coalition was formed —the National Government —which, under the leadership of Winston Churchill , saw the United Kingdom through the Second World War. However, the party lost the 1945 general election in a landslide to the resurgent Labour Party. The concept of the "property-owning democracy"
6318-469: The Liberals soon split and the Conservatives dominated the government, especially after their landslide in the 1918 election . The Liberal party never recovered, but Labour gained strength after 1920. Nigel Keohane finds that the Conservatives were bitterly divided before 1914 but the war pulled the party together, allowing it to emphasise patriotism as it found new leadership and worked out its positions on
6435-751: The MSCI World Index and the S&P 500 between 2009 and 2014. In 2007, the foundation established the Annual Meeting of the New Champions (also called Summer Davos), held annually in China, alternating between Dalian and Tianjin , bringing together 1,500 participants from what the foundation calls Global Growth Companies, primarily from rapidly growing emerging countries such as China, Russia, Mexico , and Brazil , but also including quickly growing companies from developed countries . The meeting also engages with
6552-404: The Middle East. The mix of hosting countries varies from year to year, but consistently China and India have hosted throughout the decade since 2000. The group of Young Global Leaders consists of 800 people chosen by the WEF organizers as being representative of contemporary leadership. After five years of participation they are considered alumni. The program has received controversy when Schwab,
6669-507: The Unionists worked hard at grassroots organizing. Two general elections were held in 1910, in January and in December . The two main parties were now almost dead equal in seats, but the Liberals kept control with a coalition with the Irish Parliamentary Party . In 1912, the Liberal Unionists merged with the Conservative Party. In Ireland, the Irish Unionist Alliance had been formed in 1891 which merged Unionists who were opposed to Irish Home Rule into one political movement. Its MPs took
6786-512: The United Kingdom exhibited a wide urban–rural political divide ; the Conservative Party's voting and financial support base has historically consisted primarily of homeowners , business owners , farmers , real estate developers and middle class voters, especially in rural and suburban areas of England . Since the EU referendum in 2016, the Conservatives targeted working class voters from traditional Labour strongholds. The Conservatives' domination of British politics throughout
6903-427: The WEF also has offices in New York, Beijing and Tokyo. In January 2015, it was designated an NGO with "other international body" status by the Swiss Federal Government under the Swiss Host-State Act. On 10 October 2016, the WEF announced the opening of its new Center for the Fourth Industrial Revolution in San Francisco. According to the WEF, the center will "serve as a platform for interaction, insight and impact on
7020-402: The WEF since 1998. The invitation was accepted. However, WEF revoked the invitation on 13 January 2016, after the 6 January 2016 North Korean nuclear test , and the country's attendance was made subject to "existing and possible forthcoming sanctions". Despite protests by North Korea calling the decision by the WEF managing board a "sudden and irresponsible" move, the WEF committee maintained
7137-474: The World Economic Forum gained attention through the resignation of its CEO and executive director José María Figueres over the undeclared receipt of more than US$ 900,000 in consultancy fees from the French telecommunications firm Alcatel . Transparency International highlighted this incident in their Global Corruption Report two years later in 2006. In January 2006, the WEF published an article in its Global Agenda magazine titled "Boycott Israel", which
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#17330851150347254-406: The annual meeting expand its focus from management to economic and social issues, and, for the first time, political leaders were invited to the annual meeting in January 1974. Through the forum's first decade, it maintained a playful atmosphere, with many members skiing and participating in evening events. Appraising the 1981 event, one attendee noted that "the forum offers a delightful vacation on
7371-423: The basis of the first annual conference in 1971, had been marginalised to the smallest participant group (183 attendees). Next to individual participants, the World Economic Forum maintains a dense network of corporate partners that can apply for different partnership ranks within the forum. For 2019, Bloomberg has identified a total of 436 listed corporates that participated in the annual meeting while measuring
7488-860: The board of trustees (past or present) include: Al Gore , Herman Gref , André Hoffmann , Carlos Ghosn , Christine Lagarde , Chrystia Freeland , David Rubenstein , Ernesto Zedillo , Fabiola Gianotti , Feike Sijbesma , Heizō Takenaka , Indra Nooyi , Jack Ma , Jim Hagemann Snabe , José Ángel Gurría , Josef Ackermann , Klaus Schwab , Kofi Annan , Laurence Fink , Leo Rafael Reif , Luis Alberto Moreno , Marc Benioff , Mark Carney , Maurice Lévy , Michael Dell , Mukesh Ambani , Muriel Pénicaud , Niall FitzGerald , Orit Gadiesh , Peter Brabeck-Letmathe , Peter Maurer , Queen Rania of Jordan , Rajat Gupta , Susan Hockfield , Tharman Shanmugaratnam , Tony Blair , Mark Schneider , Ursula von der Leyen , Yo-Yo Ma , Zhu Min , Ivan Pictet, Joseph P. Schoendorf Peter D. Sutherland and Victor L. L. Chu.. The foundation
7605-437: The breakup of the coalition, and the Conservatives governed until 1923, when a minority Labour government led by Ramsay MacDonald came to power. The Conservatives regained power in 1924 but were defeated in 1929 as a minority Labour government took office. In 1931, following the collapse of the Labour minority government, it entered another coalition, which was dominated by the Conservatives with some support from factions of both
7722-400: The consumption of pornography in parliament, rape, groping, and sexual harassment. In 2017, a list of 36 sitting Conservative MPs accused of inappropriate sexual behaviour was leaked. The list is believed to have been compiled by party staff. Following accusations of multiple cases of rape against an unnamed Tory MP in 2023 and allegations of a cover-up, Baroness Warsi , who has served as
7839-521: The cost for "Strategic Partner" from CHF 500,000 ($ 523,000) to CHF 600,000 ($ 628,000). The flagship event of the World Economic Forum is the invitation-only annual meeting held at the end of January in Davos, Switzerland, bringing together chief executive officers from its 1,000 member companies, as well as selected politicians, representatives from academia , NGOs , religious leaders, and the media in an alpine environment. The winter discussions ostensibly focus around key issues of global concern (such as
7956-408: The cost-of-living crisis, provoked a government crisis following a loss in confidence and nearly 60 resignations from government officials, eventually leading to Johnson announcing his resignation on 7 July. Boris Johnson's successor as leader was confirmed as Liz Truss on 5 September, following a leadership election . In a strategy labelled Trussonomics she introduced policies in response to
8073-473: The exclusion because "under these circumstances there would be no opportunity for international dialogue". In 2017, the WEF in Davos attracted considerable attention when, for the first time, a head of state from the People's Republic of China was present at the alpine resort. With the backdrop of Brexit , an incoming protectionist US administration and significant pressures on free trade zones and trade agreements , Paramount leader Xi Jinping defended
8190-420: The expense account." Political leaders soon began to use the annual meeting as venue for promoting their interests. The Davos Declaration was signed in 1988 by Greece and Turkey , helping them turn back from the brink of war. In 1992, South African President F. W. de Klerk met with Nelson Mandela and Chief Mangosuthu Buthelezi at the annual meeting, their first joint appearance outside South Africa. At
8307-408: The financial sector. Following his graduation from Cambridge University, Spring started his career in the City . He joined Merrill Lynch in 1971 and was appointed as vice-president in 1976, a position which he held until 1986. He has furthermore worked with E F Hutton, Lehman Brothers and Furman Selz. Spring contested Ashton-under-Lyne at the 1983 general election . He was first elected as an MP at
8424-461: The first half of 2022 instead with a final location and date to be determined later in 2021. In late December 2021, the World Economic Forum said in a release that pandemic conditions had made it extremely difficult to stage a global in-person meeting the following month; transmissibility of the SARS-CoV-2 Omicron variant and its impact on travel and mobility had made deferral necessary, with
8541-406: The floor and formally joined the Liberal Party (he rejoined the Conservatives in 1925). In December, Balfour lost control of his party, as the defections multiplied. He was replaced by Liberal Prime Minister Henry Campbell-Bannerman who called an election in January 1906 , which produced a massive Liberal victory. Liberal Prime Minister H. H. Asquith enacted a great deal of reform legislation, but
8658-583: The formal parliamentary role of the Official Opposition . The party sits on the right-wing to centre-right of the political spectrum. It encompasses various ideological factions including one-nation conservatives , Thatcherites , and traditionalist conservatives . There have been twenty Conservative prime ministers . The party traditionally holds the annual Conservative Party Conference during party conference season , at which senior Conservative figures promote party policy. The Conservative Party
8775-493: The foundation's regional meetings and the annual meetings where they may meet chief executives and senior government officials. At the annual meeting 2003, for example, Jeroo Billimoria met with Roberto Blois, deputy secretary-general of the International Telecommunication Union , an encounter that produced a key partnership for her organization Child helpline international . The foundation also acts as
8892-613: The founder, admitted to "penetrat[ing]" governments with Young Global Leaders. He added that as of 2017 "more than half" of Justin Trudeau's Cabinet had been members of the program. Since 2000, the WEF has been promoting models developed by those in close collaboration with the Schwab Foundation for Social Entrepreneurship , highlighting social entrepreneurship as a key element to advance societies and address social problems. Selected social entrepreneurs are invited to participate in
9009-441: The global economic scheme, and portrayed China as a responsible nation and a leader for environmental causes. He sharply rebuked the current populist movements that would introduce tariffs and hinder global commerce, warning that such protectionism could foster isolation and reduced economic opportunity. In 2018, Indian Prime Minister Narendra Modi gave the keynote speech, becoming the first head of government from India to deliver
9126-510: The governments of Germany, Japan and Norway, plus the Bill & Melinda Gates Foundation and the Wellcome Trust. Between 21 and 24 January 2020, at the early stages of the COVID-19 outbreak , CEPI met with leaders from Moderna to establish plans for a COVID-19 vaccine at the Davos gathering, with a total global case number of 274 and total loss of life the virus at 16. The WHO declared
9243-460: The grounds that it served no public interest. News of the World columnist Woodrow Wyatt , writing in The Times , stated that "[t]hat anyone is entitled to privacy in their homes, in their cups or in their beds is a wholly alien concept to the News of the World . The News of the World has as good as asked for a privacy law. The Government and Opposition should no longer hesitate to produce it". Even
9360-499: The inaugural keynote for the annual plenary at Davos. Modi highlighted global warming (climate change), terrorism and protectionism as the three major global challenges, and expressed confidence that they can be tackled with collective effort. In 2019, Brazilian President Jair Bolsonaro gave the keynote address at the plenary session of the conference. On his first international trip to Davos, he emphasized liberal economic policies despite his populist agenda, and attempted to reassure
9477-450: The intention of broadening the diversity of MPs. In practice, it may have had the effect of lending more power to constituency parties and making candidates more uniform. Winston Churchill , the party leader, brought in a Party chairman to modernise the party: Frederick Marquis, 1st Earl of Woolton rebuilt the local organisations with an emphasis on membership, money, and a unified national propaganda appeal on critical issues. With
9594-404: The last century. David Cameron sought to modernise the Conservatives after his election as leader in 2005, and the party governed from 2010 to 2024 under five prime ministers, latterly Rishi Sunak . The party has generally adopted liberal economic policies favouring free markets since the 1980s, although historically it advocated for protectionism . The party is British unionist , opposing
9711-471: The late 1940s but was too great a challenge to the post-war consensus to win Conservative endorsement. Thatcher favoured the idea because it would lead to a "property-owning democracy", an important idea that had emerged in the 1920s. Some local Conservative-run councils enacted profitable local sales schemes during the late 1960s. By the 1970s, many working-class people could afford to buy homes, and eagerly adopted Thatcher's invitation to purchase their homes at
9828-456: The meeting in Davos eventually rescheduled for 22 to 26 May 2022. Topics in the 2022 annual meeting included the Russian invasion of Ukraine , climate change, energy insecurity and inflation . Ukraine's president Volodymyr Zelenskyy gave a special address at the meeting, thanking the global community for its efforts but also calling for more support. The 2022 Forum was marked by the absence of
9945-708: The mild liberalism of the post-war consensus that tolerated or encouraged nationalisation, strong labour unions, heavy regulation, and high taxes. She did not challenge the National Health Service , and supported the Cold War policies of the consensus, but otherwise tried to dismantle and delegitimise it. She built a right-wing political ideology that became known as Thatcherism , based on social and economic ideas from British and American intellectuals such as Friedrich Hayek and Milton Friedman . Thatcher believed that too much socially democratic-oriented government policy
10062-516: The next generation of global leaders from fast-growing regions and competitive cities, as well as technology pioneers from around the globe. The Premier of China has delivered a plenary address at each annual meeting. Every year regional meetings take place, enabling close contact among corporate business leaders, local government leaders, and NGOs. Meetings are held in Africa, East Asia, Latin America, and
10179-416: The official program, some of which are also webcast . Not all the journalists are given access to all areas, however. This is reserved for white badge holders. "Davos runs an almost caste-like system of badges", according to BBC journalist Anthony Reuben. "A white badge means you're one of the delegates – you might be the chief executive of a company or the leader of a country (although that would also get you
10296-486: The organization convenes regional conferences. It produces a series of reports, engages its members in sector-specific initiatives and provides a platform for leaders from selected stakeholder groups to collaborate on projects and initiatives. The World Economic Forum and its annual meeting in Davos have received criticism over the years, including allegations of the organization's corporate capture of global and democratic institutions, institutional whitewashing initiatives,
10413-474: The party as it united behind calls for a referendum on the proposed European Union Constitution . However, before he could lead the party into a general election, Duncan Smith lost the vote on a motion of no confidence by MPs. This was despite the Conservative support equalling that of Labour in the months leading up to his departure from the leadership. Michael Howard then stood for the leadership unopposed on 6 November 2003. Under Howard's leadership in
10530-586: The party in the wake of the UK's vote to leave the European Union . She began the process of withdrawing the UK from the European Union in March 2017. In April 2017, the Cabinet agreed to hold a general election on 8 June. In a shock result, the election resulted in a hung parliament , with the Conservative Party needing a confidence and supply arrangement with the DUP to support a minority government. May's Premiership
10647-427: The party's co-chairman under David Cameron, stated that the Conservative Party has had a problem handling complaints of sexual misconducts against members appropriately. The 2010 election resulted in a hung parliament with the Conservatives having the most seats but short of an overall majority. Following the resignation of Gordon Brown , Cameron was named Prime Minister, and the Conservatives entered government in
10764-644: The party. Heath had come to power in June 1970 and the last possible date for the next general election was not until mid-1975. However a general election was held in February 1974 in a bid to win public support during a national emergency caused by the miners' strike. Heath's attempt to win a second term at this "snap" election failed, as a deadlock result left no party with an overall majority . Heath resigned within days, after failing to gain Liberal Party support to form
10881-667: The potential to cause major human suffering, and which require a multi-stakeholder approach for mitigation. In 2020, the forum published a report entitled Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy . In this report the forum estimated that approximately half of global GDP is highly or moderately dependent on nature (the same as IPBES 's 2019 assessment report ). The report also found that 1 dollar spent on nature restoration yields 9 dollars in economic benefits. On 19 January 2017
10998-454: The premiership of David Cameron, was marked by the ongoing effects of the 2007–2008 financial crisis and the implementation of austerity measures in response. From 2015 the predominant political event was the Brexit referendum and the process to implement the decision to leave the trade bloc. The Conservatives' time in office was marked by several controversies. The presence of Islamophobia in
11115-587: The public cost of security, the organization's tax-exempt status, unclear decision processes and membership criteria, a lack of financial transparency, and the environmental footprint of its annual meetings. The WEF was founded in 1971 by Klaus Schwab , a business professor at the University of Geneva . First named the European Management Forum , it changed its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing
11232-444: The public, the Labour Party and her own party, Truss reversed some aspects of the mini-budget, including the abolition of the top rate of income tax. Following a government crisis Truss announced her resignation as prime minister on 20 October after 44 days in office, the shortest premiership in British history. Truss also oversaw the worst polling the Conservatives had ever received, with Labour polling as high as 36 per cent above
11349-454: The recovering British economy, saw the Conservatives returning quickly to the top of the opinion polls and winning the 1983 general election with a landslide majority, due to a split opposition vote. By the time of the general election in June 1987, the economy was stronger, with lower inflation and falling unemployment and Thatcher secured her third successive electoral victory. The introduction of
11466-409: The right wing of the Conservative Party itself for its tolerance of socialist policies and reluctance to curb the legal powers of labour unions. The Conservatives were re-elected in 1955 and 1959 with larger majorities. Conservative Prime Ministers Churchill, Anthony Eden , Harold Macmillan and Alec Douglas-Home promoted relatively liberal trade regulations and less state involvement throughout
11583-567: The scientific and technological changes that are changing the way we live, work and relate to one another". The World Economic Forum declares that it is impartial and that it is not tied to any political, partisan , or national interests. Until 2012, it had observer status with the United Nations Economic and Social Council ; it is under the supervision of the Swiss Federal Council . The foundation's highest governance body
11700-522: The statesmen Robert Gascoyne-Cecil and Arthur Balfour , held power for all but three of the following twenty years before suffering a heavy defeat in 1906 when it split over the issue of free trade . Young Winston Churchill denounced Chamberlain's attack on free trade, and helped organise the opposition inside the Unionist/Conservative Party. Nevertheless, Balfour, as party leader, introduced protectionist legislation. Churchill crossed
11817-443: The steel and road haulage industries in 1953. During the Conservatives' thirteen-year tenure in office, pensions went up by 49% in real terms, sickness and unemployment benefits by 76% in real terms, and supplementary benefits by 46% in real terms. However, family allowances fell by 15% in real terms. "Thirteen Wasted Years" was a popular slogan attacking the Conservative record, primarily from Labour. In addition, there were attacks by
11934-543: The time of the 1979 general election , inflation had been at 9% or under for the previous year, then increased to over 20% in the first two years of the Thatcher ministry, but it had fallen again to 5.8% by the start of 1983. The period of unpopularity of the Conservatives in the early 1980s coincided with a crisis in the Labour Party, which then formed the main opposition. Victory in the Falklands War in June 1982, along with
12051-580: The top-ranking global risks expressed by WEF attendees. On June 13, 2019, the WEF and the United Nations signed a "Strategic Partnership Framework" in order to "jointly accelerate the implementation of the 2030 Agenda for Sustainable Development ." The 2021 World Economic Forum was due to be held from 17 to 20 August in Singapore . However, on 17 May the Forum was cancelled; with a new meeting to take place in
12168-476: The world that Brazil is a protector of the rain forest while utilizing its resources for food production and export. He stated that "his government will seek to better integrate Brazil into the world by mainstreaming international best practices, such as those adopted and promoted by the OECD ". Environmental concerns like extreme weather events, and the failure of climate change mitigation and adaptation were among
12285-552: Was a vice-chairman of the Conservative Party and vice-chairman of Conservative Business Relations as well. In 2005 he was appointed co-chairman of Conservative City Circle and in 2007 he founded Conservative City Future, of which he is Patron with Sir John Major . He was also Director of the British Syrian Society between 2003 and 2011, and featured on a 2012 Dispatches program on the Assad regime. On 24 December 2010, Spring
12402-546: Was an insult that entered English politics during the Exclusion Bill crisis of 1678–1681, which derived from the Middle Irish word tóraidhe (modern Irish : tóraí ) meaning outlaw or robber , which in turn derived from the Irish word tóir , meaning pursuit , since outlaws were "pursued men". The term " Conservative " was suggested as a title for the party in an article by J. Wilson Croker published in
12519-417: Was coined by Noel Skelton in 1923 and became a core principle of the party. While serving in Opposition during the late 1940s, the Conservative Party exploited and incited growing public anger at food rationing , scarcity, controls, austerity , and government bureaucracy. It used the dissatisfaction with the socialist and egalitarian policies of the Labour Party to rally middle-class supporters and build
12636-530: Was created a life peer as Baron Risby of Haverhill in the County of Suffolk. Lord Risby sits as a Conservative in the House of Lords. From 2011 to 2015, Risby was the vice-chairman of the All-Party Parliamentary Group for East Asian Business. In November 2012, Lord Risby was announced as one of nine prime ministerial trade envoys, with responsibility for Algeria and, in 2019, Lebanon. Lord Risby
12753-404: Was distributed to all 2,340 participants of the annual meeting. Following the publication, Klaus Schwab described the publication as "an unacceptable failure in the editorial process". In late 2015, the invitation was extended to include a North Korean delegation for the 2016 WEF, "in view of positive signs coming out of the country", the WEF organizers noted. North Korea has not been attending
12870-513: Was dominated by Brexit as she carried out negotiations with the European Union, adhering to the Chequers Plan , which resulted in her draft Brexit withdrawal agreement . May survived two votes of no confidence in December 2018 and January 2019, but after versions of her draft withdrawal agreement were rejected by Parliament three times , May announced her resignation on 24 May 2019. Subsequent to
12987-575: Was elected as MP for West Suffolk . Between 1997 and 2000 he was Opposition spokesman for Culture, Media and Sport. He was Opposition Spokesman for Foreign Affairs between 2000 and 2004 and Shadow Minister for the Treasury between 2004 and 2005. On 23 November 2009, Spring announced that he would stand down at the 2010 general election . He served as a Governor of the Westminster Foundation for Democracy from 2000 to 2009. Between 2005 and 2010 he
13104-486: Was founded in 1834 from the Tory Party and was one of two dominant political parties in the 19th century, along with the Liberal Party . Under Benjamin Disraeli , it played a preeminent role in politics at the height of the British Empire . In 1912, the Liberal Unionist Party merged with the party to form the Conservative and Unionist Party. Rivalry with the Labour Party has shaped modern British politics for
13221-517: Was held in 1965, won by Edward Heath. Edward Heath 's 1970–74 government was known for taking the UK into the EEC , although the right-wing of the party objected to his failure to control the trade unions at a time when a declining British industry saw many strikes, as well as the 1973–75 recession . Since accession to the EEC, which developed into the EU, British membership has been a source of heated debate within
13338-528: Was held on 9 April 1992 and the Conservatives won a fourth successive electoral victory, contrary to predictions from opinion polls. The Conservatives became the first party to attract 14 million votes in a general election. On 16 September 1992, the Government suspended Britain's membership of the European Exchange Rate Mechanism (ERM), after the pound fell lower than its minimum level in
13455-475: Was leading to a long-term decline in the British economy. As a result, her government pursued a programme of economic liberalism , adopting a free-market approach to public services based on the sale of publicly owned industries and utilities, as well as a reduction in trade union power. One of Thatcher's largest and most successful policies assisted council house tenants in public housing to purchase their homes at favourable rates. The "Right to Buy" had emerged in
13572-818: Was on the EU External Affairs Committee in the Lords between 2015 and 2018. In 2020 to 2022 he was a member of the International Agreements Committee. In 1994, he chaired a parliamentary enquiry into the taxation of horseracing. Risby is co-chairman of the All Party Parliamentary Group for Ukraine. In his capacity as the then Chairman of the British Ukrainian Society, he co-chaired the Scenarios for Ukraine programme for
13689-506: Was plagued by internal division and infighting, mainly over the UK's role in the European Union . The party's Eurosceptic wing, represented by MPs such as John Redwood , opposed further EU integration, whilst the party's pro-European wing, represented by those such as Chancellor of the Exchequer Kenneth Clarke , was broadly supportive. The issue of the creation of a single European currency also inflamed tensions. Major survived
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