History
The IPT was founded in 1977 by the CEOs of 10 major British companies who sought to create dialogue between business and Parliament. It became a registered charity in 1983. The IPT has organised more than 600 Fellowship programmes since it was founded in 1977.
When the IPT was set up, just 15% of MPs had any direct business experience. Today that figure is around 46%. Needless to say there is still a substantial proportion of MPs without the necessary understanding of business
In October 2009 the IPT commissioned a research project into the business experience of the Prospective Parliamentary Candidates (PPCs) who stood in the 2010 General Election. The research found that of the PPCs in winnable seats, less than half (48%) had any form of business management or financial services experience.
Read more about this topic: Industry And Parliament Trust
Famous quotes containing the word history:
“Let us not underrate the value of a fact; it will one day flower in a truth. It is astonishing how few facts of importance are added in a century to the natural history of any animal. The natural history of man himself is still being gradually written.”
—Henry David Thoreau (1817–1862)
“It would be naive to think that peace and justice can be achieved easily. No set of rules or study of history will automatically resolve the problems.... However, with faith and perseverance,... complex problems in the past have been resolved in our search for justice and peace. They can be resolved in the future, provided, of course, that we can think of five new ways to measure the height of a tall building by using a barometer.”
—Jimmy Carter (James Earl Carter, Jr.)
“He wrote in prison, not a History of the World, like Raleigh, but an American book which I think will live longer than that. I do not know of such words, uttered under such circumstances, and so copiously withal, in Roman or English or any history.”
—Henry David Thoreau (1817–1862)