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General Electric Company

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142-449: The General Electric Company ( GEC ) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. It was originally founded in 1886 as G. Binswanger and Company as an electrical goods wholesaler based in London . It quickly adopted a then-unorthodox business model of supplying electrical components over the counter. In 1889,

284-622: A debt-for-equity swap , the firm's creditors received 99.5% of the new company's shares. In October 2003, the company announced that it intended to pursue listing on the Nasdaq . In 2005, the company failed to secure any part of BT's 21st Century Network (21CN) programme, surprising commentators and sending the company's shares tumbling. Before the announcement, the investment bank Dresdner Kleinwort had said, "[Marconi is] so advanced with its products and so entrenched with BT Group plc that its selection looks certain." Various bids were received for

426-612: A royal manor . The Lord of the Manor was either the English monarch , or a feudal land owner who administered the manor for the king. During the reign of Henry II the Royal Manor of Salford passed to Ranulf de Gernon, 4th Earl of Chester . Salford began to emerge as a small town early in the 13th century. In 1228, Henry III granted the caput of Salford the right to hold a market and an annual fair. The fairs were important to

568-708: A cap on child benefits, contradicting the party whip . Salford was enfranchised as a parliamentary borough by the Great Reform Act of 1832 , returning a single Member of Parliament (MP). It has been subject to numerous constituency changes throughout history. From 1868 it returned two MPs to the House of Commons until the Redistribution of Seats Act 1885 , when the constituency was split into three single-member divisions: Salford North , Salford South and Salford West . Boundaries changed again under

710-493: A further stimulus for Salford's industrial development. The opening of the Bridgewater Canal in 1761 improved the transport of fuel and raw materials, reducing the price of coal by about 50%. The later Manchester, Bolton & Bury Canal (which terminated at Salford) brought more cheap coal from pits at Pendleton, Agecroft Colliery and beyond. By 1818 Manchester, Salford and Eccles had about 80 mills, but it

852-491: A great public park, which belong fully more to Manchester than to itself". Greengate, the original centre of Salford, is located at a fording point on the river opposite Manchester Cathedral . In 1969 Nikolaus Pevsner wrote: That [neighbouring] Stretford and Salford are not administratively one with Manchester is one of the most curious anomalies of England. The Irwell, sourced at Cliviger in Lancashire, flows from

994-590: A hub for employment in its factories and docks. In 1848, Salford Roman Catholic Cathedral opened, reflecting the large Irish-born community in Salford at that time. In the decades following the Second World War, Salford experienced significant population decline, as residents followed employment opportunities to other locations in Greater Manchester, taking advantage of a greater choice in

1136-643: A major player in the electrical industry. In 1921, a new purpose-built company headquarters (Magnet House) was opened in Kingsway, London ; two years later, GEC's industrial research laboratories at Wembley (later named the Hirst Research Centre ) also opened. In the 1920s, the company was heavily involved in the creation and roll-out of Britain's National Grid . During the Second World War , GEC made several significant contributions to

1278-553: A neighbouring constituency of Manchester, city status was granted to the county borough by letters patent dated 21 April 1926. This was in spite of the opposition of civil servants in the Home Office who dismissed the borough as "merely a scratch collection of 240,000 people cut off from Manchester by the river". In 1961, a small part of the Municipal Borough of Eccles was added to the city, and in 1966, Salford

1420-484: A new joint venture, GEC-Alsthom. In May 1989, GEC-Alsthom bought British rail vehicle manufacturer Metro-Cammell . In early 1996, the Otis Elevator Company acquired The Express Lift Company from GEC. By the mid-1990s, GEC was making profits of £1 billion, had cash reserves of £3 billion, and was valued at £10 billion. The move towards electronics and modern technology, particularly in

1562-508: A relatively low percentage of residents working in agriculture. The census recorded the economic activity of residents aged 16–74, 4.4% students were with jobs, 9.1% students without jobs, 6.3% looking after home or family, 11.2% permanently sick or disabled, and 4.8% economically inactive for other reasons. The proportion of students economically active in Salford was higher than the City of Salford and England averages (3.0% and 2.6% respectively);

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1704-664: A result they are not of the quality found elsewhere. Other finds include a neolithic axe-hammer found near Mode Wheel, during the excavation of the Manchester Ship Canal in 1890, and a Bronze Age cremation urn during the construction of a road on the Broughton Hall estate in 1873. The Brigantes were the major Celtic tribe in what is now Northern England . With a stronghold at the sandstone outcrop on which Manchester Cathedral now stands, opposite Salford's original centre, their territory extended across

1846-589: A risky strategy of pursuing fast growth via rapid acquisition of numerous other companies, particularly within the United States. In February 1998, Marconi Instruments , the test equipment arm of GEC, was sold to IFR Systems . In March 1998, GEC announced the merger of its radar and avionics business with Alenia Difesa to form Alenia Marconi Systems . In June 1998, it completed the $ 1.4bn acquisition of major American defence contractor Tracor , which became part of MES. The same month, GEC sold its share of

1988-578: A separate company, GEC Industrial Locomotives Ltd). The company had manufacturing sites at Manchester , Preston and Sheffield . The company continued to expand with the acquisition in 1979 of weighing machine maker W & T Avery , renamed GEC Avery. In April 1981, GEC acquired Cincinnati Electronics (CE), in Cincinnati , Ohio, at the time owned by George J Mealey. CE was a leader in military radios and infrared technology, space electronics, and other high-security products, doing business throughout

2130-457: A series of cut-backs and mergers that returned the company to profit. GEC acquired Associated Electrical Industries (AEI) in 1967, and merged with English Electric one year later. The company continued to expand via acquisitions; between 1979 and 1981, GEC acquired W & T Avery , Cincinnati Electronics , and Picker Corporation . During the 1980s, the company was Britain's largest private employer with over 250,000 employees; becoming one of

2272-574: A small textile-chain making business in Ordsall from James Slater and founded the Hans Renold Company , what is now Renold, a firm which still produces chains. Renold invented the bush roller chain shortly after and began producing it. It is the type of chain most commonly used for transmission of mechanical power on bicycles, motorbikes, to industrial and agricultural machinery to uses as varied as rollercoasters and escalators . During

2414-640: Is Kersal Dale country park, which covers about 32 hectares (0.32 km ). Others include Kersal Moor in Higher Kersal, The Meadow, Peel Park and the adjacent David Lewis Recreation Ground close to the University of Salford , and Albert Park and Clowes Park in Broughton. The territory of Salford is contiguous with other towns on all sides, and as defined by the Office for National Statistics forms

2556-408: Is MediaCityUK , located at Salford Quays. The development houses BBC departments including CBBC , BBC Sport and Radio 5 Live which moved in 2011 and BBC Breakfast , which moved from London in spring 2012. In recent years, various large residential schemes have been built in Salford. A notable development, the £700m Middlewood Locks began construction in 2016. Salford was anciently part of

2698-462: Is also a large global market in second-hand naval vessels, generally purchased by developing countries from Western governments. The cybersecurity industry is expected to be of increasing importance to defense, intelligence, and homeland security agencies. According to research institute SIPRI , the volume of international transfers of major weapons in 2010–14 was 16 percent higher than in 2005–2009. The five biggest exporters in 2010–2014 were

2840-424: Is characterised by an oversupply of older, smaller terraced housing and flatted accommodation that declined in value during the late 20th century. As demand fell, it left many owners in negative equity and often without the means to maintain their homes in reasonable condition. As a result, much of the built environment is poor. Land use in Salford is overwhelmingly urban, with a number of green spaces. The largest

2982-548: Is often referred to as a defense industrial base . Entities involved in arms production for military purposes vary widely, and include private sector commercial firms , state-owned enterprises and public sector organizations, and scientific and academic institutions. Such entities perform a wide variety of functions, including research and development , engineering , production, and servicing of military material, equipment, and facilities. The weapons they produce are often made, maintained, and stored in arsenals. In 2024,

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3124-485: Is presented by 5-year moving averages. Next to SIPRI, there are several other sources that provide data on international transfers of arms. These include national reports by national governments about arms exports, the UN register on conventional arms, and an annual publication by the U.S. Congressional Research Service that includes data on arms exports to developing countries as compiled by U.S. intelligence agencies. Due to

3266-509: Is represented by the Member of Parilament for the Salford constituency , created in 2023. Salford was named in the early middle ages , though evidence exists of settlement since neolithic times. It was the seat of the large Hundred of Salford in the historic county of Lancashire and was granted a market charter in about 1230, which gave it primary cultural and commercial importance in

3408-652: Is situated opposite the 'Old Church' of Manchester". The effect on Salford of the Industrial Revolution has been described as "phenomenal". The area expanded from a small market town into a major industrial metropolis ; factories replaced cottage industries, and the population rose from 12,000 in 1812 to 70,244 within 30 years. By the end of the 19th century it had increased to 220,000. Large-scale building of low quality Victorian terraced housing did not stop overcrowding, which itself led to chronic social deprivation. The density of housing

3550-760: Is substantial. There is relatively little regulation at the international level, and as a result, many weapons fall into the hands of organized crime, rebel forces, terrorists, or regimes under sanctions. The Control Arms Campaign , founded by Amnesty International , Oxfam , and the International Action Network on Small Arms , estimated in 2003 that there are over 639 million small arms in circulation and that over 1,135 companies based in more than 98 countries manufacture small arms as well as their various components and ammunition. Encompassing military aircraft (both land-based and naval aviation ), conventional missiles, and military satellites , this

3692-618: Is the most technologically advanced sector of the market. It is also the least competitive from an economic standpoint, with a handful of companies dominating the entire market. The top clients and major producers are virtually all located in the western world and Russia, with the United States easily in the first place. Prominent aerospace firms include Rolls-Royce , BAE Systems , Saab AB , Dassault Aviation , Sukhoi , Mikoyan , EADS , Leonardo , Thales Group , Lockheed Martin , Northrop Grumman , RTX Corporation , and Boeing . There are also several multinational consortia mostly involved in

3834-612: Is typically exercised through the use of diplomacy , which seeks to persuade governments to accept such limitations through agreements and treaties , although it may also be forced upon non-consenting governments. Salford, Greater Manchester Salford ( / ˈ s ɒ l f ər d / SOL -fərd ) is a city in Greater Manchester , England, situated on the western bank of the River Irwell which forms its boundary with Manchester city centre . Landmarks in

3976-761: The Pax Romana brought peace to the area. Both the main Roman road to the north, from Mamucium to Ribchester , and a second road to the west, ran through what is now Salford, but few Roman artefacts have been found in the area. The withdrawal of the Romans in AD ;410 left the inhabitants at the mercy of the Saxons . The Danes later conquered the area and absorbed what was left of the Brigantes. Angles settled in

4118-520: The 2023 periodic review of Westminster constituencies . At 53°28′59″N 2°17′35″W  /  53.48306°N 2.29306°W  / 53.48306; -2.29306 (53.483°, −2.2931°), and 205 miles (330 km) northwest of central London , Salford stands about 177 feet (54 m) above sea level, on relatively flat ground to the west of a meander of the River Irwell ;– the city's main topographical feature. In 1904, Salford

4260-561: The Cold War when the United States and the USSR supplied weapons to their proxies across the world, particularly third world countries (see Nixon Doctrine ). This category includes everything from light arms to heavy artillery , and the majority of producers are small. Many are located in third-world countries. International trade in handguns , machine guns , tanks , armored personnel carriers , and other relatively inexpensive weapons

4402-695: The Earls of Derby . During the Civil War of 1640–49, Salford supported the Royalist cause, in contrast to Manchester just across the Irwell which declared in favour of the Parliamentarians . Royalist forces mounted a siege of Manchester across what is now the site of Victoria Bridge, which although short-lived, "did little to improve relations between the two towns". A century later, in 1745, Salford

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4544-602: The Express Lift Company in Northampton , England. During the interwar period , GEC expanded to become a global corporation and national institution. The takeover of Fraser and Chalmers in 1918 took GEC into heavy engineering and bolstered their claim to supply 'everything electrical'. In the same year, the maker of electricity meters, Chamberlain and Hookham, was also acquired by GEC. In 1919, GEC merged its radio valve manufacturing interests with those of

4686-518: The G. Binswanger and Company , an electrical goods wholesaler established in London in the 1880s by a German-Jewish immigrant, Gustav Binswanger (later Gustav Byng). Regarded as the year GEC was founded, 1886 saw a fellow immigrant, Hugo Hirst , join Byng, and the company changed its name to The General Electric Apparatus Company (G. Binswanger) . Their small business found early success with its unorthodox method of supplying electrical components over

4828-487: The Great Depression of the 1920s and 1930s, and a significant economic decline in the decades following the Second World War contributed toward a fall in Salford's population. By 1939 local coal mining had almost stopped, and, by 1971, cotton spinning had ceased completely. Between 1921 and 1939, the population of Salford decreased by 29%, from 234,045 to 166,386, far greater than the rate of decline within

4970-622: The Manchester parish of the Salford Hundred , an area much larger than the present-day city of Salford, within the historic county boundaries of Lancashire . A stroke of a Norman baron 's pen is said to have divorced Manchester and Salford, although it was not Salford that became separated from Manchester, but Manchester, with its humbler line of lords , that was separated from Salford. Salford received its town charter from Ranulf de Blondeville, 6th Earl of Chester , then Lord of

5112-654: The Marconi Company to form the Marconi-Osram Valve Company . In the 1920s, the company was heavily involved in the creation of the UK-wide National Grid . The opening of a new purpose-built company headquarters (Magnet House) in Kingsway, London in 1921, and the pioneering industrial research laboratories at Wembley in 1923 (later named the Hirst Research Centre ), were symbolic of the continuing expansion of both GEC and

5254-598: The Marconi Company , Ruston & Hornsby , Robert Stephenson & Hawthorns , the Vulcan Foundry , Willans & Robinson and Dick, Kerr & Co . The Elliot computer company became GEC Computers , whose products were successful in academic computing and real-time process control in the 1970s and 1980s. The Birmingham Witton works remained one of the company's biggest sites, producing high-voltage switchgear and transformers , large generators, small motors, mercury arc rectifiers and traction components, until

5396-760: The National Shooting Sports Foundation members' ability to obtain an export license from taking a month to taking just four days. This was due to the United States Department of Commerce and agencies associated with ITAR expediting weapons shipments to Ukraine. In addition, the time it took to obtain a permit to buy a firearm in Ukraine also decreased from a few months to a few days. Figures are SIPRI Trend Indicator Values (TIVs) expressed in millions. These numbers may not represent real financial flows as prices for

5538-528: The Small Arms Survey estimated that approximately one billion firearms were in global circulation; of those, 857 million (85%) were possessed by civilians, 133 million (13%) were possessed by national militaries, and 23 million (2%) belonged to law enforcement agencies. The Small Arms Survey also found that the number of firearms in circulation had increased significantly between 2006 and 2017, primarily due to increases in civilian possession. During

5680-623: The Stockholm International Peace Research Institute (SIPRI) estimated global military expenditure at $ 2.443 trillion, the highest level ever recorded by SIPRI and the steepest year-on-year increase since 2009. SIPRI further found that the combined revenues of the top 100 largest defense companies totaled $ 597 billion in 2022, with the five largest companies by revenue being Lockheed Martin , RTX , Northrop Grumman , Boeing , and General Dynamics . SIPRI's data also showed that, between 2019 and 2023,

5822-680: The early modern period , England, France, Sweden, and the Netherlands became self-sufficient in arms production, with diffusion and migration of skilled workers to more peripheral countries such as Portugal and Russia. The modern arms industry emerged in the second half of the nineteenth century as a product of the creation and expansion of the first large military–industrial companies. As smaller countries and even newly industrializing countries like Russia and Japan could no longer produce cutting-edge military equipment with their Indigenous capacity-based resources, they increasingly began to contract

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5964-584: The night-time economy folded amid criminal "intimidation", "drug use, fights and demands for money". In early 2005, the Government of Latvia appealed to the European Union to advise people against travelling to Salford after a Latvian man was stabbed in the head in Lower Broughton . However, a crackdown by Greater Manchester Police coupled with investment in, and structural changes to

6106-609: The pipe roll of 1169 as "Sauford" and in the Lancashire Inquisitions of 1226 as "Sainford". The earliest known evidence of human activity in what is now Salford is provided by the Neolithic flint arrow-heads and workings discovered on Kersal Moor and the River Irwell, suggesting that the area was inhabited 7–10,000 years ago. The raw material for such tools was scarce and unsuitable for working, and as

6248-573: The weapons of World War I nearly defeated the allies. In 1885, France decided to capitalize on this increasingly lucrative trade and repealed its ban on weapon exports. The regulatory framework for the period up to the First World War was characterized by a laissez-faire policy that placed little obstruction in the way of weapons exports. Due to the carnage of World War I, arms traders began to be regarded with odium as "merchants of death" and were accused of having instigated and perpetuated

6390-468: The 1920s to the 1960s. With the death of Gustav Byng in 1910, Hugo Hirst became the chairman as well as managing director, a position he had assumed in 1906. Hirst's shrewd investment in lamp manufacture was proving extremely profitable. In 1909, Osram began production of the most successful tungsten filament lamps in the industry. Rapidly growing private and commercial use of electricity created huge demand. The company expanded both at home and overseas, with

6532-408: The 1960s, although there are regeneration schemes to reverse its fortunes. Many of the high-rise housing blocks from the 1960s and 1970s were demolished during the 1990s, "a sign that the great social engineering schemes (from that period) had failed". However, the high-rises that remain are a striking feature of Salford's landscape. Work was scheduled to begin on the £180 million redevelopment of

6674-421: The 1980s and 1990s the area experienced high levels of deprivation and unemployment, particularly during the recessions of the early years of both decades. This social deprivation was a major factor in the increased levels of gang crime linked to illegal narcotics, firearms and robberies. This was comparable to the similar issues faced in parts of neighbouring Manchester including Moss Side , as well as areas of

6816-609: The 19th century. Another Grade II* listed building, Salford Cathedral , is a decorated neo-Gothic Roman Catholic church built between 1844 and 1848. Salford (Old) Town Hall, situated in Bexley Square off Chapel Street, is a Neo-classical brick building dressed in stone, designed by Richard Lane . Closer to Manchester, the tower of the Church of the Sacred Trinity dates from 1635, the main building from 1752. It

6958-496: The 20th century. According to the 2001 UK census, the industry of employment of Salford's residents aged 16–74 was 18.0% retail and wholesale, 14.4% property and business services, 12.3% manufacturing, 11.7% health and social work, 8.6% education, 7.3% transport and communications, 6.8% hotels and restaurants, 5.8% construction, 4.4% finance, 4.2% public administration, 0.6% energy and water supply, 0.3% agriculture, 0.1% mining, and 5.7% other. Compared with national figures, Salford had

7100-631: The 26 clauses of the charter stated that no one could work in the Hundred of Salford unless they also lived in the borough. Salford's status as a burgage encouraged an influx of distinguished families, and by the Late Middle Ages Salford was "rich in its manor houses ", with over 30 within a 5-mile (8 km) radius of Ordsall . These included Ordsall Hall (owned by the Radclyffe family) and Broughton Hall , owned by

7242-530: The Allied war effort, such as the development of the cavity magnetron for radar , various advances in communications technology, and the mass production of valves , lamps, and lighting equipment. In 1961, GEC merged with Radio & Allied Industries . Throughout the mid-to-late 1960s, GEC's new managing director, Arnold Weinstock , sought to rationalise the British electrical industry and boost efficiency via

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7384-440: The City of Salford but significantly higher than 28.9% in all of England. 15.9% of Salford's residents aged 16–74 had an educational qualification such as first degree, higher degree, qualified teacher status, qualified medical doctor, qualified dentist, qualified nurse, midwife, health visitor, etc. compared to 20% nationwide. As a result of 19th-century industrialisation, Salford has had "a special place in

7526-569: The GPO; GEC supplied a large CB manual exchange for Glasgow in 1910. The British telephone system had been taken over and was operated by the General Post Office (GPO or BPO, a government department). The telephone manufacturing section moved from Manchester to Coventry in 1919, and GEC was one of the "ring" of four (later five) companies supplying the GPO with Strowger automatic telephone exchanges (called "Step-by-Step" or SXS) in use from

7668-607: The Gatling gun. This industrial innovation in the defense industry was adopted by Prussia in its 1864, 1866, and 1870–71 defeats of Denmark, Austria, and, France respectively. By this time the machine gun had begun entering arsenals. The first examples of its effectiveness were in 1899 during the Boer War and in 1905 during the Russo-Japanese War . However, Germany led the innovation of weapons and this advantage in

7810-578: The Greengate area of Salford in January 2007. The plans include the construction of what will be the two tallest tower blocks in Salford. Plans also include a five-star hotel, a new public square and park, restaurants, cafes and 403 apartments. Work is ongoing to regenerate the area known as Middlewood Locks, with the restored Salford terminus of the Manchester Bolton & Bury Canal forming

7952-530: The Irwell, and in 1806 was the first large cotton mill to use gas lighting. Many engineering companies were established in this area, including Samuel Ellis and Company at the Irwell Foundry. However, it was outnumbered by the numerous smaller factories and mills throughout the area, including Nathan Gough's steam-driven mule spinning mill, near Oldfield Road, where a serious accident occurred on 13 October 1824 (see illustration). Canal building provided

8094-566: The Kings of England, including Edward the Confessor . The area between the rivers Mersey and Ribble was divided into six smaller districts, referred to as "wapentakes", or hundreds . The south east district became known as the Hundred of Salford , a division of land administered from Salford for military and judicial purposes. It contained nine large parishes, smaller parts of two others, and

8236-485: The Manor , in 1230. From then until 1791, when police commissioners were appointed, it was governed by a reeve , a medieval administrator and law enforcement official. It was not recognised as a borough in the Municipal Corporations Act 1835 , but was granted borough status in 1844; the new Salford borough was made up of the township of Salford and part of Broughton . The remainder of Broughton,

8378-814: The Russian fleet at the Battle of Tsushima in 1905. In the American Civil War in 1861 the North had about ten times the manufacturing capacity of the economy of the Confederate States of America . This advantage over the South included the ability to produce (in relatively small numbers) breech-loading rifles for use against the muzzle-loading rifled muskets of the South. This began the transition to industrially produced mechanized weapons such as

8520-460: The UK's imports and 4.4% of its exports. Commodities handled included cotton, grain, wool, textile machinery and steam locomotives. For centuries, textiles and related trades were the main source of employment in the town. Bleaching was a widely distributed finishing trade in Salford, carried over from the earlier woollen industry. In the 18th century, before the introduction of chemical bleaching, bleaching fields were commonplace, some very close to

8662-463: The United States, Russia, China, Germany, and France, and the five biggest importers were India, Saudi Arabia, China, the United Arab Emirates, and Pakistan. The flow of arms to the Middle East increased by 87 percent between 2009–13 and 2014–18, while there was a decrease in flows to all other regions: Africa, the Americas, Asia and Oceania, and Europe. SIPRI has identified 67 countries as exporters of major weapons in 2014–18. The top 5 exporters during

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8804-494: The arms industry include weapons , munitions , weapons platforms , communications systems , and other electronics, and related equipment. The arms industry also provides defense-related services, such as logistical and operational support. As a matter of policy, many governments of industrialized countries maintain or support a network of organizations, facilities, and resources to produce weapons and equipment for their military forces (and sometimes those of other countries). This

8946-433: The burgeoning demand for electric lighting was to make GEC's fortune. In 1900, GEC was incorporated as a public limited company , The General Electric Company (1900) Ltd (the '1900' was dropped three years later). In 1902, its first purpose-built factory, the Witton Engineering Works, was opened near Birmingham . In 1907, GEC set up the Peel-Connor Telephone Works to manufacture telephone exchanges and telephones for

9088-431: The bursting of the bubble in 2001 took a heavy toll on Marconi. While the company initially chose to deny any impact to sales, the delayed issue of a profit warning spooked investors. In July 2001, Marconi plc suffered a 54% drop in its share price following the suspension of trading of its shares, profit warning, and redundancies. Having accumulated a sizable debt pile that was continuing to mount due to heavy losses, Marconi

9230-407: The business was incorporated as a private company known as the General Electric Company Ltd . The company was expanding rapidly, opening new branches and factories and trading in 'everything electrical', a phrase that was to become synonymous with GEC. In 1893, it decided to invest in the manufacture of lamps. The resulting company, (to become Osram in 1909), was to lead the way in lamp design, and

9372-399: The business was incorporated as the General Electric Company Ltd , and became a public limited company 11 years later. During the 1890s and 1900s, the company heavily invested into electric lighting, a sector that proved to be immensely profitable in the long term. The GEC was heavily impacted by the outbreak of the First World War , supplying various goods to the military, and thus becoming

9514-443: The business, including one from Huawei Technologies , with whom Marconi already had a joint venture. Prior to the collapse of the Marconi group in 2005 and 2006, the company was a major supplier of Asynchronous Transfer Mode , Gigabit Ethernet , and Internet Protocol products. The majority of Marconi Corporation's businesses (including Marconi Communications and the rights to the Marconi name) were sold to Ericsson in 2005, and

9656-425: The centrepiece of a brand new residential development. As part of the Pathfinder initiative, Salford was identified in 2002 as one of nine areas in specific need of investment for new homes. Between 2003 and 2006 £115M was invested in the Manchester and City of Salford housing markets, £44M of which was invested in central Salford. Rows of terraces in neighbourhoods such as Seedley and Langworthy – once used for

9798-444: The centres of Salford and Manchester, where supplies of labour and coal were more readily available (the first steam-powered mill was built in Manchester in 1780). One of the first factories to be built was Philip's and Lee's Twist Mill in Salford, completed in 1801, the second iron-framed multi-story building to be erected in Britain. The large Salford Engine Twist Company mill was built to the west of Salford, between Chapel Street and

9940-448: The city include the University of Salford , Salford City Football Club , Salford Red Devils , BBC North and ITV Granada . The name of Salford derives from Old English : Sealhford , meaning a ford by the willows , (also known as sallows), in reference to the trees growing on the banks of the River Irwell. The ford was about where Victoria Bridge is today. Willow trees are still found in Lower Broughton . Salford appears in

10082-524: The city include the former town hall , Salford Cathedral , Salford Lads' Club and St Philip's Church . In 2021 it had a population of 129,794. The demonym for people from Salford is Salfordian . Salford is the main settlement of the wider City of Salford metropolitan borough, which incorporates other towns including Eccles , Pendlebury , Swinton and Walkden . Nearby towns in other metropolitan boroughs include Stretford , Urmston , Bolton , Sale and Bury , Prestwich , and Radcliffe . Salford

10224-565: The community and townscape ... has gone from Salford, replaced by tall blocks of flats". Large areas of the city were redeveloped in the 1960s and 1970s, with Victorian era terraced housing estates that inspired painter L. S. Lowry and soap opera Coronation Street giving way to concrete tower blocks and austere architecture. Salford Quays became the site of the second British multiplex when Cannon opened their cinema there in December 1986. Despite extensive redevelopment, throughout

10366-476: The counter. Hugo Hirst was an entrepreneurial salesman who saw the potential of electricity and was able to direct the standardisation of an industry in its infancy. He travelled across Europe with an eye for the latest products, and in 1887 the company published the first electrical catalogue of its kind. The following year, the company acquired its first factory in Salford , where electric bells , telephones, ceiling roses and switches were manufactured. In 1889,

10508-722: The deal was yet to be completed, GEC used much of the anticipated proceeds of the MES sale to buy companies in 1999. This move was part of a major realignment of the firm to focus on the burgeoning telecoms sector, and it became a radio, telecommunications and internet equipment manufacturer. At the time, financial markets approved of the strategy; GEC's share value set new all-time highs during early 1999. In 1999, Marconi plc purchased two American equipment-makers: RELTEC Corporation in March for £1.3bn, and FORE Systems in April for £2.8bn, to complement

10650-468: The defence business. In 1997, it made an ultimately unsuccessful bid to the French government to privatise Thomson-CSF and merge it with MES. A merger of UK companies soon became the most likely development. In mid-January 1999, GEC and British Aerospace confirmed they were holding talks. On 19 January, it was announced British Aerospace was to acquire Marconi Electronic Systems for £7.7bn ($ 12.75bn). While

10792-540: The defence sector, was a departure from the domestic electrical goods market. GEC acquired the Edinburgh based Ferranti Defence Systems Group in 1990 as well as part of Ferranti International's assets in Italy. It also bought Vickers Shipbuilding & Engineering (VSE) in 1995. VSE was willing to participate in a merger with a larger company to reduce its exposure to cycles in warship production, particularly in light of

10934-557: The different methodologies and definitions used different sources often provide significantly different data. SIPRI uses the "trend-indicator values" (TIV). These are based on the known unit production costs of weapons and represent the transfer of military resources rather than the financial value of the transfer. Units are in Trend Indicator Values expressed as millions of U.S. dollars at 1990s prices. These numbers may not represent real financial flows as prices for

11076-483: The early 20th century, improvements in regional transport infrastructure precipitated the decline of Salford's existing industries, including those at the Salford Docks . Increased foreign competition began to undermine the competitiveness of local textile processing businesses. Life in Salford during the early 20th century was described by Robert Roberts, in his study The Classic Slum . Rising unemployment during

11218-409: The electrical industry. During the Second World War , GEC was a major manufacturer of electrical and engineering products for the British armed forces. Significant contributions to the war effort included the development in 1940 of the cavity magnetron for radar , by the scientists John Randall and Harry Boot at the University of Birmingham , as well as advances in communications technology and

11360-658: The entire British electrical industry, beginning with the internal rejuvenation of GEC. In a drive for efficiency, Weinstock made cut-backs and instigated mergers, resulting in new growth for the company. GEC returned to profit and the financial markets' confidence was restored. During the late 1960s, the electrical industry was revolutionised as GEC acquired Associated Electrical Industries (AEI) in 1967, which encompassed Metropolitan-Vickers , British Thomson-Houston , Edison Swan , Siemens Brothers & Co , Hotpoint , William Thomas Henley and Birlec . In 1968, GEC merged with English Electric , incorporating Elliott Brothers ,

11502-471: The establishment of agencies in Europe, Japan, Australia, South Africa, and India . It also did substantial trade with South America. The outbreak of the First World War transformed GEC into a major player in the electrical industry. The company was heavily involved in the war effort, supplying products such as radios, signal lamps , and the arc-lamp carbons used in searchlights . In 1917, GEC created

11644-469: The face of competition and internal disorganisation. In 1961, GEC merged with Sir Michael Sobell's Radio & Allied Industries , and with it emerged the new power behind GEC, Sobell's son-in-law Arnold Weinstock , who became the managing director of GEC in 1963, and moved its headquarters from Kingsway to a new building at 1 Stanhope Gate in Mayfair . Weinstock embarked on a programme to rationalise

11786-405: The fertile lowland by the River Irwell that is now Salford and Stretford . Following the Roman conquest of Britain , General Agricola ordered the construction of a Roman fort named Mamucium (Manchester) to protect the routes to Deva Victrix ( Chester ) and Eboracum ( York ) from the Brigantes. Salford was founded when the fort was completed in AD 79, and for over 300 years

11928-606: The finishing trades, including rexine and silk dyeing, and fulling and bleaching, at a string of works in Salford. Both Karl Marx and Friedrich Engels spent time in Salford, studying the plight of the British working class. In The Condition of the Working Class in England in 1844 , Engels described Salford as "really one large working-class quarter ... [a] very unhealthy, dirty and dilapidated district which, while other industries were almost always textile related

12070-503: The first 1.0T magnetic resonance imaging (MRI) unit. In 1998, it acquired the CT division of Elscint In 1999, the company changed its name to Marconi Medical Systems. In 2001, Philips bought Marconi Medical Systems for $ 1.1 billion. GEC had become the UK's largest and most successful company and private employer, with about 250,000 employees. In 1984, it became one of the first companies in

12212-576: The first companies in the new FTSE 100 Index in 1984. It made profits in excess of £1 billion per year at its peak in the 1990s. In June 1998, GEC sold its share of the joint venture GEC-Alsthom on the Paris stock exchange . During December 1999, GEC's defence arm, Marconi Electronic Systems (MES), was sold to British Aerospace , forming BAE Systems . The rest of GEC, mainly telecommunications equipment manufacturing, continued as Marconi Communications . After buying several US telecoms manufacturers at

12354-533: The first international arms dealers, selling his systems to governments across the world from Brazil to Japan. In 1884, he opened a shipyard at Elswick to specialize in warship production – at the time, it was the only factory in the world that could build a battleship and arm it completely. The factory produced warships for foreign naval forces, including the Imperial Japanese Navy . Several Armstrong cruisers played an important role in defeating

12496-584: The five largest arms exporting nations were the United States , France , Russia , China and Germany (taken together, they supplied approximately 75% of the world's arms exports during this period). In some regions of the world, there is a substantial trade in firearms for use by individuals (where such trade is legal, commonly cited purposes include self-defense and hunting/sporting). Trade in small arms , both legal and illegal, may be associated with violent crime and political instability . In 2017,

12638-503: The greater number of tenants kept their houses clean and respectable under most adverse conditions". By 1933, slum clearance projects were under way, and by the end of 1956 over a thousand families had been rehoused in overspill estates at Little Hulton . These clearances have, for some, changed the character of the area to such an extent that "observers in search of the typical Salford may have to look in Eccles and Swinton, for much of

12780-573: The history of the British working class" ; together with Manchester it had the world's "first fully formed industrial working class" . Salford has not, in general, attracted the same minority ethnic and cosmopolitan communities as in other parts of Greater Manchester, although it did attract significant numbers of Irish in the mid-19th century. Many migrated to Salford because of the Great Hunger in Ireland combined with Salford's reputation as

12922-523: The housing stock, began changing Salford's fortunes; population decline has slowed, and Salford's city councillors have insisted it is a safe place to visit. In August 2005, a survey by Channel 4 television rated the city as the 9th worst place to live in the United Kingdom, based on criteria of crime, education, environment, lifestyle and employment. Salford has suffered from high levels of unemployment, housing, and social problems since around

13064-455: The hundred, which has since in local government been separate from Salford. Poitevin forfeited the manor in 1102 when he was defeated in a failed rebellion attempt against Henry I . In around 1115, for their support during the rebellion, Henry I placed the Hundred of Salford under the control of the Earldom of Lancaster , and it is from this exchange that the Hundred of Salford became

13206-473: The introduction of cotton there was a considerable trade in woollen goods and fustians . Other cottage industries prevalent at this time included clogging , cobbling , weaving and brewing. The changes to textile manufacture during the Industrial Revolution had a profound effect on both on population and urbanisation, as well as the socioeconomic and cultural conditions of Salford. The well-established textile processing and trading infrastructure, and

13348-546: The joint venture GEC-Alsthom on the Paris stock exchange. After most of its US acquisitions failed, GEC began to make a loss. The cash reserves that Lord Weinstock had built up during the 1980s and early 1990s had been all but depleted, and the company was heavily in debt. In July 1998, reports began linking British Aerospace (BAe) with the German aerospace group DASA to create a new European Aerospace and Defence Company. GEC

13490-596: The local community. Salford now has many tourist attractions, such as Ordsall Hall , the Bridgewater Canal and the Lowry Centre , an award-winning theatre and art gallery complex, consisting of two theatres and three art galleries. The centre is named after the artist L. S. Lowry , who attended Salford School of Art and lived in nearby Pendlebury for 40 years. Many of his paintings of Salford and Manchester mill scenes, populated with small matchstick-like figures, are on display. A notable regeneration project

13632-556: The manufacturers of military equipment, such as battleships , artillery pieces and rifles to foreign government military entities. In 1854, the British government awarded a contract to the Elswick Ordnance Company to supply the latest loading artillery pieces. This galvanized the private sector into weapons production, with the surplus increasingly exported to foreign countries. William Armstrong became one of

13774-698: The manufacturing of fighter jets , such as the Eurofighter . The largest military contract in history, signed in October 2001, involved the development of the Joint Strike Fighter . Several of the world's great powers maintain substantial naval forces to provide a global presence, with the largest nations possessing aircraft carriers , nuclear submarines and advanced anti-air defense systems . The vast majority of military ships are conventionally powered, but some are nuclear-powered . There

13916-534: The more distant neighbouring city of Liverpool . Organised crime in Salford, particularly in Ordsall and Pendleton, "began to have a disturbing effect on grass roots democracy. Both the Liberal Democrats and the Conservatives announced they would not contest certain Salford wards" because they regarded them as "unsafe" and would put their "party workers at risk". Salford's social amenities and

14058-571: The new FTSE 100 Index , ranking third in value behind British Petroleum and Shell Transport and Trading . In 1985, GEC acquired Yarrow Shipbuilders from British Shipbuilders . In 1988, GEC Plessey Telecommunications (GPT) was created when GEC bought Plessey . The following year, GEC and Siemens formed a joint company, GEC Siemens plc, to take over Plessey. As part of the deal, GEC took control of Plessey's avionics and naval systems businesses. In early 1989, GEC and French company Alsthom merged their power generation and transport businesses in

14200-403: The north and for a distance forms the statutory boundary between Salford and Manchester. Flooding has historically been a problem and the Irwell has seen much modification along its course in Salford with some bends being removed, channelisation , and the construction of levees and bank reinforcements. Salford has expanded along the river valley to the north and south and on to higher ground on

14342-492: The ongoing mass production of valves , lamps and lighting equipment. The post-war years saw a decline in GEC's expansion. After the death of Hugo Hirst in 1943, his son-in-law Leslie Gamage (elder son of the founder of Gamages ), along with Harry Railing, took over as joint managing directors. Despite the huge demand for electrical consumer goods, and large investments in heavy engineering and nuclear power , profits began to fall in

14484-549: The opening of Salford Docks in 1894. Industrial decline in the 20th century led to the city having run-down and antisocial areas. Salford has been subject to slum clearances and other regeneration programmes since the 1930s. From 2007, multiple media companies set up headquarters at the MediaCityUK development in Salford Quays , an area established in the 1980s on former dockland. Notable organisations based in

14626-619: The period were responsible for 75 percent of all arms exports. The composition of the five largest exporters of arms changed between 2014 and 2018 and remained unchanged compared to 2009–13, although their combined total exports of major arms were 10 percent higher. In 2014–18, significant increases in arms exports from the US, France and Germany were seen, while Chinese exports rose marginally and Russian exports decreased. In 2014–18, 155 countries (about three-quarters of all countries) imported major weapons. The top 5 recipients accounted for 33 percent of

14768-464: The plant was gradually sold off by Weinstock in 1969. In 1969, a new subsidiary company was born, English Electric-AEI Traction Ltd. This new organisation slowly integrated together the traction divisions of both AEI and EE, culminating in 1972 when the company was renamed GEC Traction Ltd. Also added to the company was the industrial locomotive division of the former English Electric which was based at Vulcan Works, Newton-le-Willows (this later became

14910-591: The post- Cold War " Options for Change " defence review. Following GEC's purchase, VSE became Marconi Marine. During 1996, Lord Weinstock retired as GEC's managing director and was replaced by George Simpson . In July 1997, the company announced the outcomes of a major review: it would move away from its joint ventures and focus on moving toward "global leadership" in defence and aerospace ( Marconi Electronic Systems ), industrial electronics (GEC Industrial Electronics), and communications ( GEC Communications ). Simpson, along with finance director John Mayo, decided to pursue

15052-544: The provisions of the Representation of the People Act 1948 when the constituencies were reorganised into Salford East and Salford West. From 1997, Salford lay within a reconstituted Salford parliamentary constituency . From the general election of 2010 , Salford (excluding Broughton and Kersal) was part of the new constituency of Salford and Eccles until it was replaced again with the Salford constituency by

15194-531: The ready supply of water from the River Irwell and its tributaries, attracted entrepreneurs who built cotton mills along the banks of the river in Pendleton and Ordsall . Although Salford followed a similar pattern of industrial development to Manchester, most businesses preferred to build their premises on the Manchester side of the Irwell, and consequently Salford did not develop as a commercial centre in

15336-659: The region during the Early Middle Ages and gave the locality the name Sealhford , meaning "ford by the willows". According to the Anglo-Saxon Chronicle , Sealhford was part of the Kingdom of Northumbria until it was conquered in 923 by Edward the Elder . Following the emergence of the united Kingdom of England , Salford became a caput or central manor within a broad rural area in part held by

15478-471: The region. It was eventually overtaken by Manchester during the Industrial Revolution . The former County Borough of Salford was granted city status in 1926; the current wider borough was established in 1974. The economy of the city in the 18th and 19th centuries was focused on a major factory district for cotton and silk spinning and weaving , and as a major inland port after

15620-400: The remainder was renamed Telent plc. Arms industry The arms industry , also known as the defense (or defence) industry , military industry , or the arms trade , is a global industry which manufactures and sells weapons and other military technology to a variety of customers, including the armed forces of states and civilian individuals and organizations. Products of

15762-547: The road was discontinued in 1925, and the road closed to mechanically propelled vehicles in January 1926. Further slips saw the road closed completely in July 1933, and although no substantial movements have been recorded since 1948 slow subsidence around the Cliff continues to this day. Salford's built environment is made up of a range of building stock. Some inner-city areas are noted for chronic urban decay . Salford's housing stock

15904-515: The same is true for economically inactive students (5.1% in City of Salford and 4.7% in England). The rest of the figures were roughly inline with national trends. Salford has a series of bridges over the Manchester Ship Canal and onto the River Irwell , including the Grade II listed Blackfriars Bridge , completed in 1820. The settlement is dominated by the several railway viaducts built in

16046-405: The same way as its neighbour. Many of these earlier mills had been based on Arkwright -type designs. These relied on strong falls of water, but Salford is on a meander of the Irwell with only a slight gradient and thus mills tended to be built upstream, at Kersal and Pendleton. However, with the introduction of the steam engine in the late 18th century, merchants began to construct mills closer to

16188-563: The sixth-largest settlement in the Greater Manchester Urban Area , the United Kingdom's second-largest conurbation . The M602 motorway enters Salford from Eccles to the west. The A580 "East Lancashire Road" terminates at Salford, entering the area from Pendlebury . Salford is polycentric (has more than one centre). The main city centre could be considered to be located around Bexley Square near where

16330-441: The surrounding borough. The USD had a slightly larger percentage of Asian and black people. Salford has become a lot more ethnically diverse since the previous census, mostly due to boundary changes, but also due to the relocation of many BBC departments from London between 2011 and 2012. This has created many jobs and encouraged migration to the area, which was previously very deprived since the loss of many traditional industries in

16472-416: The telecommunication business of its subsidiary Marconi Communications . Later that year, GEC acquired Kvaerner 's Govan shipyard. In April 2000, it acquired Mobile Systems International in exchange for £391m. Consolidating and monitoring the finances of these acquisitions soon added to the future difficulties encountered by Marconi. These acquisitions were made at the height of the dot-com bubble , and

16614-489: The title sequence of Coronation Street  – are being compulsorily purchased, demolished and replaced by "modern sustainable accommodation". Other schemes such as the Charlestown and Lower Kersal New deal for Communities , have concentrated on renovating existing terraced housing stock by block improvement and alleygating, as well as demolishing unsuitable properties and building new facilities, in consultation with

16756-404: The top of the market, losses following the bursting of the dot-com bubble in 2001 led to the restructuring in 2003 of Marconi plc into Marconi Corporation plc . During 2005, the company failed to secure any part of BT's 21st Century Network (21CN) programme; that same year, Ericsson acquired the bulk of the company; what was left of the business was renamed Telent . GEC had its origins in

16898-451: The total arms imports during the period. The top five arms importers – Saudi Arabia, India, Egypt, Australia, and Algeria – accounted for 35 percent of total arms imports in 2014–18. Of these, Saudi Arabia and India were among the top five importers in both 2009–13 and 2014–18. In 2014–18, the volume of major arms international transfers was 7.8 percent higher than in 2009–13 and 23 percent higher than that in 2004–08. The largest arms importer

17040-399: The town hall and cathedral are located. However, its main shopping centres are Salford Shopping Centre in Pendleton and Salford Quays . As the city has expanded and incorporated Eccles , Walkden , Swinton and Pendlebury , there are now retail and economic centres belonging to these towns. As of the 2001 UK census , Salford had a population of 72,750. The 2001 population density

17182-545: The town. In 1773 there were 25 bleachers around Salford, most to the west of the township. Printing was another source of trade; the earliest recorded in the region was a calique printer in the Manchester Parish Register of 1763. These industries became more important as Salford faced increasing competition from the nearby towns of Bolton and Oldham . As its cotton spinning industries faltered its economy turned increasingly to other textiles and to

17324-454: The town; a 17th-century order forced each burgess  – a freeman of the borough   – to attend, but the fairs were abolished during the 19th century. The Earls of Chester aided the development of the caput, and in 1230 Ranulf de Blondeville, 6th Earl of Chester made Salford a burgage , or free borough. The charter gave its burgesses certain commercial rights, privileges and advantages over traders living outside Salford; one of

17466-591: The township of Aspull in the parish of Wigan . After the defeat of Harold II during the Norman conquest of England , William I granted the Hundred of Salford to Roger the Poitevin , and in the Domesday Book of 1086 the Hundred of Salford was recorded as covering an area of 350 square miles (906 km ) with a population of 35,000. Poitevin created the subordinate Manor of Manchester out of

17608-605: The township of Pendleton , and a small part of Pendlebury were added in 1853. When the administrative county of Lancashire was created by the Local Government Act 1888 , Salford was elevated to become the County Borough of Salford and was, in modern terms, a unitary authority area exempt from the administration of Lancashire County Council . Following a campaign supported by William Joynson-Hicks , Home Secretary and Member of Parliament (MP) for

17750-485: The type and location of housing. County Borough 1901–1971  • Urban Subdivision 1981–2001 In 2011, Salford had a population of 103,886, which is about the same size as Rochdale . The population increased from 72,750 in the previous census, mainly due to boundary changes. In 2011, 22.7% of the population in the Salford USD (Urban Subdivision) were non-white British, compared with 15.6% for

17892-400: The underlying arms can be as low as zero in the case of military aid. Arms import rankings fluctuate heavily as countries enter and exit wars. Export data tend to be less volatile as exporters tend to be more technologically advanced and have stable production flows. 5-year moving averages present a much more accurate picture of import volume, free from yearly fluctuations. This is a list of

18034-502: The underlying arms can be as low as zero in the case of military aid. The following are estimates from Stockholm International Peace Research Institute . Overall global arms exports rose of about 6 per-cent in the last 5 years compared to the period 2010-2014 and increased by 20 per-cent since 2005–2009. Rankings for exporters below a billion dollars are less meaningful, as they can be swayed by single contracts. A much more accurate picture of export volume, free from yearly fluctuations,

18176-472: The valley sides at Irlams o' th' Height and Higher Broughton . Unconsolidated glacial deposits along the riverbank at Broughton have caused several landslides along the riverbank. The City Engineer's Department of the City of Salford recorded one such incident near Great Clowes Street in February 1882, and others in 1886, 1887 and 1888. In 1892 the road was propped with timber supports. The tram service along

18318-467: The war for earning their profits from weapons sales. An inquiry into these allegations in Britain failed to find evidence to support them. However, the sea change in attitude about war more generally meant that governments began to control and regulate the trade themselves. The volume of the arms trade greatly increased during the 20th century, and it began to be used as a political tool, especially during

18460-423: The whole of North West England . A survey in 1931 concluded that parts of Salford contained some of the worst slums in the country. Many houses were infested by rats and lacked elementary amenities. Inspectors found that of 950 houses surveyed, 257 were in a state of bad repair with leaking roofs, broken flooring and rotten woodwork. The inspectors were "struck by the courage and perseverance with which

18602-399: The wider City of Salford are unparished areas . Salford is represented by the Member of Parilament (MP) for the Salford constituency , which was (re)created in 2023 and first used in the 2024 UK general election . Its MP is Rebecca Long-Bailey , who served as a Labour Party MP in Salford since 2015. As of 2024 she sits as an independent MP, after Labour suspended her for voting against

18744-464: The world's largest arms manufacturers and other military service companies who profit the most from the war economy , their origin is shown as well. The information is based on a list published by the Stockholm International Peace Research Institute for 2022. Arms control refers to international restrictions upon the development, production, stockpiling, proliferation, and usage of small arms, conventional weapons, and weapons of mass destruction . It

18886-511: The world. (Now owned by L-3 Cincinnati Electronics.) In 1981, GEC acquired Picker Corporation, an American manufacturer of medical imaging equipment. GEC merged Picker with Cambridge Instruments, GEC Medical, and American Optical to form Picker International (PI). GEC Medical was itself an amalgamation of Watson & Sons Ltd, formed in the early 20th century in London and long a part of GEC, and A E Dean & Co of Croydon . In 1982, PI introduced

19028-513: Was twinned with Clermont-Ferrand in France. In 1974 the City and County Borough of Salford was abolished under the Local Government Act 1972 , and was replaced by the metropolitan borough of City of Salford , a local government district of the new metropolitan county of Greater Manchester , with triple the territory of the former City of Salford, taking in neighbouring Eccles, Swinton and Pendlebury, and Worsley and Irlam. Both Salford and

19170-503: Was 9,151 per mi (3,533 per km ), with a 100 to 98.4 female-to-male ratio. Of those over 16 years age, 44.0% were single (never married) and 36.7% married. Salford's 32,576 households included 44.1% one-person, 22.0% married couples living together, 7.6% were co-habiting couples, and 13.3% single parents with their children. Of those aged 16–74, 37.3% had no academic qualifications , similar to that of 35.5% in all of

19312-519: Was Saudi Arabia, importing arms primarily from the United States, United Kingdom, and France. Between 2009–13 and 2014–18, the flow of arms to the Middle East increased by 87 percent. Also including India, Egypt, Australia, and Algeria, the top five importers received 35 percent of the total arms imports, during 2014–18. The five largest exporters were the United States, Russia, France, Germany and China. The 2022 Russian invasion of Ukraine changed

19454-491: Was also seen as a potential partner in a three-way merger with BAe and DASA. In December 1998, reports emerged that GEC was seeking a partner for MES, the value of which was greatly increased by the Tracor acquisition. Prospective partners included Thomson-CSF (by 1998 on the path to privatisation) and various American defence contractors (e.g. Lockheed Martin and TRW ). GEC had already been active in pursuing consolidation in

19596-541: Was as high as 80 homes per acre. Private roads were built for the use of the middle classes moving to the outskirts of Salford. The entrances to such roads, which included Elleray Road in Irlams o' th' Height , were often gated, and patrolled. Salford is credited as the birthplace of the Bush Roller Chain . Hans Renold , a Swiss-born engineer, came to Salford in the late 19th century. In 1879 he purchased

19738-558: Was facing bankruptcy. In September 2011, Simpson was forced to resign from Marconi and a new management team was brought in under Mike Parton, the new chief executive. Shares that had been worth £12.50 at GEC's peak had fallen to £0.04. Lord Weinstock's own stake, once worth £480 million, was reduced to £2 million. On 19 May 2003, Marconi plc underwent a restructuring and became Marconi Corporation plc , advised by Lazard and Morgan Stanley . Marconi shareholders received one Marconi Corporation share for every 559 Marconi shares. In

19880-407: Was recorded as "within a great loop of the River Irwell ... roughly three-quarters of a mile from north to south and one mile from east to west". Salford is contiguous with Manchester , and has been described "in participation of its trade, and for all other practical purposes, an integral part of it; presents a near resemblance to it in streets and edifices; contains several public buildings and

20022-587: Was staunchly in support of Bonnie Prince Charlie , in his attempt to seize the Throne of England . He entered the town at the head of his army and was blessed by the Reverend John Clayton before leaving "in high spirits" to march on London; he returned to Salford in defeat just nine days later. Salford has a history of textile processing that pre-dates the Industrial Revolution , and as an old town had been developing for about 700 years. Before

20164-585: Was the completion of the Manchester Ship Canal in 1894 which triggered Salford's development as a major inland port . Salford Docks , a major dockland on the Ship Canal 35 miles (56 km) east of the Irish Sea , brought employment to over 3,000 labourers. By 1914 the Port of Manchester , most of whose docks were in Salford, had become one of the largest port authorities in the world, handling 5% of

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