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What is BIS?

Updated: 4/26/2024
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14y ago

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BIS stands for the Department of Business, Innovation and Skills, an attempt by Gordon Brown and the British Labour government to prove that they DID save the world from recession (a claim made by Gordon Brown in 2009). On its website BIS describes itself as "building a dynamic and competitive UK economy by: creating the conditions for business success; promoting innovation, enterprise and science; and giving everyone the skills and opportunities to succeed. To achieve this it will foster world-class universities and promote an open global economy. BIS - Investing in our future".

The minister in charge of BIS is the First Secretary of State, Secretary of State for Business, Innovation and Skills, President of the Board of Trade, and Lord President of the Council, Peter Mandelson, who was twice forced to resign from the Labour government due to sleaze.

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1w ago

BIS stands for the Bank for International Settlements. It is an international financial institution that serves as a bank for central banks and provides a platform for cooperation and collaboration among central banks and financial authorities worldwide. Its main purpose is to promote monetary and financial stability globally.

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