History of the London School of Economics
The history of the London School of Economics dates from 1895, when the School was founded by Fabian Society members Sidney and Beatrice Webb, Graham Wallas, and George Bernard Shaw, with funding provided by private philanthropy, including a bequest of £20,000 from Henry Hunt Hutchinson to the Fabian Society.
Examination boards in the United Kingdom
The University of London School Examinations Board merged with the London and East Anglian Group to form the University of London Examinations & Assessment Council (known as London Examinations or ULEAC) in 1991. In 1996, London Examinations merged with the vocational BTEC to form the Edexcel Foundation (the legal entity called London Qualifications). Though it originally ran as an educational charity like AQA, the Foundation was taken over by Pearson in 2003 (and renamed simply Edexcel), making it the only British exam board to be run by a profit-making company.