Wars of the Roses Richard of York, 3rd Duke of York. By 1453, issues had come to a head: though Margaret of Anjou was pregnant, Henry VI was descending into increasing mental instability, by August becoming completely non-responsive and unable to govern. A Great Council of nobles was called, and through shrewd political machinations, Richard had himself declared Lord Protector and chief regent during the mental incapacity of Henry. In the interlude, Margaret gave birth to a healthy son and heir, Edward. By 1455, Henry had regained his faculties, and open warfare came at the First Battle of St Albans. Several prominent Lancastrians died
England in the Late Middle Ages shrinking economies of the eastern towns. These new trading systems brought about the end of many of the international fairs and the rise of the chartered company. Fishing in the North Sea expanded into deeper waters, backed by commercial investment from major merchants. Between 1440 and 1480, however, Europe entered a recession and England suffered the Great Slump: trade collapsed, driving down agricultural prices, rents and ultimately the acceptable levels of royal taxation. The resulting tensions and discontent played an important part in Jack Cade's popular uprising in 1450 and the subsequent Wars of the Roses. By the end of