History of the British national debt History of the British national debt The history of the British national debt can be traced back to the reign of William III, who engaged a syndicate of City traders and merchants to offer for sale an issue of government debt, which evolved into the Bank of England. In 1815, at the end of the Napoleonic Wars, British government debt reached a peak of £1 billion (that was more than 200% of GDP). At the beginning of the 20th century the national debt had been gradually reduced to around 30 percent of GDP. However, during World War I the British
Reign of Cleopatra Reign of Cleopatra The reign of Cleopatra VII of the Ptolemaic Kingdom of Egypt began with the death of her father, the ruling pharaoh Ptolemy XII Auletes, by March 51 BC. It ended with her death on 10 or 12 August 30 BC. Following the reign of Cleopatra, the country of Egypt was transformed into a province of the Roman Empire and the Hellenistic period came to an end. During her reign she ruled Egypt and other territories as an absolute monarch, in the tradition of the Ptolemaic dynasty's founder Ptolemy I Soter (r. 305–283 BC) as well as Alexander