History of the British national debt both government borrowing and the national debt have risen dramatically, reaching around 70% of GDP by the end of 2012. The origins of the British national debt can be found during the reign of William III, who engaged a syndicate of City traders and merchants to offer for sale an issue of government debt. This syndicate soon evolved into the Bank of England, eventually financing the wars of the Duke of Marlborough and later Imperial conquests. The establishment of the bank was devised by Charles Montagu, 1st Earl of Halifax, in 1694, to the plan which had been proposed by
Coronation of the Bohemian monarch Kings of Bohemia which weren't crowned during their reign were: On the other hand, king Ferdinand IV was crowned during the lifetime of his father (Ferdinand III), but he died before him, so he never actually reigned. Coronation of the heir during life of his father was only temporary custom for kings: Ferdinand III, Ferdinand IV and Leopold I. Coronation of the Bohemian monarch The Coronation of the Bohemian monarch (in Czech: "korunovace českého panovníka") was a ceremony in which the king (or queen-regnant) and queen-consort (if there was at time) was formally crowned, annoited and invested with regalia. It