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
The Reign of Terror (Doctor Who) The Reign of Terror (Doctor Who) The Reign of Terror is the partly missing eighth serial in the British science fiction television series "Doctor Who", which was first broadcast on BBC1 in six weekly parts from 8 August to 12 September 1964. It was written by Dennis Spooner and directed by Henric Hirsch. In the serial, the First Doctor (William Hartnell), his granddaughter Susan (Carole Ann Ford), and teachers Ian Chesterton (William Russell) and Barbara Wright (Jacqueline Hill) arrive in France during the period of the French Revolution known as the Reign of Terror, where they become involved with prisoners