History of the formation of the United Kingdom Kingdom of England (which included Wales and controlled Ireland) and the Kingdom of Scotland. The once independent Principality of Wales fell under the control of English monarchs from the Statute of Rhuddlan in 1284. The Union of Crowns in 1603, the accidental consequence of a royal marriage one hundred years earlier, united the kingdoms in a personal union, though full political union in the form of the Kingdom of Great Britain required a Treaty of Union in 1706 and Acts of Union in 1707 (to ratify the Treaty). The Act of Union 1800 united the Kingdom of Great Britain with
Acts of Union 1707 known as the Seven ill years which led to strained relations with England. In 1698, the Company of Scotland Trading to Africa and the Indies received a charter to raise capital through public subscription. The Company invested in the Darién scheme, an ambitious plan funded almost entirely by Scottish investors to build a colony on the Isthmus of Panama for trade with East Asia. The scheme was a disaster; the losses of over £150,000 severely impacted the Scottish commercial system. The financial losses incurred have often been suggested as one of the drivers behind Union. Deeper political integration had been