Blue Monday Crash 2009 There was speculation that nationalisation was imminent. Billions of pounds were wiped from its stock market value despite the Government’s pledge to keep it afloat with more money from the taxpayer. As Gordon Brown set out plans to increase public ownership to 70 percent of what was once one of the world’s biggest financial conglomerates, City investors dumped the shares in a selling frenzy. Share prices fell as follows : Blue Monday Crash 2009 On Monday, 19 January 2009, a date previously known as Blue Monday, British banking shares collapsed in a rout of selling after Royal Bank of Scotland
Koehler Depressing Carriage Koehler Depressing Carriage The Koehler Depressing Carriage was a novel type of gun carriage invented in 1782 by Lt George Frederick Koehler of the Royal Artillery. It was devised to enable cannons to be fired at a steeply downward-facing angle and was made necessary by the peculiar circumstances that the British Army faced during the Great Siege of Gibraltar between 1779–83. The carriage saw active service during the siege, when it was used to support the British counter-bombardment of Spanish and French artillery batteries during the successful defence of Gibraltar. Its success made Koehler famous and has been commemorated in