Economic history of the United Kingdom once the territories gained independence and were free to negotiate their own trade agreements. Although the '50s were overall a time of great prosperity for Britain, the Suez Crisis of November 1956 precipitated a financial crisis and a run on Sterling which underlined how fragile post-war British finances were. The tripartite invasion of the Suez Canal Zone by Britain, France and Israel following Egypt's nationalization of the canal (before then majority owned by the British government) was a disaster for British prestige and the economy. The United States and the United Nations came out firmly against the occupation, which caused
Take Your Place one mile at Doncaster Racecourse. Ridden by Gianfranco Dettori he started at odds of 4/1 in a field headed by the French challenger Earth Spirit (winner of the Criterium de Maisons-Laffitte). Take Your Place overtook his pacemaker St Joles a furlong and a half from the finish but was immediately challenged by Earth Spirit. The pair engaged in what Timeform described as "a tremendous duel" before Take Your Place gained the advantage in the final strides and won by a head. The other French contender Gallapiat took third ahead of Indus Warrior. In 1976, Take Your Place began his season