William Walworth group conspired to keep food prices up, lent money to the king at inflated interest, and through personal and financial influence persuaded the king to issue edicts profitable to themselves. His most famous exploit was his encounter with Wat Tyler during the English peasants' revolt of 1381, in his second term of office as Lord Mayor. In June of that year, when Tyler and his followers entered south London, Walworth defended London Bridge against them. He was with Richard II when he met the insurgents at Smithfield, and killed the rebel leader with his baselard. The circumstances of the killing
Economics of English agriculture in the Middle Ages Black Death combined with the costs of the Hundred Years War to produce the Peasants Revolt of 1381. Although the revolt was suppressed it undermined many of the vestiges of the feudal economic order and the countryside became dominated by estates organised as farms, frequently owned or rented by the new economic class of the gentry. The English agricultural economy remained depressed throughout the 15th century, with growth coming from the greatly increased English cloth trade and manufacturing. The economic consequences of this varied considerably from region to region, but generally London, the South and the West prospered at the