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
Giltspur Street Giltspur Street Giltspur Street is a street in Smithfield in the City of London, running north-south from the junction of Newgate Street, Holborn Viaduct and Old Bailey, up to West Smithfield, and it is bounded to the east by St Bartholomew's Hospital. It was formerly known as Knightsriders Street, from the knights riding at the tournaments in Smithfield. In 1381 King Richard II met the leaders of the Peasants' Revolt here, promising to agree to the rebels' demands, which included a repeal of the Statute of Labourers that prevented workers changing jobs for better pay. However, during the negotiations William