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
Peasants' Revolt until the intervention of Henry le Despenser, who defeated a rebel army at the Battle of North Walsham on 25 or 26 June. Troubles extended north to York, Beverley and Scarborough, and as far west as Bridgwater in Somerset. Richard mobilised 4,000 soldiers to restore order. Most of the rebel leaders were tracked down and executed; by November, at least 1,500 rebels had been killed. The Peasants' Revolt has been widely studied by academics. Late 19th-century historians used a range of sources from contemporary chroniclers to assemble an account of the uprising, and these were supplemented in the 20th century