The Bank of England was established during the reign of which British monarch?
History of the British national debt History of the British national debt The history of the British national debt can be traced back to the reign of William III, who engaged a syndicate of City traders and merchants to offer for sale an issue of government debt, which evolved into the Bank of England. In 1815, at the end of the Napoleonic Wars, British government debt reached a peak of £1 billion (that was more than 200% of GDP). At the beginning of the 20th century the national debt had been gradually reduced to around 30 percent of GDP. However, during World War I the British
Dukedoms of the British Isles by reign Churchill, 1st Earl of Marlborough, the excellent English general of Queen Anne's reign, won many a victory over the French King Louis XIV. He was rewarded with a dukedom, which by a special Act of Parliament passed to his daughters and their descendants when he died without surviving male issue. Created for politician John Manners, 9th Earl of Rutland. He was noted for being one of the first people in England to obtain a divorce, done by special act of Parliament. Like the Dukedom of Cornwall in England, Rothesay is automatically held by the eldest son of the Scottish monarch;