By David Sunderland
Britain's Crown brokers' place of work is a distinct improvement supplier. until eventually the early Sixties, its consumers have been colonial governments, and, thereafter, the administrations of dependencies and newly self sustaining nations. in addition to buying a wide percentage of its buyers' imports, it supplied them with finance and controlled their investments. It was once hence one of many biggest dealers of products within the united kingdom, and, after, the financial institution of britain, the country's greatest bank. This ebook, the sequel to the author's handling the British Empire: The Crown brokers, 1833 -1914 (Boydell, 2004), examines the brokers' quite a few improvement roles, together with the disastrous enterprise into secondary banking in 1967 which collapsed in 1974, then the biggest financial ruin in British monetary background. The booklet contributes to a couple of present debates in improvement reviews, provides to our figuring out of the London monetary marketplace and the competitiveness of British undefined, and exhibits how latest relief enterprises can examine a lot from the preparations of the previous.