This accessible study investigates the role of banks in the finance of British industry, an issue which has long been the subject of dispute. From one perspecti
In the decades before 1914, the City of London was the premier international financial centre. However, this position was not long maintained, other industrial
After 1688, Britain underwent a revolution in public finance, and the cost of borrowing declined sharply. Leading scholars have argued that easier credit for th
The nineteenth century was a time of rapid change in forms of organization of economic activity. A central feature of such change was, inevitably, the developme