After consultations with the Bank of England, the Treasury issued a statement announcing its intention to suspend the gold standard on Sunday 20 September, and parliament approved the Bill the next day.
Vladimir Lenin introduced the New Economic Policy at the 10th Communist Party Congress.
By the start of the 17th century merchants from the Dutch Republic had begun to undertake voyages to the ‘Spice Islands’ of the Indian Ocean.
Not all the recommendations were implemented, but the subsequent Beeching Cuts resulted in the closure of 2,128 stations, thousands of miles of track, and the loss of up to 70,000 jobs.
The EEC, sometimes referred to as the Common Market, survived until 2009 when it was absorbed into the European Union.
The economic bubble that is also referred to as the ‘dot-com boom’ was the result of investors speculatively pouring money into the numerous internet companies that were founded in the mid- to late-1990s.
Although the income tax was abolished in 1802, it was reinstated and repealed another two times before being made permanent.
On the 27th March 1963, Chairman of the British Transport Commission Dr Richard Beeching published his report entitled The Reshaping of British Railways.
On the 16th November 1945, the United Nations Educational, Scientific and Cultural Organisation – otherwise known as UNESCO – was founded.
28th June 2015
11th November 2022
11th November 2022
9th November 2019
