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Gross domestic product (GDP) in England 1270 to 2016 [1]. The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century.
Josiah Charles Stamp, 1st Baron Stamp (21 June 1880 – 16 April 1941) was an English industrialist, economist, civil servant, statistician, writer, and banker. He was a director of the Bank of England and chairman of the London, Midland and Scottish Railway .
England is a nation within the United Kingdom, which is a member of the Commonwealth of Nations, the G7, the G8, the G20, the CPTPP, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the World Bank, the World Trade Organization, Asian Infrastructure Investment Bank and the United Nations.
The subsequent economic recovery was extremely strong, and unlike after the early 1980s recession, the recovery saw a rapid and substantial fall in unemployment, which was down to 7.2% by 1997, [73] although the popularity of the Conservative government had failed to improve with the economic upturn. The government won a fourth successive ...
The history of local government in England is one of gradual change and evolution since the Middle Ages. England has never possessed a formal written constitution, with the result that modern administration (and the judicial system) is based on precedent, and is derived from administrative powers granted (usually by the Crown) to older systems, such as that of the shires.
Charles worked closely with Archbishop William Laud (1573–1645) on remodelling the church, including preparation of a new Book of Common Prayer. Historians Kevin Sharpe and Julian Davies suggest Charles was the prime instigator of religious change, with Laud ensuring the appointment of key supporters, such as Roger Maynwaring and Robert ...
When Charles I was executed in 1649 by the English Parliament, England entered into a republic, or Commonwealth, that lasted until Charles II was reestablished as king of England in 1660. The intermittent civil wars that lasted between 1649 and 1688 were a "constitutional struggle originating from the unresolved contradictions fostered by the ...
The comparative failure of this scheme (which did not produce the estimated yield of £4.5 million) prepared the way for the most important development of all—the introduction of income tax in 1798. Though a development of the triple assessment, income tax was also connected with the permanent settlement of land tax as a redeemable charge.