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1215
Monarchy Begins its Material Downfall
King John of England signs the Magna Carta leading the monarchy to begin its downfall and the parliament to be born. -
Period: to
Monarchy becomes a Republic
During this time, King Charles I was dethroned and a republic was set instead of a monarchic system. -
Acts of Union
Agreement is reached between England and Scotland for their unification. Great Britain is formed.
Image retrieved from: https://en.wikipedia.org/wiki/Acts_of_Union_1707 -
World War 2
Great Britain involvement and the large amount of immigrants help Great Britain economy be prosperous.
Image taken from: https://en.wikipedia.org/wiki/British_Empire_in_World_War_II -
FSA
The Financial service authority was established by the government to regulate the financial services industry
Image From: https://www.investopedia.com/articles/investing/042915/how-uk-makes-money.asp -
Financial Services Act
Thanks to the crisis of 2008, the FSA was heavily criticised. It was soon replaced by the FCA, the FPC and the PRA. Image from: https://www.amazon.co.uk/Financial-Services-Act-2012-Chapter/dp/010542112X -
Brexit
England decision to get out of the European Union. Image from: http://www.unionsyndicale.eu/en/brexit-and-the-legal-status-of-officials-and-other-servants-of-british-nationality/