Abstract
Nick Mayhew is an eminent scholar of British currency, and has provided much encouragement to others working in this area. This was shown by his effective leadership of the Winton Monetary Institute. His Sterling: The History of a Currency (2000) provides an admirably succinct account of British monetary history from the Norman Conquest to the present day. This chapter, which is a tribute to his work, reviews British monetary history since 1870. It draws on the Bank of England’s Macroeconomic Data Set. The data has been used to examine British experience with cyclical fluctuations, via the Bank of England (Hills et al., 2010). In this chapter the same sources are used to present British monetary data, using a basic theoretical framework.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Copyright information
© 2015 Nicholas Dimsdale
About this chapter
Cite this chapter
Dimsdale, N. (2015). Monetary Trends in the UK since 1870. In: Allen, M., Coffman, D. (eds) Money, Prices and Wages. Palgrave Studies in the History of Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137394026_14
Download citation
DOI: https://doi.org/10.1057/9781137394026_14
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-48377-8
Online ISBN: 978-1-137-39402-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)