We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info

The country was split 50:50, with Labour gaining more of the popular vote, while the Tories’ 17-seat majority failed to give them a clear mandate to reverse Labour’s ground-breaking, post-war policies.

86 years ago (1936)

Wallis Simpson was granted a divorce from her second husband, shipbroker Ernest Simpson.

Her forthcoming engagement to King Edward VIII precipitated a constitutional crisis which would force him to abdicate from the throne in December of that year.

36 years ago (1986)

Prime Minister Margaret Thatcher initiated the process of deregulating the financial markets, in what would become known as the Big Bang.

The switch to electronic trading led to an economic boom in the City of London, which became a leading world finance hub.

But her critics said it led to unethical practices which ultimately paved the way for the 2008 financial crash.

Source: Read Full Article