The Brexit bill and England's history of defaulting on payments

Boris Johnson threatened to withhold UK's Brexit bill. But defaulting on payments owed to European creditors is not new for the UK and dates back to Medieval England.

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Previous research conducted by Professor Adrian Bell, Professor Chris Brooks and Dr Tony Moore looked at credit finance in the Middle Ages.

In their latest article for The Conversation, they discuss the repercussions of not paying the Brexit bill and learnings from history. Read the full piece here.

Professor Adrian Bell

Research Dean, Prosperity and Resilience
Adrian is Chair in the History of Finance and Research Dean, Prosperity and Resilience.

Professor Chris Brooks

Professor in Finance
Chris Brooks is Professor of Finance at the ICMA Centre. He was formerly Professor of Finance at the Cass Business School, London. He holds a PhD and a BA in Economics and Econometrics, both from the University of Reading. His areas of research interest include asset pricing, fund management, behavioural...

Dr Tony Moore

Lecturer in Finance
Dr Tony Moore is Lecturer in Finance at the ICMA Centre. He is Programme Director of the MSc in Financial Regulation, a part-time degree for practicing regulators offered in collaboration with the Financial Conduct Authority. He convenes the modules ‘Stakeholders and the Business of Finance’ and the Research Project/Dissertation options...
Published 12th June 2019
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