The London Stock Exchange

Why was the `Big Bang' necessary? How did it come about? What did it achieve? Recent as these events are, their origins can only be understood through an examination of the history of the London Stock Exchange. Professor Michie explores the changes that have taken place from its beginning, and reveals the profound implications of these changes not only for the Stock Exchange itself, but also for the relationship between the government and the securities market. Complete with an introduction by Sir Nicholas Goodison, former Chairman of the Stock Exchange, this book provides an invaluable insight into the way Britain's financial system has evolved over the centuries and the role it has played both at home and abroad.