The British Trade and Financial Situation

June 12, 1926

Report Outline
British National Finance
Condition of British Export Trade
Unemployment in Great Britain
Future British Trade Development
Special Focus

Great Britain on June 15 will pay $67,950,000 in interest on her war debt to the United States, representing about one-third of the total amount the Treasury is scheduled to receive during the calendar year 1926 from European debtors.

Payments on the British war debt to date have aggregated $1,042,008,298. Since the funding of the debt in 1922, the British Government has made every payment of principal and interest according to schedule. No advantage has been taken of the option contained in the funding agreement which would permit the postponement of any payment of principal for a period of two years.

The British payments have been made in the face of adverse trade conditions, depression in the principal British industries, recurring labor troubles and widespread unemployment. Although Belgium, France and Italy all have been given better terms in the agreements for funding their indebtedness to the United States, no suggestion has yet come from London of a desire to revise the British funding agreement.

ISSUE TRACKER for Related Reports
United Kingdom
Nov. 05, 2010  U.S.-British Relations
Jan. 30, 1998  U.S.-British Relations
Mar. 08, 1996  The British Monarchy
Sep. 15, 1995  Northern Ireland Cease-Fire
Nov. 17, 1978  New Prospects for Britain
Apr. 08, 1977  Britain: Debtor Nation
Sep. 26, 1975  Britain in Crisis
Jun. 10, 1970  British Election, 1970
Oct. 30, 1968  British Economy Since Devaluation
Sep. 27, 1967  Britain in the 1960s: Descent from Power
Sep. 10, 1964  British Election, 1964
Jun. 24, 1964  British Commonwealth in the Postwar World
Aug. 09, 1961  Socialized Medicine in Great Britain
Jul. 19, 1961  Britain, the United States and the Common Market
Sep. 16, 1959  British General Election
Mar. 13, 1957  American-British Relations
May 10, 1954  Political Trends in Britain
Sep. 13, 1951  British Social Services
May 24, 1950  Sterling Balances
Feb. 08, 1950  British Election, 1950
Jan. 12, 1949  British National Health Service
Mar. 28, 1946  Sterling Area and the British Loan
Jul. 14, 1945  British Export Trade
Jun. 22, 1945  British Election
Jan. 01, 1943  Food Rationing in Great Britain
Apr. 19, 1941  Convoys for Britain
Jan. 02, 1941  Financing Britain's War Requirements
Aug. 26, 1938  Anglo-American Relations
Apr. 28, 1938  Economic Recovery in Great Britain
May 12, 1937  Britain's Intra-Imperial Relations
Sep. 09, 1931  Unemployment Insurance in Great Britain
Aug. 09, 1930  The Protectionist Movement in Great Britain
Sep. 10, 1929  The British Task in Palestine
May 06, 1929  The British General Election of 1929
Jun. 12, 1926  The British Trade and Financial Situation
May 07, 1926  Background of the British Labor Crisis
Oct. 17, 1924  British Electoral System and Political Issues
Feb. 29, 1924  British and French Finances
Jan. 14, 1924  The British Labour Party
BROWSE RELATED TOPICS:
Bilateral and Regional Trade
Regional Political Affairs: Europe