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During the war British private investments abroad were sold, raising £550 million. However, £250 million new investment also took place during the war. The net financial loss was therefore approximately £300 million ; less than two years investment compared to the pre-war average rate and more than replaced by 1928. [ 183 ]
This is a timeline of the British home front during the First World War from 1914 to 1918. This conflict was the first modern example of total war in the United Kingdom; innovations included the mobilisation of the workforce, including many women, for munitions production, conscription and rationing.
Turner, John, ed. Britain and the First World War (1988). Williams, John. The Home Fronts: Britain, France and Germany 1914-1918 (1972) Britain: pp 49–71, 111-33, 178-98 and 246-60. Wilson, Trevor. The Myriad Faces of War: Britain and the Great War 1914–1918 (1989) excerpt and text search 864pp; covers both the homefront and the battlefields
HMS Dreadnought.The 1902, 1904 and 1907 agreements with Japan, France and Russia allowed Britain to refocus resources during the Anglo-German naval arms race. In explaining why Britain went to war with Germany, British historian Paul Kennedy (1980) argued that a critical factor was the British realisation that Germany was rapidly becoming economically more powerful than Britain.
The British Army during the First World War was the largest military force that Britain had put into the field up to that point. [241] On the Western Front, the British Expeditionary Force ended the war as the strongest fighting force, more experienced than the United States Army and its morale was in better shape than the French Army. [241] [c]
Historian David Olusoga said the survey captured ‘one of the most dramatic and dangerous moments in history’.
21 December – World War I: First bombing raid on Britain when a German floatplane drops bombs in Dover Harbour. [27] 24 December – World War I: British and German soldiers begin an unofficial Christmas truce. Britain's mainland is bombed for the first time when a German floatplane drops a bomb on Dover. [6]
BY TESS LITTLE (Reuters) - Lights across Britain switched off for an hour on Monday night in a tribute to the dead of World War One inspired by the prophetic observation of Britain's foreign ...