# Big Bang deregulates the City of London (1986)

URL: https://english-history.com/timeline/1986-big-bang-deregulates-the-city-of-london
Categories: main-event

Financial-market reforms transformed trading practices and opened the City to greater international competition. Within the broader Postwar & Modern Uk period, decolonization, welfare institutions, migration, European integration and withdrawal, devolution and social change reshaped the modern United Kingdom. This event is placed at 1986 in the chronology so it can be read alongside the political, military, social and cultural changes around it. The changes accelerated London's emergence as a global financial centre and reshaped the British economy.

## Why it matters
The changes accelerated London's emergence as a global financial centre and reshaped the British economy.

Ruler at the time: [Elizabeth II](https://english-history.com/rulers/elizabeth-ii)

## Sources
- [Wikipedia topic lookup — Big Bang deregulates the City of London](https://en.wikipedia.org/wiki/Special:Search?search=Big+Bang+deregulates+the+City+of+London&go=Go)
- [Encyclopaedia Britannica topic lookup — Big Bang deregulates the City of London](https://www.britannica.com/search?query=Big+Bang+deregulates+the+City+of+London)
- [Wikipedia — Timeline of British history](https://en.wikipedia.org/wiki/Timeline_of_British_history)
- [The National Archives — Postwar collection](https://www.nationalarchives.gov.uk/explore-the-collection/explore-by-time-period/postwar/)