No More Champagne

No More Champagne

Churchill and His Money

Book - 2015
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The untold story of Winston Churchill's precarious finances - and the most original and surprising book about Churchill to emerge for many years.

The popular image of Churchill - grandson of a duke, drinking champagne and smoking a cigar - conjures up a man of wealth and substance. The reality is that Britain's most celebrated 20th-century statesman lived for most of his life on a financial cliff-edge. Only fragments of information about his finances, or their impact on his public life, have previously emerged.

With the help of unprecedented access to Churchill's private records, David Lough creates the first fully researched narrative of Churchill's private finances and business affairs. As he reveals the scale of Churchill's financial risk-taking, combined with an ability to talk or write himself out of the tightest of corners, the links between the private man and public figure become clear.

Publisher: London : Head of Zeus, 2015.
ISBN: 9781784081812
Branch Call Number: 923.241 CHU LOU
Characteristics: xii, 532 pages :,illustrations ;,25 cm

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t
tirjan
Jun 27, 2016

Lough reveals at length a side of Winston Churchill that many people never realized: he was skating on very this ice financially his whole life. He lived a pretty lavish lifestyle but it was on borrowed money. It seems he and his wife, Clementine, just couldn't control their expenditures any more than could Winston's mother, Jennie Jerome. To dodge the bill collectors and tax men in Britain and the US, Churchill speculated in many things besides writing: stock market and real estate speculation, horse racing, casino gambling, farming, painting, consultation on films and so on. Worse, he never stinted on spending for fine food, wine and liquor, cigars and clothes and tailoring. Were it not for close friends (and he had many over the year) Chruchill's personal life might have been commonplace. As it turned out, it wasn't.

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