Book review: David Lough, No More Champagne: Churchill and His Money (2015)

A great read. Lost count how many times Churchill asked the tax commissioner to agree he retired as an author. Wrote a history of second world War despite retiring as an author in 1946. He was just the editor. His failure to pay his wine merchant for several years at a time is beyond the pale.

britscript's avatarbritscript

Image result for churchill cigar commons

Winston Churchill has a well-deserved reputation as a bon vivant. From the iconic cigar to the John Bull physique to the legendary consumption of Pol Roger champagne, he was a man who enjoyed life. This is fully documented in the vast biographical literature on Churchill. What is perhaps less well known is that for the majority of his long life his finances were out of control, veering from bursts of fortune to overwhelming debt. In this original study of Churchill and his money David Lough shows us the constant preoccupation the statesman had with personal finance.

Churchill was born into a background of high social status but great financial uncertainty. His father, Lord Randolph Churchill, was a younger son of the Duke of Marlborough, a radical Tory and sometime Chancellor of the Exchequer. Throughout his life he constantly struggled to maintain an income that would meet the enormous expenditure…

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