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INTERNET | Internet Software & Services / Asset & Financial Management & Trading
1825.com

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Founded Year

2015

Stage

Incubator/Accelerator | Alive

About 1825

1825 is the financial planning business of STANDARD Life. 1825 is an automated advise proposition for consurmers that are close to retirement.

1825 Headquarter Location

Clayton Wood Close West Park Ring Road

Leeds, England, LS16 6QE,

United Kingdom

0113-228-0900

Latest 1825 News

On This Day In Market History: The Panic Of 1825

Dec 14, 2017

What Happened? On this day 192 years ago, a stock market crash attributed to what many economists call the first modern economic crisis took place in England. Across the pond in the U.S., the S&P 500 index and the Dow Jones Industrial Average did not yet exist, and the New York Stock & Exchange Board, which would become the NYSE, was only eight years old at the time. In the U.S. election of 1824, no candidate received the majority of the electoral college votes, so the House of Representatives elected John Quincy Adams as president in February, 1825. The price of a cow was roughly $12 at the time. The Panic Of 1825 Today, cryptocurrency skeptics are warning speculators about the potential fallout of a bursting bitcoin bubble. But out of control market speculation is nothing new. Back in 1825, British speculators were borrowing massive amounts of money to trade in mining operations and commodities, particularly in South America. Once the market began to turn, the banks that extended the credit for these speculations were in trouble. The crisis came to a head on Dec. 14, 1825 when London bank Pole & Co. failed, triggering a wave of 40 other bank failures. The resulting panic and bank run sent the London stock market tumbling 80 percent and nearly brought down the Bank of England. Economists believe the Panic of 1825 was the first example of an economic crisis that wasn't triggered by an external event, such as a war or other geopolitical development. Related Links:

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