4 January 1698: the Palace of Whitehall is destroyed by fire

By the late 17th century, the Palace of Whitehall was a mishmash of architectural styles. From Tudor towers to the Palladian Banqueting House designed by Inigo Jones in 1619, it was described as one of the largest, most complex and beautiful palaces in Europe – or the ugliest if you agreed with the French Duc de Saint-Simon.

Disaster struck at four in the afternoon on 4 January 1698, when a basket of linen, left out to dry beside a charcoal fire, set alight. It wasn't the first accident to befall the palace: just seven years earlier, a similar mishap in the Duchess of Portsmouth's lodgings almost claimed the royal residence. But this time, the destruction was all but complete.

Efforts to save the palace were chaotic. Servants ran around frantically trying to save the furnishings but were impeded in their efforts by the courtiers, who had bolted their doors against looters, thus getting in the way of workmen who were desperately trying to blow up the buildings in advance of the encroaching flames. It was all mostly in vain. A marble bust of Charles I by the great Italian sculptor Gian Lorenzo Bernini and a Michelangelo are among the treasures believed lost in the fire.

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Banqueting House and the beautifully ornate Tudor Holbein Gate survived, although an unsentimental London demolished the gate in 1759 to make way for a road. But some mourned the still smouldering ruins. The reigning William III declared valiantly that "if God would give him leave, he would rebuild them much finer than before". He even fetched Sir Christopher Wren to set to it.

But God wasn't the problem: the Treasury was – in that it was empty. Queen Anne, who followed William in 1702, promised to put aside £100,000 for six years to fund the rebuilding of Whitehall Palace. Her endeavours, too, came to nothing. So the wreckage was swept away, and the politicians later moved in. Perhaps it's not for nothing that the Cabinet Office today sits on the site of the old cockfighting pit.